SEC Form 4 · accession 0001209191-16-111425
SKECHERS USA INC · SKX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Morton D Erlich
Director
Period of report
Mar 30, 2016
Accepted (ET)
Apr 1, 2016 · 3:45 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,F2 | Mar 30, 2016 | A | 4,000 | $0.00 | A | 17,500 | D | |
| Class A Common StockF2 | holding | — | — | — | 19,500 | I | By The Erlich Family Trust |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Award of restricted shares of Class A Common Stock, with half of the shares vesting on May 1, 2019 and the other half vesting on May 1, 2020.
- F2On 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.