Securities and Exchange Commission

Washington, D.C. 20549

 
Current Report on Form 8-K

 
Current Report Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

 
Date of Report (Date of Earliest Event Reported):

February 25,  2005

 
Inter Parfums, Inc.

(Exact name of Registrant as specified in its charter)

Commission File Number  0-16469

		Delaware                                                                         13-3275609

(State or other jurisdiction of                                          
(I.R.S. Employer

incorporation or organization)                                        			Identification No.)

		 

551 Fifth Avenue, New York, New York 10176

(Address of Principal Executive Offices)

 

212. 983.2640

(Registrant's Telephone number, including area code)

 

Item 3.02. Unregistered 
Sales of Equity Securities

        On February 25, 2005, both the Chief Executive Officer and the 
President of our company exercised an aggregate of 511,350 and 426,850 
outstanding stock options, respectively, of our common stock. The exercise 
prices of $1,307,000 for the Chief Executive Officer and $1,091,000 for the 
President were paid by each of them tendering to the Company 90,513 and 75,556 
shares, respectively, of our common stock, previously owned by them, valued at 
$14.44 per share, the fair market value on the date of exercise. All shares 
issued pursuant to these option exercises were issued from our treasury stock. 
In addition, the Chief Executive Officer tendered an additional 10,388 shares 
for partial payment of withholding taxes resulting from his option exercise. As 
a result of this transaction, we expect to receive a tax benefit of 
approximately $600,000, which will be reflected as an increase to additional 
paid‑in capital in our consolidated financial statements for the year ended 
December 31, 2005.
        Each 
of the Chief Executive Officer and the President agreed to hold their shares for 
investment and not with a view towards distribution. The above transactions were 
exempt from the registration requirements of Section 5 of the Securities Act 
under Sections 4(2) and 4(6) of the Securities Act. 
 

SIGNATURES

        Pursuant to the requirements of the Securities and Exchange Act of 1934, the Registrant has duly caused and
authorized this report to be signed on its behalf by the undersigned.

Dated: March 2, 2005


  
     
    Inter Parfums, Inc.
By: /s/ Russell Greenberg

      Russell Greenberg, Executive Vice President