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Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1423542	Skullcandy Inc.	SKUL	Household Audio & Video Equipment (3651)	562362196

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1525946	Ptarmagin, Llc	69 White Pine Canyon Road Park City UT 84060		No	No	Yes	No
1525949	Trust Irrevocable Alden	C/O Skullcandy, Inc. 1441 West Ute Boulevard, Suite 250 Park City UT 84098		No	No	Yes	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Disposition	2012-10-16	26,000	$12.62	6,735,050	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Direct

Footnotes

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $12.50 to $13.00, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
Represents shares held by Ptarmagin, LLC ("Ptarmagin"). The sole member of Ptarmagin is The Alden Irrevocable Trust (the "Alden Trust"). The spouse and children of Rick Alden, a director of the Issuer, are the beneficiaries of the Alden Trust. Michael R. Cahill serves as the manager of Ptarmagin and trustee of the Alden Trust and holds voting and dispositive power of the securities reported herein, but has no pecuniary interest in such shares.
The sale was effected pursuant to a Rule 10b5-1 trading plan entered into by the Reporting Person on September 13, 2012.