Sec Form 4 Filing - MARCIANO PAUL @ GUESS INC - 2021-02-05

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 Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person MARCIANO PAUL 2. Issuer Name and Ticker or Trading Symbol GUESS INC [ GES] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) X __ Director X __ 10% Owner X __ Officer (give title below) _____ Other (specify below) Chief Creative Officer (Last) (First) (Middle) C/O GUESS INC., 1444 S. ALAMEDA STREET 3. Date of Earliest Transaction (MM/DD/YY) 02/05/2021 (Street) LOS ANGELES, CA90021 4. If Amendment, Date Original Filed (MM/DD/YY) 6. Individual or Joint/Group Filing (Check Applicable Line) __ X __ Form filed by One Reporting Person _____ Form filed by More than One Reporting Person (City) (State) (Zip)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned 1.Title of Security (Instr. 3) 2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 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 02/05/2021 A 91,347 ( 1 ) A $ 0 247,098 D Common Stock 9,966,935 I by Paul Marciano Trust ( 2 ) Common Stock 105,977 I by Exempt Gift Trust ( 3 ) Common Stock 370,309 I by Nonexempt Gift Trust ( 4 ) Common Stock 349,491 I by PM Special Exempt Trust ( 5 ) Common Stock 170,666 I by G Financial Holdings, LLC ( 6 ) Common Stock 339,005 I by G Financial Holdings II, LLC ( 7 ) Common Stock 1,481,700 I by NRG Capital Holdings, LLC ( 8 ) Common Stock 4,598,087 I by MM Trust ( 9 ) Common Stock 103,801 I by Next Step Capital, LLC ( 10 ) Common Stock 554,940 I by Next Step Capital II, LLC ( 11 ) Common Stock 1,691,709 I By MM Charitable Remainder Unitrust II ( 12 ) Common Stock 1,760,000 I By MM CRUT, LLC ( 13 )

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 (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 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 (MM/DD/YY) 7. Title and Amount of Underlying Securities (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

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other MARCIANO PAUL C/O GUESS INC. 1444 S. ALAMEDA STREET LOS ANGELES, CA90021 X X Chief Creative Officer Signatures /s/ Jason T. Miller (Attorney-in-fact) 02/09/2021 Signature of Reporting Person Date

Explanation of Responses:

( 1 )Acquired pursuant to Issuer's employee equity plan upon achievement of previously established performance criteria. ( 2 )Shares are held by the Paul Marciano Trust dated, 2/20/86. ( 3 )Shares are held by Exempt Gift Trust under the Next Step Trust. The reporting person disclaims beneficial ownership of these shares, except to the extent of the reporting person's pecuniary interest therein. ( 4 )Shares are held by the Nonexempt Gift Trust under the Next Step Trust. The reporting person disclaims beneficial ownership of these shares, except to the extent of the reporting person's pecuniary interest therein. ( 5 )Shares are held by Paul Marciano Special Exempt Trust. ( 6 )Shares are held by G Financial Holdings, LLC. ( 7 )Shares are held by G Financial Holdings II, LLC. ( 8 )Shares are held by NRG Capital Holdings, LLC. ( 9 )Shares are held by the Maurice Marciano Trust (2006 Restatement). The reporting person was appointed trustee of such entity on August 18, 2020. The reporting person disclaims beneficial ownership of these shares, except to the extent of the reporting person's pecuniary interest therein. ( 10 )Shares are held by Next Step Capital, LLC. The reporting person was appointed investment director of such entity on August 23, 2020. The reporting person disclaims beneficial ownership of these shares, except to the extent of the reporting person's pecuniary interest therein. ( 11 )Shares are held by Next Step Capital II, LLC. The reporting person was appointed investment director of such entity on August 23, 2020. The reporting person disclaims beneficial ownership of these shares, except to the extent of the reporting person's pecuniary interest therein. ( 12 )Shares are held by Maurice Marciano Charitable Remainder Unitrust II. The reporting person was appointed as investment committee member of the trustee of such entity on August 22, 2020. The reporting person disclaims beneficial ownership of these shares, except to the extent of the reporting person's pecuniary interest therein. ( 13 )Shares are held by MM CRUT, LLC. The reporting person was appointed investment director of such entity on August 22, 2020. The reporting person disclaims beneficial ownership of these shares, except to the extent of the reporting person's pecuniary interest therein.

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).

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