Robert Greenberg - Nov 29, 2023 Form 4 Insider Report for SKECHERS USA INC (SKX)

Role
Chief Executive Officer, Director, 10%+ Owner
Signature
Philip Paccione, Attorney-in-fact on behalf of Robert Greenberg
Stock symbol
SKX
Transactions as of
Nov 29, 2023
Transactions value $
-$11,745,030
Form type
4
Date filed
11/30/2023, 05:10 PM
Previous filing
Mar 14, 2023
Next filing
Jan 4, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SKX Class A Common Stock Conversion of derivative security $0 +100K +2608.24% $0.00 104K Nov 29, 2023 By Greenberg Family Trust F1
transaction SKX Class A Common Stock Sale -$5.87M -100K -96.31% $58.68 3.83K Nov 29, 2023 By Greenberg Family Trust
transaction SKX Class A Common Stock Conversion of derivative security $0 +100K +2608.24% $0.00 104K Nov 30, 2023 By Greenberg Family Trust F1
transaction SKX Class A Common Stock Sale -$5.88M -100K -96.31% $58.77 3.83K Nov 30, 2023 By Greenberg Family Trust
holding SKX Class A Common Stock 221K Nov 29, 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 Conversion of derivative security -100K -2.23% 4.38M Nov 29, 2023 Class A Common Stock 100K By Greenberg Family Trust F2
transaction SKX Class B Common Stock Conversion of derivative security -100K -2.29% 4.28M Nov 30, 2023 Class A Common Stock 100K By Greenberg Family Trust F2
holding SKX Class B Common Stock 13.7M Nov 29, 2023 Class A Common Stock 13.7M By Skechers Voting Trust F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each share of Class A Common Stock was issued upon conversion of one share of Class B Common Stock for no additional consideration.
F2 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 upon any sale or transfer of such shares with certain exceptions.