SEC Form 4 · accession 0001351952-16-000077
COLUMBIA SPORTSWEAR CO · COLM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Bryan Timm
Officer — President/COO
Period of report
Jan 20, 2016
Accepted (ET)
Jan 22, 2016 · 1:38 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 | Jan 20, 2016 | M | 17,820 | — | A | 69,819 | D | |
| Common StockF2 | Jan 20, 2016 | F | 6,567 | $46.30 | D | 63,252 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F4,F3 | — | Jan 20, 2016 | M | 17,820 | D | Jan 20, 2016 | — | Common Stock | 17,820 | 0 | D |
Explanation of responses
- F1Each restricted stock unit represents a right to receive one share of COLM common stock.
- F2Shares surrendered to the Company as payment to satisfy tax withholding obligation in connection with the vesting of the restricted stock units.
- F3N/A
- F4On 1/20/11 the reporting person was granted 17,820 restricted stock units, 100% vest on the fifth anniversary of the grant date. Vested shares will be delivered to the reporting person on the designated vest dates. If a vesting date falls on a weekend or any other day on which the Nasdaq Stock Market ("NSM") or any national securities exchange on which the Common Stock then is principally traded (the "Exchange") is not open, affected RSUs shall vest on the next following NSM or Exchange business day, as the case may be.