SEC Form 4 · accession 0001351952-18-000027
COLUMBIA SPORTSWEAR CO · COLM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Thomas B. Cusick
Officer — EVP & COO
Period of report
Apr 11, 2018
Accepted (ET)
Apr 13, 2018 · 1:03 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 | Apr 11, 2018 | M | 8,343 | $42.11 | A | 52,606 | D | |
| Common StockF1,F2 | Apr 11, 2018 | S | 8,343 | $82.5001 | D | 44,263 | 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 | $42.11 | Apr 11, 2018 | M | 8,343 | D | Feb 9, 2016 | Feb 8, 2025 | Common Stock | 8,343 | 2,780 | 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 averge price. These shares were sold in multiple transactions at prices ranging from $82.50 to $82.51, 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 2/9/15 the reporting person was granted 11,123 stock options. The option grant vests over 4 years with 25% becoming exercisable on each anniversary of the grant date.