Jeffrey Greenberg - May 6, 2021 Form 4 Insider Report for SKECHERS USA INC (SKX)

Role
Director
Signature
Jeffrey Greenberg
Stock symbol
SKX
Transactions as of
May 6, 2021
Transactions value $
-$213,050
Form type
4
Date filed
5/10/2021, 06:41 PM
Next filing
Jun 1, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SKX Class A Common Stock Sale -$213K -4.34K -100% $49.04 0 May 6, 2021 Jeffrey and Lori Greenberg Family Trust F1
holding SKX Class A Common Stock 630 May 6, 2021 Direct
holding SKX Class A Common Stock 847K May 6, 2021 Jeffrey and Lori Greenberg Family Trust
holding SKX Class A Common Stock 127K May 6, 2021 Catherine Elle Greenberg 2006 Trust
holding SKX Class A Common Stock 146K May 6, 2021 Chloe July Greenberg 2004 Trust
holding SKX Class A Common Stock 33.8K May 6, 2021 Catherine 2009 LLC F2
holding SKX Class A Common Stock 33.8K May 6, 2021 Chloe 2009 LLC F2
holding SKX Class A Common Stock 22.5K May 6, 2021 Catherine Elle Greenberg UTMA/CA F2
holding SKX Class A Common Stock 32.4K May 6, 2021 Chloe July Greenberg UTMA/CA F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares held by the Jeffrey and Lori Greenberg Family Trust (the "Trust") that were Mr. Greenberg's separate property, which were previously reported on an amended Form 4 to have been gifted to his wife. Following such disclosure, these shares remained in the Trust and were disclosed on Mr. Greenberg's subsequent ownership reports as being his wife's separate property. However, Mr. Greenberg asserts that the reported gift was merely discussed with his financial advisors and never actually transacted, and as a result, the disclosure of the shares as his wife's separate property was an erroneous mischaracterization.
F2 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.