SEC Form 4 · accession 0001351952-17-000026
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
Mar 7, 2017
Accepted (ET)
Mar 8, 2017 · 7:07 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 | Mar 7, 2017 | M | 8,528 | $0.00 | A | 83,983 | D | |
| Common StockF3 | Mar 7, 2017 | F | 4,346 | $54.79 | D | 79,637 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On 3/3/14, the reporting person was granted a performance restricted stock unit grant for 5,254 target shares. 8,528 shares were earned on 3/7/17, based on achieving 162.3% of certain performance criteria for the period 1/1/14 - 12/31/16. 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.