SEC Form 4 · accession 0001209191-16-116923
SKECHERS USA INC · SKX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).
Reporting owner
Jeffrey Greenberg
Director
Period of report
May 2, 2016
Accepted (ET)
May 3, 2016 · 1:36 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 Stock | May 2, 2016 | C | 10,000 | $0.00 | A | 878,553 | I | Jeffrey and Lori Greenberg Family Trust |
| Class A Common Stock | May 2, 2016 | S | 10,000 | $33.5534 | D | 868,553 | I | Jeffrey and Lori Greenberg Family Trust |
| Class A Common Stock | holding | — | — | — | 109,092 | I | Chloe July Greenberg 2009 Trust | |
| Class A Common Stock | holding | — | — | — | 109,092 | I | Catherine Elle Greenberg 2009 Trust | |
| Class A Common Stock | holding | — | — | — | 42,594 | I | Chloe July Greenberg 2004 Trust | |
| Class A Common Stock | 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 StockF2,F3 | — | May 2, 2016 | C | 10,000 | D | — | — | Class A Common Stock | 10,000 | 354,365 | I |
| Class B Common StockF2,F4,F3 | — | holding | — | — | — | — | — | Class A Common Stock | 4,344 | 4,344 | I |
| Class B Common StockF2,F3 | — | holding | — | — | — | — | — | Class A Common Stock | 162,768 | 162,768 | I |
| Class B Common StockF2,F3 | — | holding | — | — | — | — | — | Class A Common Stock | 162,768 | 162,768 | I |
| Class B Common StockF2,F3 | — | holding | — | — | — | — | — | Class A Common Stock | 32,376 | 32,376 | I |
| Class B Common StockF2,F3 | — | holding | — | — | — | — | — | Class A Common Stock | 22,476 | 22,476 | I |
| Class B Common StockF2,F3 | — | holding | — | — | — | — | — | Class A Common Stock | 109,428 | 109,428 | I |
| Class B Common StockF2,F3 | — | holding | — | — | — | — | — | Class A Common Stock | 90,000 | 90,000 | I |
Explanation of responses
- F1The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 22, 2016.
- 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.
- F4Represents 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.