SEC FORM 3

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Rauch Peter M

(Last)

(First)

(Middle)

C/O COLUMBIA SPORTSWEAR COMPANY

14375 NW SCIENCE PARK DRIVE

(Street)

PORTLAND

97229

(City)

(State)

(Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
03/01/2020

3. Issuer Name and Ticker or Trading Symbol
COLUMBIA SPORTSWEAR CO [ COLM ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	SVP, Asia Direct

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	1,375	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
1. Title of Derivative Security (Instr. 4)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
Employee Stock Option (right to buy)	⁽¹⁾	07/20/2026	Common Stock	908	$60.49	D
Employee Stock Option (right to buy)	⁽²⁾	01/25/2027	Common Stock	1,953	$55.53	D
Employee Stock Option (right to buy)	⁽³⁾	07/19/2027	Common Stock	2,532	$57.95	D
Employee Stock Option (right to buy)	⁽⁴⁾	01/24/2028	Common Stock	6,063	$74.59	D
Employee Stock Option (right to buy)	⁽⁵⁾	01/23/2029	Common Stock	5,590	$86.42	D
Employee Stock Option (right to buy)	⁽⁶⁾	01/22/2030	Common Stock	7,305	$95.71	D
Restricted Stock Units	⁽⁷⁾	⁽⁸⁾	Common Stock	108	⁽⁹⁾	D
Restricted Stock Units	⁽¹⁰⁾	⁽⁸⁾	Common Stock	237	⁽⁹⁾	D
Restricted Stock Units	⁽¹¹⁾	⁽⁸⁾	Common Stock	408	⁽⁹⁾	D
Restricted Stock Units	⁽¹²⁾	⁽⁸⁾	Common Stock	422	⁽⁹⁾	D
Restricted Stock Units	⁽¹³⁾	⁽⁸⁾	Common Stock	572	⁽⁹⁾	D
Restricted Stock Units	⁽¹⁴⁾	⁽⁸⁾	Common Stock	708	⁽⁹⁾	D

Explanation of Responses:

1. On 7/21/2016 the reporting person was granted 1,816 stock options. The option grant vests over 4 years with 25% becoming exercisable on each anniversary of the grant date.

2. On 1/26/2017 the reporting person was granted 3,907 stock options. The option grant vests over 4 years with 25% becoming exercisable on each anniversary of the grant date.

3. On 7/20/2017 the reporting person was granted 3,376 stock options. The option grant vests over 4 years with 25% becoming exercisable on each anniversary of the grant date.

4. On 1/25/2018 the reporting person was granted 6,063 stock options. The option grant vests over 4 years with 25% becoming exercisable on each anniversary of the grant date.

5. On 1/24/2019 the reporting person was granted 5,590 stock options. The option grant vests over 4 years with 25% becoming exercisable on each anniversary of the grant date.

6. On 1/23/2020 the reporting person was granted 7,305 stock options. The option grant vests over 4 years with 25% becoming exercisable on each anniversary of the grant date.

7. On 7/21/2016 the reporting person was granted 433 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.

8. N/A

9. Each restricted stock unit represents a right to receive one share of COLM common stock.

10. On 1/26/2017 the reporting person was granted 949 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.

11. On 7/20/2017 the reporting person was granted 817 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.

12. On 1/25/2018 the reporting person was granted 844 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.

13. On 1/24/2019 the reporting person was granted 763 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.

14. On 1/23/2020 the reporting person was granted 708 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.

Remarks:

	Peter M. Rauch	03/10/2020
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.