SEC Form 4 · accession 0001351952-15-000035
COLUMBIA SPORTSWEAR CO · COLM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Bryan Timm
Officer — EVP/COO
Period of report
Feb 23, 2015
Accepted (ET)
Feb 24, 2015 · 1:20 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 Stock | Feb 23, 2015 | M | 18,100 | $23.85 | A | 65,458 | D | |
| Common StockF1 | Feb 23, 2015 | S | 18,100 | $55.6596 | D | 47,358 | 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)F2,F3 | $23.85 | Feb 23, 2015 | M | 18,100 | D | Jan 26, 2013 | Jan 25, 2022 | Common Stock | 18,100 | 9,964 | D |
Explanation of responses
- F1The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $55.60 to $55.895, 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.
- F2On September 26, 2014 the option price and number of shares were adjusted to reflect COLM 2-for-1 stock split.
- F3The option grant vests over 4 years with 25% becoming exercisable on each anniversary of the grant date.