MICHAEL GREENBERG - 12 Jan 2023 Form 4 Insider Report for SKECHERS USA INC (SKX)

Role
President, Director
Signature
Michael Greenberg
Issuer symbol
SKX
Transactions as of
12 Jan 2023
Net transactions value
$0
Form type
4
Filing time
21 Feb 2023, 11:44:51 UTC
Previous filing
04 Jan 2023
Next filing
03 Mar 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SKX Class A Common Stock Gift $0 -3,200 -0.75% $0.000000 423,880 08 Feb 2023 Direct
transaction SKX Class A Common Stock Gift $0 -5,600 -1.3% $0.000000 418,280 08 Feb 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 Gift $0 +177,952 +28% $0.000000 822,507 23 Jan 2023 Class A Common Stock 177,952 Direct F1, F2
holding SKX Class B Common Stock 864,111 12 Jan 2023 Class A Common Stock 864,111 By Skechers Voting Trust F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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 immediately prior to any sale or transfer of such shares with certain exceptions.
F2 Represents shares held by The Michael Greenberg Trust, of which Michael Greenberg is sole beneficiary and trustee, and therefore Mr. Greenberg is deemed to own the securities directly.