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