SEC Form 4 · accession 0001351952-18-000070
COLUMBIA SPORTSWEAR CO · COLM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Sarah Bany
Director
Period of report
Nov 27, 2018
Accepted (ET)
Nov 28, 2018 · 4:36 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 | Nov 27, 2018 | M | 11,608 | $15.23 | A | 11,610 | D | |
| Common Stock | Nov 27, 2018 | M | 8,338 | $15.23 | A | 19,948 | D | |
| Common StockF1 | Nov 27, 2018 | S | 11,246 | $89.33 | D | 8,702 | D | |
| Common StockF2,F3 | Nov 27, 2018 | S | 8,700 | $88.36 | D | 2 | D | |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (right to buy)F5,F6 | $15.23 | Nov 27, 2018 | M | 11,608 | D | May 21, 2010 | May 20, 2019 | Common Stock | 11,608 | 0 | D |
| Stock Option (right to buy)F5,F7 | $15.23 | Nov 27, 2018 | M | 8,338 | D | May 21, 2010 | May 20, 2019 | Common Stock | 8,338 | 0 | D |
Explanation of responses
- F1The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $88.94 to $89.94, 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.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $88.00 to $88.87, 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 reporting person no longer has a reportable interest in 1,579,134 shares beneficially owned by the reporting person's spouse prior to his death and included in the reporting person's prior ownership report.
- F4DSRA, LLC ownership is allocated as follows: Ms. Bany's Revocable Trust 5%, the David C. Bany Trust UAD 3/15/2018 5%, and the remaining 90% is owned by trust for the benefit of Ms. Bany's family.
- F5On September 26, 2014 the option price and number of shares were adjusted to reflect COLM for 2-for-1 stock split.
- F6On 5/21/2009, the reporting person was granted 11,608 stock options. The option grant vested one-third of the shares on the first three anniversaries of the grant date.
- F7On 5/21/2009, the reporting person was granted 8,338 stock options. The option grant vested 100% of the shares on the first anniversary of the grant date.