SEC Form 4 · accession 0001351952-17-000031
COLUMBIA SPORTSWEAR CO · COLM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Thomas B. Cusick
Officer — EVP Finance, CFO & Treasurer
Period of report
Mar 27, 2017
Accepted (ET)
Mar 29, 2017 · 3:21 pm EDT
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 | Mar 27, 2017 | M | 7,174 | $23.85 | A | 47,326 | D | |
| Common StockF1 | Mar 27, 2017 | M | 6,850 | $25.545 | A | 54,176 | D | |
| Common StockF1,F2 | Mar 27, 2017 | S | 14,024 | $58.5001 | D | 40,152 | D | |
| Common StockF1 | Mar 28, 2017 | M | 15,976 | $25.545 | A | 56,128 | D | |
| Common StockF1 | Mar 28, 2017 | S | 15,976 | $58.50 | D | 40,152 | 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)F1,F3 | $23.85 | Mar 27, 2017 | M | 7,174 | D | Jan 26, 2013 | Jan 25, 2022 | Common Stock | 7,174 | 0 | D |
| Employee Stock Option (right to buy)F1,F4 | $25.545 | Mar 27, 2017 | M | 6,850 | D | Jan 31, 2014 | Jan 30, 2023 | Common Stock | 6,850 | 16,892 | D |
| Employee Stock Option (right to buy)F1,F4 | $25.545 | Mar 28, 2017 | M | 15,976 | D | Jan 31, 2014 | Jan 30, 2023 | Common Stock | 15,976 | 916 | D |
Explanation of responses
- F1The reported transaction was effected pursuant to a Rule 10b5-1 trading plan.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $58.50 to $58.51, 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.
- F3On 1/26/12 the reporting person was granted 28,702 stock options. The option grant vests over 4 years with 25% becoming exercisable on each anniversary of the grant date.
- F4On 1/31/13 the reporting person was granted 31,742 stock options. The option grant vests over 4 years with 25% becoming exercisable on each anniversary of the grant date.