SEC Form 4 · accession 0000914760-17-000018
JOHNSON OUTDOORS INC · JOUT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Leipold Helen P Johnson
Officer — Chairman of the Board & CEO · Director · 10% Owner
Period of report
Feb 7, 2017
Accepted (ET)
Feb 8, 2017 · 2:34 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000788329
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common StockF1,F2,F3 | Feb 7, 2017 | J | 316,564 | — | A | 903,465 | I | As settlor |
| Class A Common StockF4,F5 | holding | — | — | — | 250,872 | I | As trustee | |
| Class A Common StockF6 | holding | — | — | — | 307,392 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The reported transaction involved Ms. Johnson-Leipold's purchase of shares from a grantor retained annuity trust, for which the Ms. Johnson-Leipold's husband serves as investment fiduciary, in exchange for a promissory note. Ms. Johnson-Leipold was the beneficial owner of the purchased shares while they were held by the grantor retained annuity trust and Ms. Johnson-Leipold remains the beneficial owner of the shares following their purchase from the grantor retained annuity trust.
- F2The purchase price will be determined at a later date through an appraisal of the purchased common stock.
- F3Ms. Johnson-Leipold reports these shares as settlor and beneficiary of the Trusts, which beneficially own reported shares directly or indirectly as a shareholder of certain corporations and as the general partner of certain limited partnerships (collectively, the "Controlling Entities").
- F4Ms. Johnson-Leipold reports all shares held by certain corporations of which certain trusts (the "Trusts") may be deemed to be controlling shareholders. In addition, Ms. Johnson-Leipold reports all shares held by certain limited partnerships of which one of the Trusts is a general partner. Due to the nature of such limited partnerships, it is impractical to determine each Trust's or other trusts' proportionate interest (as defined by Rule 16a-1(a)(2)(ii)(B)) in such limited partnerships. Ms. Johnson-Leipold disclaims beneficial ownership in all shares held by the Controlling Entities in which she does not have a pecuniary interest.
- F5Helen P. Johnson-Leipold reports these shares as settlor of and beneficiary of the Trusts.
- F6Helen P. Johnson-Leipold reports direct ownership of these shares, which she holds (a) personally, (b) as the sole shareholder of a certain corporation that holds shares, and (c) as restricted stock awards.