Sabrina Simmons - 01 May 2023 Form 4 Insider Report for COLUMBIA SPORTSWEAR CO (COLM)

Role
Director
Signature
Christina A. Mecklenborg, Attorney-in-Fact
Issuer symbol
COLM
Transactions as of
01 May 2023
Net transactions value
-$81,035
Form type
4
Filing time
03 May 2023, 19:25:55 UTC
Previous filing
01 Jul 2022
Next filing
19 May 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction COLM Common Stock Options Exercise +1,964 +50% 5,895 01 May 2023 Direct F1
transaction COLM Common Stock Sale $81,035 -982 -17% $82.52 4,913 02 May 2023 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction COLM Restricted Stock Units Options Exercise $0 -1,964 -100% $0.000000* 0 01 May 2023 Common Stock 1,964 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Restricted stock units convert to common stock on a one-for-one basis.
F2 The reported transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on February 6, 2023.
F3 The restricted stock units fully vested on May 1, 2023.