SEC Form 4 · accession 0001351952-16-000093
COLUMBIA SPORTSWEAR CO · COLM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Sarah Bany
Director
Period of report
Feb 16, 2016
Accepted (ET)
Feb 18, 2016 · 7:30 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 16, 2016 | M | 4,032 | $24.96 | A | 1,617,168 | D | |
| Common Stock | Feb 16, 2016 | M | 4,130 | $24.96 | A | 1,621,298 | D | |
| Common StockF1 | Feb 16, 2016 | S | 8,162 | $55.0787 | D | 1,613,136 | D | |
| Common StockF2 | holding | — | — | — | 838,418 | I | By DSRA, LLC |
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 | $24.96 | Feb 16, 2016 | M | 4,032 | D | May 18, 2007 | May 17, 2016 | Common Stock | 4,032 | 0 | D |
| Employee Stock Option (right to buy)F3,F5 | $24.96 | Feb 16, 2016 | M | 4,130 | D | May 18, 2007 | May 17, 2016 | Common Stock | 4,130 | 0 | 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 $54.96 to $55.33, 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.
- F2DSRA, LLC ownership is allocated as follows: Ms. Bany 5%, Ms. Bany's spouse 5% and the remaining 90% is owned by trust for the benefit of Ms. Bany's family, for which Ms. Bany's spouse is the trustee.
- F3On September 26, 2014 the option price and number of shares were adjusted to reflect COLM 2-for-1 stock split.
- F4On 5/18/06 the reporting person was granted 4,032 stock options. The option grant vests one-third of the shares on the first three anniversaries of the grant date.
- F5On 5/18/06 the reporting person was granted 4,130 stock options. The option grant vests 100% on the first anniversary of the grant date.