G-III Apparel grants 300,963 PSUs to named execs; vesting based on 3-year EBIT and ROIC

G III APPAREL GROUP LTD /DE/

PSUs awarded to CEO Morris Goldfarb (156,270), President Sammy Aaron (86,816), EVP Jeffrey Goldfarb (43,408), CFO Neal Nackman (14,469).
Vesting 75% on 3-year cumulative Adjusted EBIT target, 25% on 3-year average ROIC target (27% hypothetical tax rate).
Maximum vesting 150% of target, minimum 50%; none if below threshold; vesting date June 15, 2026.
Awards under 2015 Long-Term Incentive Plan, as amended; settlement in shares within 90 days post-vesting.

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