ROBERT GREENBERG - 15 Mar 2024 Form 4/A - Amendment Insider Report for SKECHERS USA INC (SKX)

Signature
Robert Greenberg
Issuer symbol
SKX
Transactions as of
15 Mar 2024
Net transactions value
$0
Form type
4/A - Amendment
Filing time
06 Jan 2025, 19:14:18 UTC
Date Of Original Report
18 Mar 2024
Previous filing
18 Mar 2024
Next filing
26 Apr 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SKX Class A Common Stock Award $0 +59,650 +45% $0.000000 192,433 15 Mar 2024 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 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 59,650 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 next three years.
F3 Shares directly held by Mr. Greenberg were over-reported by 1,900 shares on past Section 16 filings due to a clerical error, so this amount has been reduced by reduced by 1,900 shares on this form 4. No dispositions occurred or are otherwise being reported on this line item at this time.