0001209191-24-004865.txt : 20240315 0001209191-24-004865.hdr.sgml : 20240315 20240315184916 ACCESSION NUMBER: 0001209191-24-004865 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20240314 FILED AS OF DATE: 20240315 DATE AS OF CHANGE: 20240315 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: WEINBERG DAVID CENTRAL INDEX KEY: 0001242132 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-14429 FILM NUMBER: 24756435 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: SKECHERS USA INC CENTRAL INDEX KEY: 0001065837 STANDARD INDUSTRIAL CLASSIFICATION: FOOTWEAR, (NO RUBBER) [3140] ORGANIZATION NAME: 04 Manufacturing IRS NUMBER: 954376145 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 228 MANHATTAN BEACH BLVD CITY: MANHATTAN BEACH STATE: CA ZIP: 90266 BUSINESS PHONE: 3103183100 MAIL ADDRESS: STREET 1: 228 MANHATTAN BEACH BLVD CITY: MANHATTAN BEACH STATE: CA ZIP: 90266 4 1 doc4.xml FORM 4 SUBMISSION X0508 4 2024-03-14 0 0001065837 SKECHERS USA INC SKX 0001242132 WEINBERG DAVID 228 MANHATTAN BEACH BLVD. MANHATTAN BEACH CA 90266 1 1 0 0 Chief Operating Officer 0 Class A Common Stock 2024-03-14 4 A 0 41010 0.00 A 140665 D Class A Common Stock 2024-03-14 4 F 0 20784 61.42 D 119881 D Class A Common Stock 2024-03-15 4 S 0 20226 61.11 D 99655 D Class A Common Stock 2024-03-15 4 A 0 38800 0.00 A 138455 D Class A Common Stock 178708.27 D Represents shares that vested and were issued under the performance-based stock awards granted on March 1, 2021, which were linked to the Issuer's total stock return over a three-year period. 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. 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 38,800 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. Shares held by The David Weinberg Trust dated September 7, 2000, of which David Weinberg is sole beneficiary and trustee, and therefore Mr. Weinberg is deemed to own the securities directly. David Weinberg 2024-03-15