Tim Sheerin - 22 Oct 2021 Form 3 Insider Report for COLUMBIA SPORTSWEAR CO (COLM)

Role
SVP, Global Wholesale
Signature
Tim Sheerin
Issuer symbol
COLM
Transactions as of
22 Oct 2021
Net transactions value
$0
Form type
3
Filing time
01 Nov 2021, 17:23:45 UTC
Next filing
31 Jan 2022
SEC
View on sec.gov

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
holding COLM Employee Stock Option (right to buy) 22 Oct 2021 Common Stock 9,749 $87.46 Direct F1
holding COLM Restricted Stock Units 22 Oct 2021 Common Stock 1,799 Direct F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On 1/29/21 the reporting person was granted 9,749 stock options. The option grant vests over 4 years with 25% becoming exercisable on each anniversary of the grant date.
F2 On 1/29/21 the reporting person was granted 1,799 restricted stock units, 25% of the restricted stock units vest annually (a) on the first anniverary of the first day of the first full calendar month following the award date (the "Initial Vest Date"), and (b) on each of the three subsequent anniversaries of the Initial Vest Date. Vested shares will be delivered to the reporting person on the designated vest dates. If a vesting date falls on a weekend or any other day on which the Nasdaq Stock Market ("NSM") or any national securities exchange on which the Common Stock then is principally traded (the "Exchange") is not open, affected RSUs shall vest on the next following NSM or Exchange business day, as the case may be.
F3 N/A
F4 Each restricted stock unit represents a right to receive one share of COLM common stock.