SEC Form 4 · accession 0001209191-16-104390
SKECHERS USA INC · SKX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David Weinberg
Officer — Chief Operating Officer · Director
Period of report
Feb 29, 2016
Accepted (ET)
Mar 2, 2016 · 4:01 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,F3 | Feb 29, 2016 | S | 30,000 | $33.0076 | D | 232,449 | D | |
| Class A Common StockF1 | Mar 2, 2016 | F | 20,821 | $33.54 | D | 114,179 | D | |
| Class A Common Stock | Mar 2, 2016 | S | 24,179 | $33.3597 | D | 90,000 | D |
Table II — derivative securities
No Table II lines on this filing.
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 452 shares acquired under the Issuer's Employee Stock Purchase Plan on June 30, 2015.
- F3Shares held by The David Weinberg Trust dated September 7, 2000, of which David Weinberg is sole beneficiary and trustee, and therefore Mr. Weinberg is deemed to own the securities directly.