SEC Form 4 · accession 0001351952-18-000017
COLUMBIA SPORTSWEAR CO · COLM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Sarah Bany
Director
Period of report
Feb 20, 2018
Accepted (ET)
Feb 22, 2018 · 5:58 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 15, 2018 | G | 1,579,134 | $0.00 | D | 2 | D | |
| Common Stock | Feb 20, 2018 | M | 6,628 | $21.275 | A | 6,630 | D | |
| Common Stock | Feb 20, 2018 | M | 5,218 | $21.275 | A | 11,848 | D | |
| Common StockF2 | Feb 20, 2018 | S | 6,628 | $74.08 | D | 5,220 | D | |
| Common StockF3 | Feb 20, 2018 | S | 5,218 | $74.45 | D | 2 | D | |
| Common Stock | Feb 15, 2018 | G | 1,579,134 | $0.00 | A | 1,579,134 | I | By Spouse |
| Common StockF4 | holding | — | — | — | 804,418 | 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)F5,F6 | $21.275 | Feb 20, 2018 | M | 6,628 | D | May 21, 2009 | May 20, 2018 | Common Stock | 6,628 | 0 | D |
| Employee Stock Option (right to buy)F5,F7 | $21.275 | Feb 20, 2018 | M | 5,218 | D | May 21, 2009 | May 20, 2018 | Common Stock | 5,218 | 0 | D |
Explanation of responses
- F1This transaction involved a gift of securities by the reporting person to her spouse, who shares reporting person's household. The reporting person disclaims beneficial ownership of the shares held by her spouse, and this report should not be deemed an admission that the reporting person is the beneficial owner of her spouse's shares for purposes of Section 16 or for any other purpose.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $73.65 to $74.27, 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.
- F3The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $74.27 to $74.79, 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.
- F4DSRA, 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.
- F5On September 26, 2014 the option price and number of shares were adjusted to reflect COLM 2-for-1 stock split.
- F6On 5/21/08 the reporting person was granted 6,628 stock options. The option grant vests one-third of the shares on the first three anniversaries of the grant date.
- F7On 5/21/08 the reporting person was granted 5,218 stock options. The option grant vests 100% on the first anniversary of the grant date.