SEC Form 4 · accession 0001246360-19-000247
Under Armour, Inc. · UA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Douglas E Coltharp
Director
Period of report
Jan 22, 2019
Accepted (ET)
Jan 23, 2019 · 4:14 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 | Jan 22, 2019 | M | 12,330 | $3.02 | A | 112,282 | D | |
| Class C Common Stock | Jan 22, 2019 | F | 2,003 | $18.59 | D | 110,279 | D | |
| Class C Common Stock | holding | — | — | — | 503 | I | UTMA for Child | |
| Class C Common Stock | holding | — | — | — | 503 | I | UTMA for Child | |
| Class C Common Stock | holding | — | — | — | 75,532 | I | By Spouse |
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 | $3.02 | Jan 22, 2019 | M | 12,330 | D | May 5, 2009 | May 4, 2019 | Class C Common Stock | 12,330 | 0 | D |
Explanation of responses
- F1This stock option was originally reported as an option to purchase 3,061 shares of Under Armour, Inc.'s Class A Common Stock at an exercise price of $24.50, 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 12,330 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 $3.0839 and the portion of the option covering the Class C Common Stock has an exercise price of $3.02 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.