Morris Goldfarb Form 4 G III APPAREL / MORRIS GOLDFARB ownership change

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:	3235-0287
Estimated average burden
hours per response:	0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

GOLDFARB MORRIS

(Last) (First) (Middle)

C/O G-III APPAREL GROUP, LTD.

512 SEVENTH AVENUE

(Street)

NEW YORK NY 10018

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
G III APPAREL GROUP LTD /DE/ [ GIII ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	X	10% Owner
X	Officer (give title below)		Other (specify below)
CEO

3. Date of Earliest Transaction (Month/Day/Year)
06/15/2018

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock, Par Value $.01 Per Share	06/15/2018		S		161,190	D	$47.1125(1)	3,812,427	D
Common Stock, Par Value $.01 Per Share	06/18/2018		S		338,810	D	$47.1299(2)	3,473,617	D
Common Stock, Par Value $.01 Per Share	06/18/2018		S		20,000	D	$47.422(3)	72,802	I	The Morris And Arlene Goldfarb Family Foundation
Common Stock, Par Value $.01 Per Share	06/19/2018		S		250,000	D	$47.6934(4)	3,223,617	D
Common Stock, Par Value $.01 Per Share								200,000	I	Arlene Goldfarb 2012 Delaware Trust
Common Stock, Par Value $.01 Per Share								166,750	I	Goldfarb Family Partners, LLC
Common Stock, Par Value $.01 Per Share								200,000	I	Morris Goldfarb 2012 Delaware Trust
Common Stock, Par Value $.01 Per Share								29,666	I	Spouse

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The reported price represents the weighted average price for shares sold in multiple transactions ranging from $47.00 to $47.47. The details of the amounts and prices will be provided to the Issuer, any shareholders of the Issuer or the SEC on request.

2. The reported price represents the weighted average price for shares sold in multiple transactions ranging from $47.00 to $47.63. The details of the amounts and prices will be provided to the Issuer, any shareholders of the Issuer or the SEC on request.

3. The reported price represents the weighted average price for shares sold in multiple transactions ranging from $47.35 to $47.54. The details of the amounts and prices will be provided to the Issuer, any shareholders of the Issuer or the SEC on request.

4. The reported price represents the weighted average price for shares sold in multiple transactions ranging from $47.50 to $47.87. The details of the amounts and prices will be provided to the Issuer, any shareholders of the Issuer or the SEC on request.

	/s/ Morris Goldfarb	06/19/2018
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.