Michael Greenberg - Jan 12, 2023 Form 4 Insider Report for SKECHERS USA INC (SKX)

Role
President, Director
Signature
Michael Greenberg
Stock symbol
SKX
Transactions as of
Jan 12, 2023
Transactions value $
$0
Form type
4
Date filed
2/21/2023, 11:44 AM
Previous filing
Jan 4, 2023
Next filing
Mar 3, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SKX Class A Common Stock Gift $0 -3.2K -0.75% $0.00 424K Feb 8, 2023 Direct
transaction SKX Class A Common Stock Gift $0 -5.6K -1.32% $0.00 418K Feb 8, 2023 Direct

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 SKX Class B Common Stock Gift $0 +178K +27.61% $0.00 823K Jan 23, 2023 Class A Common Stock 178K Direct F1, F2
holding SKX Class B Common Stock 864K Jan 12, 2023 Class A Common Stock 864K By Skechers Voting Trust F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares of Class B Common Stock are convertible into Class A Common Stock on a one-for-one basis for no additional consideration at any time, with no expiration date, upon voluntary conversion by the holder of such shares or immediately prior to any sale or transfer of such shares with certain exceptions.
F2 Represents shares held by The Michael Greenberg Trust, of which Michael Greenberg is sole beneficiary and trustee, and therefore Mr. Greenberg is deemed to own the securities directly.