Sabrina Simmons - May 1, 2023 Form 4 Insider Report for COLUMBIA SPORTSWEAR CO (COLM)

Role
Director
Signature
Christina A. Mecklenborg, Attorney-in-Fact
Stock symbol
COLM
Transactions as of
May 1, 2023
Transactions value $
-$81,035
Form type
4
Date filed
5/3/2023, 07:25 PM
Previous filing
Jul 1, 2022
Next filing
May 19, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction COLM Common Stock Options Exercise +1.96K +49.96% 5.9K May 1, 2023 Direct F1
transaction COLM Common Stock Sale -$81K -982 -16.66% $82.52 4.91K May 2, 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 -1.96K -100% $0.00* 0 May 1, 2023 Common Stock 1.96K 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.