SEC Form 4 · accession 0001246360-15-001174
Under Armour, Inc. · UA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Adam Peake
Officer — EVP of Global Marketing
Period of report
Feb 24, 2015
Accepted (ET)
Feb 25, 2015 · 4:28 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001336917
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common Stock | Feb 24, 2015 | M | 20,000 | $3.4275 | A | 95,580 | D | |
| Class A Common StockF2 | Feb 24, 2015 | S | 20,000 | $75.5669 | D | 75,580 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (Right to Buy)F1 | $3.4275 | Feb 24, 2015 | M | 20,000 | D | — | Mar 10, 2019 | Class A Common Stock | 20,000 | 25,000 | D |
Explanation of responses
- F1In 2009, the reporting person was granted an option to purchase shares of Common Stock, with vesting based on the Company achieving a certain combined operating income for 2009 and 2010. The Company achieved this vesting condition. Following this, the award is exercisable in two equal annual installments beginning February 15, 2011.
- F2This transaction was executed in multiple trades at prices ranging from $75.4869 to $75.65. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.