SEC Form 4 · accession 0001351952-15-000033
COLUMBIA SPORTSWEAR CO · COLM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Andy D Bryant
Director
Period of report
Feb 23, 2015
Accepted (ET)
Feb 24, 2015 · 1:18 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001050797
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Feb 23, 2015 | M | 10,500 | $22.425 | A | 38,068 | D | |
| Common Stock | Feb 23, 2015 | M | 4,032 | $24.96 | A | 42,100 | D | |
| Common StockF2 | Feb 23, 2015 | S | 14,532 | $55.4053 | D | 27,568 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to buy)F3,F4 | $22.425 | Feb 23, 2015 | M | 10,500 | D | Jul 1, 2005 | May 23, 2015 | Common Stock | 10,500 | 0 | D |
| Employee Stock Option (right to buy)F3,F5 | $24.96 | Feb 23, 2015 | M | 4,032 | D | May 18, 2007 | May 17, 2016 | Common Stock | 4,032 | 0 | D |
Explanation of responses
- F1On September 26, 2014, the common stock of COLM split 2-for-1, resulting in the reporting person's ownership of 13,784 additional shares of common stock.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $55.37 to $55.47, inclusive. The reporting person undertakes to provide to Columbia Sportswear Company, any security holder of Columbia Sportswear Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each price within the range set forth in this footnote to this Form 4.
- F3On September 26, 2014 the option price and number of shares were adjusted to reflect COLM 2-for-1 stock split.
- F4Vesting commences on the first day of the first full month following the grant date and becomes exercisable ratably over thirty-six months.
- F5Options become exercisable for one-third of the shares on the first three anniversaries of the grant date.