SEC Form 4 · accession 0001209191-15-067143
SKECHERS USA INC · SKX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owners
Robert Greenberg
Officer — Chief Executive Officer · Director · 10% Owner
GREENBERG FAMILY TRUST
10% Owner
M Susan Greenberg
10% Owner
Period of report
Aug 18, 2015
Accepted (ET)
Aug 20, 2015 · 5:36 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001065837
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common StockF1 | Aug 18, 2015 | C | 100,000 | — | A | 100,000 | I | By Greenberg Family Trust |
| Class A Common Stock | Aug 18, 2015 | S | 100,000 | $153.7281 | D | 0 | I | By Greenberg Family Trust |
| Class A Common StockF1 | Aug 19, 2015 | C | 200,000 | — | A | 200,000 | I | By Greenberg Family Trust |
| Class A Common Stock | Aug 19, 2015 | S | 200,000 | $152.8555 | D | 0 | I | By Greenberg Family Trust |
| Class A Common Stock | holding | — | — | — | 74,231 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Class B Common StockF2,F3 | — | Aug 18, 2015 | C | 100,000 | D | — | — | Class A Common Stock | 100,000 | 4,343,836 | I |
| Class B Common StockF2,F3 | — | Aug 19, 2015 | C | 200,000 | D | — | — | Class A Common Stock | 200,000 | 4,144,636 | I |
Explanation of responses
- F1Each share of Class A Common Stock was issued upon conversion of one share of Class B Common Stock for no additional consideration.
- F2Holders of Class A Common Stock and Class B Common Stock generally have identical rights, except that holders of Class A Common Stock are entitled to one vote per share while holders of Class B Common Stock are entitled to ten votes per share on matters to be voted on by shareholders.
- F3Shares of Class B Common Stock are convertible into Class A Common Stock on a one-for-one basis for no additional consideration at any time, with no expiration date, upon voluntary conversion by the holder of such shares or upon any sale or transfer of such shares with certain exceptions.