Filing Details

Accession Number:
0001209191-21-017007
Form Type:
4
Zero Holdings:
No
Publication Time:
2021-03-03 17:07:45
Reporting Period:
2021-03-01
Accepted Time:
2021-03-03 17:07:45
SEC Url:
Form 4 Filing
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
1242132 David Weinberg 228 Manhattan Beach Blvd.
Manhattan Beach CA 90266
Chief Operating Officer 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 50,000 $0.00 318,951 No 4 A Direct
Class A Common Stock Disposition 2021-03-03 100,000 $38.12 218,951 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 183,283 Direct
Footnotes
  1. 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.
  2. 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 50,000 shares (at "target" performance) that are eligible to vest based on the Issuer satisfying certain performance-based metrics over the next three years. 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 next three years.
  3. Shares held by The David Weinberg Trust dated September 7, 2000, of which David Weinberg is sole beneficiary and trustee, and therefore Mr. Weinberg is deemed to own the securities directly.