SEC Form 4 · accession 0001593968-18-001239
DECKERS OUTDOOR CORP · DECK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Caroti Stefano
Officer — President of Omni Channel
Period of report
Sep 19, 2018
Accepted (ET)
Sep 21, 2018 · 9:16 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000910521
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock (Long Term Incentive Performance-Based RSUs)F1 | Sep 19, 2018 | A | 8,234 | $0.00 | A | 26,002 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The Long Term Incentive Performance-Based RSUs (the LTIP Performance RSUs) were granted pursuant to the Issuers 2015 Stock Incentive Plan and a related award agreement. The LTIP Performance RSUs may vest subject to the Issuers achievement with respect to pre-established Pre-Tax Income and Revenue targets for the fiscal year ending March 31, 2021 (the Performance Criteria). The number of LTIP Performance RSUs that will vest on March 31, 2021 will be determined based on the Issuers level of achievement with respect to the Performance Criteria. If the Performance Criteria is not achieved at the threshold level, no vesting will occur and the LTIP Performance RSUs will be cancelled. The LTIP Performance RSUs will be settled in the Issuers common stock upon satisfaction of the Performance Criteria.