SEC Form 4 · accession 0001209191-16-090823
SKECHERS USA INC · SKX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jeffrey Greenberg
Director
Period of report
Jan 7, 2015
Accepted (ET)
Jan 11, 2016 · 7:12 pm EST
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,F2 | Jan 7, 2016 | C | 625,467 | $0.00 | A | 868,553 | I | Jeffrey and Lori Greenberg Family Trust |
| Class A Common StockF1 | holding | — | — | — | 109,092 | I | Chloe July Greenberg 2009 Trust | |
| Class A Common StockF1 | holding | — | — | — | 109,092 | I | Catherine Elle Greenberg 2009 Trust | |
| Class A Common StockF1 | holding | — | — | — | 42,594 | I | Chloe July Greenberg 2004 Trust | |
| Class A Common StockF1 | holding | — | — | — | 42,594 | I | Catherine Elle Greenberg 2006 Trust |
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 StockF3,F4,F1 | — | Jan 7, 2016 | C | 625,467 | D | — | — | Class A Common Stock | 625,467 | 364,365 | I |
| Class B Common StockF3,F1,F5,F4 | — | holding | — | — | — | — | — | Class A Common Stock | 4,344 | 4,344 | I |
| Class B Common StockF3,F1,F4 | — | holding | — | — | — | — | — | Class A Common Stock | 162,768 | 162,768 | I |
| Class B Common StockF3,F1,F4 | — | holding | — | — | — | — | — | Class A Common Stock | 162,768 | 162,768 | I |
| Class B Common StockF3,F1,F4 | — | holding | — | — | — | — | — | Class A Common Stock | 32,376 | 32,376 | I |
| Class B Common StockF3,F1,F4 | — | holding | — | — | — | — | — | Class A Common Stock | 22,476 | 22,476 | I |
| Class B Common StockF3,F1,F4 | — | holding | — | — | — | — | — | Class A Common Stock | 109,428 | 109,428 | I |
| Class B Common StockF3,F1,F4 | — | holding | — | — | — | — | — | Class A Common Stock | 90,000 | 90,000 | I |
Explanation of responses
- F1On August 20, 2015, the Issuer's Board of Directors declared a 3-for-1 stock split to be effected in the form of a stock dividend, which was approved by the Issuer's stockholders on September 24, 2015. All holders of record of Class A common stock and/or Class B common stock on October 2, 2015 were issued two shares of Class A common stock for each outstanding share of Class A common stock and two shares of Class B common stock for each outstanding share of Class B common stock.
- F2Includes 379 shares and 107 shares acquired on June 30 and December 31, 2015 under the Issuer's Employee Stock Purchase Plan, respectively.
- F3Holders 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.
- F4Shares 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.
- F5Represents shares held by the Jeffrey and Lori Greenberg Family Trust (the "Trust") that were Mr. Greenberg's separate property, which he gifted to his wife as previously reported on an amended Form 4. Following such gift, these shares have remained in the Trust as his wife's separate property.