SEC Form 4/A · accession 0001209191-16-117568
SKECHERS USA INC · SKX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
This is an amendment (Form 4/A). It replaces an earlier filing for the same period.
Reporting owner
Jeffrey Greenberg
Director
Period of report
May 2, 2016
Accepted (ET)
May 4, 2016 · 6:58 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 | S | 10,000 | $33.5534 | D | 858,553 | I | Jeffrey and Lori Greenberg Family Trust |
| Class A Common StockF1 | holding | — | — | — | 868,553 | I | Jeffrey and Lori Greenberg Family 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,F1,F3 | — | holding | — | — | — | — | — | Class A Common Stock | 364,365 | 364,365 | I |
Explanation of responses
- F1Based on a misunderstanding with Mr. Greenberg's broker, there was no conversion of 10,000 shares of Class B Common Stock to Class A Common Stock, as originally reported, prior to the reported sale of 10,000 shares of Class A Common Stock.
- 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.