SEC Form 4 · accession 0001351952-15-000039
COLUMBIA SPORTSWEAR CO · COLM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Thomas B. Cusick
Officer — EVP of Finance & CFO
Period of report
Feb 27, 2015
Accepted (ET)
Mar 2, 2015 · 2:29 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,F2 | Feb 27, 2015 | M | 6,812 | $0.00 | A | 33,025 | D | |
| Common StockF3 | Feb 27, 2015 | F | 3,471 | $55.89 | D | 29,554 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On 3/21/2012, the reporting person was granted a performance restricted stock unit grant for 4,678 target shares. 6,812 shares were earned on 2/27/15, based on achieving 145.6% of certain performance criteria for the period 1/1/12 - 12/31/14. Restricted stock units vest and settle in shares of the Company's common stock on a one-for-one basis.
- F2On September 26, 2014 the RSUs were adjusted to reflect COLM 2-for-1 stock split.
- F3Shares surrendered to the Company as payment to satisfy tax withholding obligation in connection with the vesting of the restricted stock units.