0001179110-17-009128.txt : 20170615
0001179110-17-009128.hdr.sgml : 20170615
20170615195627
ACCESSION NUMBER: 0001179110-17-009128
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20170613
FILED AS OF DATE: 20170615
DATE AS OF CHANGE: 20170615
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: DECKERS OUTDOOR CORP
CENTRAL INDEX KEY: 0000910521
STANDARD INDUSTRIAL CLASSIFICATION: RUBBER & PLASTICS FOOTWEAR [3021]
IRS NUMBER: 953015862
STATE OF INCORPORATION: DE
FISCAL YEAR END: 0331
BUSINESS ADDRESS:
STREET 1: 250 COROMAR DRIVE
CITY: GOLETA
STATE: CA
ZIP: 93117
BUSINESS PHONE: 8059677611
MAIL ADDRESS:
STREET 1: 250 COROMAR DRIVE
CITY: GOLETA
STATE: CA
ZIP: 93117
FORMER COMPANY:
FORMER CONFORMED NAME: DECKERS FOOTWEAR CORP
DATE OF NAME CHANGE: 19930811
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: GEORGE THOMAS
CENTRAL INDEX KEY: 0001251464
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-36436
FILM NUMBER: 17914638
4
1
edgar.xml
FORM 4 -
X0306
4
2017-06-13
0
0000910521
DECKERS OUTDOOR CORP
DECK
0001251464
GEORGE THOMAS
250 COROMAR DRIVE
GOLETA
CA
93117
0
1
0
0
CFO
Common Stock (Time-Based RSUs)
2017-06-13
4
A
0
2453
0
A
46912
D
Common Stock (Performance-Based RSUs)
2017-06-13
4
A
0
2453
0
A
49365
D
Performance Stock Option (Right to Buy)
69.29
2017-06-13
4
A
0
20376
0
A
Common Stock
20376
20376
D
The Time-Based RSUs were granted pursuant to the Issuer's 2015 Stock Incentive Plan. The Time-Based RSUs vest as to 33.33% of the underlying shares on 8/15/2018, 33.33% on 8/15/2019 and 33.34% on 8/15/2020, subject to the satisfaction of continuous service requirements. At the time that continuous service requirements cease to be met, no further vesting will occur and the remaining Time-Based RSUs will not be earned. The Time-Based RSUs will be settled in the Issuer's common stock upon satisfaction of the vesting conditions.
The Performance-Based RSUs were granted pursuant to the Issuer's 2015 Stock Incentive Plan. The Performance-Based RSUs may vest subject to the Issuer's achievement of a pre-established "Earnings Per Share" target for the fiscal year ending March 31, 2018. If the performance target is met, the Performance-Based RSUs will then vest as to 33.33% of the underlying shares of 8/15/2018, 33.33% on 8/15/2019 and 33.34% on 8/15/2020. If the performance target is not met, no vesting will occur and the Performance-Based RSUs will be cancelled. The Performance-Based RSUs will be settled in the Issuer's common stock upon satisfaction of the vesting conditions.
The Performance Stock Options were granted as non-qualified stock options pursuant to the Issuer's 2015 Stock Incentive Plan. The Performance Stock Options vest subject to the Issuer's achievement of a pre-established "Pre-Tax Income" target for the fiscal year ending March 31, 2020. If the performance target is not met, no vesting will occur and the Performance Stock Options will be cancelled. The Performance Stock Options will be exercisable for the Issuer's common stock upon satisfaction of the vesting conditions.
The Performance Stock Options will expire on June 13, 2024, subject to earlier expiration as described in the Performance Stock Option Agreement.
/s/ Lisa Bereda for Thomas George as Attorney in Fact
2017-06-14