Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | SKX | Class A Common Stock | Award | $0 | +51.3K | +41.53% | $0.00 | 175K | Mar 14, 2024 | Direct | F1 |
transaction | SKX | Class A Common Stock | Tax liability | -$1.6M | -26K | -14.87% | $61.42 | 149K | Mar 14, 2024 | Direct | |
transaction | SKX | Class A Common Stock | Sale | -$1.54M | -25.3K | -17% | $61.11 | 123K | Mar 15, 2024 | Direct | |
transaction | SKX | Class A Common Stock | Award | $0 | +48.6K | +39.33% | $0.00 | 172K | Mar 15, 2024 | Direct | F2, F3 |
Id | Content |
---|---|
F1 | Represents shares that vested and were issued under the performance-based stock awards granted on March 1, 2021, which were linked to the Issuer's total stock return over a three-year period. |
F2 | Award of restricted shares of Class A Common Stock, with one-third of the shares vesting on each of March 1, 2025 and the first two anniversaries thereof. |
F3 | In addition to the shares reported on this Form 4 that vest based on time and continued service with the Issuer, the reporting person also received a performance-based award consisting of an additional 48,550 shares (at "target" performance) that are eligible to vest based on the Issuer satisfying certain performance-based metrics over the next three years. The reporting person may earn between 0% and 200% of the "target" number of shares based on performance relative to the performance objectives during the applicable performance period. The exact number of shares that will be earned based on this performance-based vesting, if any, will be calculated and reported as they vest and the number of shares earned is determined over the three-year period. |