SEC Form 4 · accession 0001246360-18-000763
Under Armour, Inc. · UA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Harvey Sanders
Director
Period of report
Feb 15, 2018
Accepted (ET)
Feb 20, 2018 · 4:42 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 C Common Stock | Feb 15, 2018 | M | 8,624 | $4.32 | A | 264,499 | D | |
| Class C Common Stock | Feb 15, 2018 | F | 2,252 | $16.54 | D | 262,247 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Director Stock Option (Right to Buy)F1 | $4.32 | Feb 15, 2018 | M | 8,624 | D | May 6, 2008 | May 5, 2018 | Class C Common Stock | 8,624 | 0 | D |
Explanation of responses
- F1This stock option was originally reported as an option to purchase 2,141 shares of Under Armour, Inc.'s Class A Common Stock at an exercise price of $35.03, and was later adjusted for two separate two-for-one stock splits completed in 2012 and 2014. As a result of the Class C Dividend, the option was further adjusted such that it now entitles the Reporting Person to exercise a portion of the option for 8,624 shares of Class C Common Stock, and the exercise price has been adjusted so that the portion of the option covering the Class A Common Stock now has an exercise price of $4.4094 and the portion of the option covering the Class C Common Stock has an exercise price of $4.32 per share.
- F2Represents shares withheld to cover the exercise price of the options exercised.
Remarks
Does not include Class A Common Stock held by the Reporting Person.