FORM 4
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

GOLDFARB MORRIS
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
(Last)          (First)          (Middle)

C/O G-III APPAREL GROUP, LTD., 512 SEVENTH AVENUE
3. Date of Earliest Transaction (MM/DD/YYYY)

12/7/2017
(Street)

NEW YORK, NY 10018
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
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. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. 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   12/7/2017     J (1)    500000   D $34.955   0   I   Morris Goldfarb 2017 GRAT LF  
Common Stock, Par Value $.01 Per Share   12/7/2017     J (1)    500000   A $34.955   3854329   D    
Common Stock, Par Value $.01 Per Share   12/7/2017     J (1)    500000   D $34.955   0   I   Morris Goldfarb 2017 GRAT JG  
Common Stock, Par Value $.01 Per Share   12/7/2017     J (1)    500000   A $34.955   3354329   D    
Common Stock, Par Value $.01 Per Share                  200000   I   Arlene Goldfarb 2012 Delaware Trust  
Common Stock, Par Value $.01 Per Share                  166750   I   Goldfarb Family Partners, LLC  
Common Stock, Par Value $.01 Per Share                  200000   I   Morris Goldfarb 2012 Delaware Trust  
Common Stock, Par Value $.01 Per Share                  29666   I   Spouse  
Common Stock, Par Value $.01 Per Share                  92802   I   The Morris And Arlene Goldfarb Family Foundation  
Common Stock, Par Value $.01 Per Share                  130000   I   Trust For Daughter ( Spouse Is Trustee)  
Common Stock, Par Value $.01 Per Share                  130000   I   Trust For Son (spouse Is Trustee)  

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. 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 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 of Derivative Security: 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)  Effective December 7, 2017, Mr. Goldfarb withdrew 500,000 shares of common stock from each of the Morris Goldfarb 2017 GRAT JG and the Morris Goldfarb 2017 GRAT LF in exchange for promissory notes. The principal amount of each promissory note is equal to the average of the high and low sales prices of our common stock on such date, multiplied by the number of shares of common stock withdrawn from the corresponding GRAT.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
GOLDFARB MORRIS
C/O G-III APPAREL GROUP, LTD.
512 SEVENTH AVENUE
NEW YORK, NY 10018
X X CEO

Signatures
/s/ Morris Goldfarb 12/11/2017
** 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 control number.
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