Home > Insider Trading > Filing (0001209191-21-016991)

Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1065837	Skechers Usa Inc	SKX	Footwear, (No Rubber) (3140)	954376145

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1105376	Michael Greenberg	228 Manhattan Beach Blvd. Manhattan Beach CA 90266	President	Yes	Yes	No	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Class A Common Stock	Acquisiton	2021-03-01	62,500	$0.00	407,413	No	4	A	Direct
Class A Common Stock	Disposition	2021-03-03	125,000	$38.12	282,413	No	4	S	Direct

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

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Class A Common Stock	28,305	Indirect	By Chase Greenberg Revocable Trust
Class A Common Stock	16,492	Indirect	By Custodial Account for MacKenna Greenberg
Class A Common Stock	9,984	Indirect	By Chase Greenberg 2003 Irrevocable Trust
Class A Common Stock	9,984	Indirect	By MacKenna Greenberg 2003 Irrevocable Trust

Footnotes

Award of restricted shares of Class A Common Stock, with one-fourth of the shares vesting on each of March 1, 2022 and the first three anniversaries thereof.
In addition to the shares reported on this Form 4 that vest based on time and continued service with the Issuer, the reporting person also received a performance-based award consisting of an additional 62,500 shares (at "target" performance) that are eligible to vest based on the Issuer satisfying certain performance-based metrics over three years commencing January 1, 2022. The reporting person may earn between 0% and 200% of the "target" number of shares based on performance relative to the performance objectives during the applicable performance period. The exact number of shares that will be earned based on this performance-based vesting, if any, will be calculated and reported as they vest and the number of shares earned is determined over the three-year period.
The reporting person disclaims beneficial ownership of these securities and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for purposes of Section 16 or for any other purposes.