Filing Details

Accession Number:
0001181431-11-042692
Form Type:
4
Zero Holdings:
No
Publication Time:
2011-07-27 19:46:01
Reporting Period:
2011-07-25
Filing Date:
2011-07-27
Accepted Time:
2011-07-27 19:46:01
SEC Url:
Form 4 Filing
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
1522008 Greg Warnock C/O Skullcandy, Inc.
1441 West Ute Boulevard, Suite 250
Park City UT 84098
Yes No 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
Common Stock Acquisiton 2011-07-25 34,790 $0.00 163,296 No 4 C Direct
Common Stock Disposition 2011-07-25 20,446 $18.60 142,850 No 4 S Direct
Common Stock Acquisiton 2011-07-25 324,982 $0.00 405,272 No 4 C Indirect By Mercato QP
Common Stock Acquisiton 2011-07-25 150,458 $0.00 555,730 No 4 C Indirect By Mercato QP
Common Stock Disposition 2011-07-25 161,435 $18.60 394,295 No 4 S Indirect By Mercato QP
Common Stock Acquisiton 2011-07-25 589,316 $0.00 734,874 No 4 C Indirect By Mercato LP
Common Stock Acquisiton 2011-07-25 272,832 $0.00 1,007,706 No 4 C Indirect By Mercato LP
Common Stock Disposition 2011-07-25 292,745 $18.60 714,961 No 4 S Indirect By Mercato LP
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 C Direct
No 4 S Direct
No 4 C Indirect By Mercato QP
No 4 C Indirect By Mercato QP
No 4 S Indirect By Mercato QP
No 4 C Indirect By Mercato LP
No 4 C Indirect By Mercato LP
No 4 S Indirect By Mercato LP
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Series A Preferred Stock Disposition 2011-07-25 34,790 $0.00 34,790 $0.00
Common Stock Stock Option (Right to Buy) Acquisiton 2011-07-27 28,000 $0.00 28,000 $19.99
Common Stock Series A Preferred Stock Disposition 2011-07-25 324,982 $0.00 324,982 $0.00
Common Stock Series B Preferred Stock Disposition 2011-07-25 150,458 $0.00 150,458 $0.00
Common Stock Series A Preferred Stock Disposition 2011-07-25 589,316 $0.00 589,316 $0.00
Common Stock Series B Preferred Stock Disposition 2011-07-25 272,832 $0.00 272,832 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 No 4 C Direct
28,000 2021-07-27 No 4 A Direct
0 No 4 C Indirect
0 No 4 C Indirect
0 No 4 C Indirect
0 No 4 C Indirect
Footnotes
  1. Represents shares held by Mercato Partners QP, L.P. ("Mercato QP").
  2. Represents shares held by Mercato Partners L.P. ("Mercato LP").
  3. The Series A Preferred Stock and Series B Preferred Stock (collectively, the "Preferred Stock") converted into the Issuers common stock on a one for one basis upon the closing of the Issuer's initial public offering and had no expiration date.
  4. The Reporting Person is a director of the Issuer. The Reporting Person and Alan Hall are managing directors of Mercato LP and Mercato QP, and have voting and dispositive power of the common stock held by Mercato QP and Mercato LP (reported on Table I) and the Preferred Stock held by Mercato QP and Mercato LP (reported on Table II). Mercato Partners, LLC (Mercato LLC") is the general partner of Mercato QP and Mercato LP. Messrs. Warnock and Hall disclaim beneficial ownership of the shares held by Mercato QP and Mercato LP except to the extent of their pecuniary interests therein.
  5. The option vests (i) with respect to 33% of the shares underlying the option, on July 27, 2012; and (ii) with respect to the remaining 67% of the shares underlying the option, in twenty-four substantially equal installments on each monthly anniversary thereafter.
  6. Represents the public offering price of $20.00 per common share less the underwriter's discount of $1.40 per common share.