G-III awards 270,529 PSUs to top execs; vesting tied to FY23-25 EBIT and ROIC

G III APPAREL GROUP LTD /DE/

CEO Morris Goldfarb received 143,221 PSUs; Vice Chairman Sammy Aaron 95,481; EVP Jeffrey Goldfarb 23,870; CFO Neal Nackman 7,957.
PSUs vest on April 1, 2025, subject to three-year cumulative Adjusted EBIT and average ROIC targets.
Vesting range: 50% to 150% of target shares; 75% weighting on EBIT, 25% on ROIC.
Awards under 2015 Long-Term Incentive Plan; settlement in common stock within 90 days of vesting.

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