David Powers - Jul 1, 2021 Form 4 Insider Report for DECKERS OUTDOOR CORP (DECK)

Role
President & CEO, Director
Signature
/s/ Thomas Garcia for David Powers as Attorney in Fact
Stock symbol
DECK
Transactions as of
Jul 1, 2021
Transactions value $
$0
Form type
4
Date filed
7/6/2021, 04:05 PM
Previous filing
May 27, 2021
Next filing
Jul 13, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DECK Common Stock Award $0 +8.21K +10.62% $0.00 85.5K Jul 1, 2021 Direct F1
transaction DECK Common Stock (Long-Term Incentive Performance-Based RSUs) Award $0 +22.2K +25.98% $0.00 108K Jul 1, 2021 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Time-Based Restricted Stock Units (the Time-Based RSUs) were granted pursuant to the Issuer's 2015 Stock Incentive Plan. The Time-Based RSUs vest as to 33.33% of the underlying shares on 8/15/2022, 33.33% on 8/15/2023, and 33.34% on 8/15/2024, subject to the satisfaction of continuous service requirements. At the time that continuous service requirements cease to be met, no further vesting will occur and the remaining Time-Based RSUs will not be earned. The Time-Based RSUs will be settled in the Issuer's common stock upon satisfaction of the vesting conditions.
F2 Refer to Exhibit 99 for additional information.
F3 The amounts listed are the maximum number of LTIP Performance RSUs that may vest.