SEC Form 4 · accession 0001209191-18-018440
SKECHERS USA INC · SKX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gil Schwartzberg
10% Owner
Period of report
Mar 9, 2018
Accepted (ET)
Mar 9, 2018 · 3:18 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001065837
Table I — non-derivative securities
No Table I lines on this filing.
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 StockF1,F2,F3 | — | Mar 9, 2018 | G | 540,000 | D | — | — | Class A Common Stock | 540,000 | 1,073,856 | I |
| Class B Common StockF1,F2,F3 | — | Mar 9, 2018 | G | 540,000 | D | — | — | Class A Common Stock | 540,000 | 1,073,856 | I |
Explanation of responses
- F1Holders 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.
- F2Shares 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.
- F3The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.