SEC Form 4 · accession 0001351952-17-000039
COLUMBIA SPORTSWEAR CO · COLM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John W Stanton
Director
Period of report
Jun 1, 2017
Accepted (ET)
Jun 2, 2017 · 7:30 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 | Jun 1, 2017 | M | 494 | — | A | 416,276 | D | |
| Common StockF1 | Jun 1, 2017 | M | 362 | — | A | 416,638 | D | |
| Common StockF1 | Jun 1, 2017 | M | 365 | — | A | 417,003 | 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,F3,F2 | — | Jun 1, 2017 | M | 494 | D | Jul 1, 2015 | — | Common Stock | 494 | 0 | D |
| Restricted Stock UnitsF1,F4,F2 | — | Jun 1, 2017 | M | 362 | D | Jun 1, 2016 | — | Common Stock | 362 | 362 | D |
| Restricted Stock UnitsF1,F5,F2 | — | Jun 1, 2017 | M | 365 | D | Jul 1, 2017 | — | Common Stock | 365 | 730 | D |
Explanation of responses
- F1Each restricted stock unit represents a right to receive one share of COLM common stock.
- F2N/A
- F3The reported transaction involved an amendment to the outstanding restricted stock unit award, resulting in accelerated vesting of 494 shares. On 6/3/14 the reporting person was originally granted 1,486 restricted stock units, 33% of the restricted stock units vest annually (a) on the first anniverary of the first day of the first full calendar month following the award date (the "Vest Date"), and (b) on each of the two subsequent anniversaries following the first anniversary of the Vest Date. One share of Common Stock will be automatically delivered to the reporting person for each restricted stock unit that vests. 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.
- F4On 5/19/15 the reporting person was granted 1,086 restricted stock units, 33% of the restricted stock units vest annually (a) on the first anniverary of the first day of the first full calendar month following the award date (the "Vest Date"), and (b) on each of the two subsequent anniversaries following the first anniversary of the Vest Date. One share of Common Stock will be automatically delivered to the reporting person for each restricted stock unit that vests. 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.
- F5The reported transaction involved an amendment to the outstanding restricted stock unit award, resulting in accelerated vesting of 365 shares. On 6/10/16 the reporting person was originally granted 1,095 restricted stock units, 33% of the restricted stock units vest annually (a) on the first anniverary of the first day of the first full calendar month following the award date (the "Vest Date"), and (b) on each of the two subsequent anniversaries following the first anniversary of the Vest Date. One share of Common Stock will be automatically delivered to the reporting person for each restricted stock unit that vests. 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.