SEC Form 4 · accession 0001351952-15-000040
COLUMBIA SPORTSWEAR CO · COLM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Christopher A. Gaylord
Officer — President, Mountain Hardwear
Period of report
Feb 27, 2015
Accepted (ET)
Mar 2, 2015 · 2:30 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 27, 2015 | M | 4,622 | $29.985 | A | 21,636 | D | |
| Common Stock | Feb 27, 2015 | M | 4,000 | $23.85 | A | 25,636 | D | |
| Common Stock | Feb 27, 2015 | S | 8,622 | $55.80 | D | 17,014 | D | |
| Common StockF1,F2 | Feb 27, 2015 | M | 4,732 | $0.00 | A | 21,746 | D | |
| Common StockF3 | Feb 27, 2015 | F | 2,470 | $55.89 | D | 19,276 | 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)F4,F5 | $29.985 | Feb 27, 2015 | M | 4,622 | D | Jan 20, 2012 | Jan 19, 2021 | Common Stock | 4,622 | 0 | D |
| Employee Stock Option (right to buy)F4,F5 | $23.85 | Feb 27, 2015 | M | 4,000 | D | Jan 26, 2013 | Jan 25, 2022 | Common Stock | 4,000 | 15,932 | D |
Explanation of responses
- F1On 3/21/2012, the reporting person was granted a performance restricted stock unit grant for 3,250 target shares. 4,732 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.
- F4On September 26, 2014 the option price and number of shares were adjusted to reflect COLM 2-for-1 stock split.
- F5The option grant vests over 4 years with 25% becoming exercisable on each anniversary of the grant date.