0001593968-23-001229.txt : 20230817
0001593968-23-001229.hdr.sgml : 20230817
20230817191747
ACCESSION NUMBER: 0001593968-23-001229
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 2
CONFORMED PERIOD OF REPORT: 20230815
FILED AS OF DATE: 20230817
DATE AS OF CHANGE: 20230817
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Stefano Caroti
CENTRAL INDEX KEY: 0001657833
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-36436
FILM NUMBER: 231183396
MAIL ADDRESS:
STREET 1: 250 COROMAR DRIVE
CITY: GOLETA
STATE: CA
ZIP: 93117
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
4
1
primary_01.xml
PRIMARY DOCUMENT
X0508
4
2023-08-15
0000910521
DECKERS OUTDOOR CORP
DECK
0001657833
Stefano Caroti
250 COROMAR DRIVE
GOLETA
CA
93117
true
Chief Commercial Officer
false
Common Stock
2023-08-15
4
F
false
1334
0
D
43808
D
Common Stock
2023-08-15
4
A
false
1442
0
A
45250
D
Common Stock (Long-Term Incentive Performance-Based RSUs)
2023-08-15
4
A
false
3786
0
A
49036
D
These shares have been withheld and not issued to the Reporting Person in order to satisfy certain tax withholding obligations incident to the vesting on August 15, 2023 of one-third of the restricted stock units previously granted to the Reporting Person on June 22, 2020, November 3, 2020, July 1, 2021, February 8, 2022, and August 15, 2022 pursuant to the Deckers Outdoor Corporation 2015 Stock Incentive Plan.
The Time-Based Restricted Stock Units (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 8/15/2024, 33.33% on 8/15/2025, and 33.34% on 8/15/2026, 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.
Refer to Exhibit 99 for additional information.
The amounts listed are the maximum number of LTIP Performance RSUs that may vest.
/s/ Lisa Bereda for Stefano Caroti as Attorney in Fact
2023-08-17
EX-99
2
exhibit99.txt
EX-99 DOCUMENT
The Long-Term Incentive Performance-Based Restricted Stock Units (the LTIP
Performance RSUs) were granted pursuant to the Issuer's 2015 Stock
Incentive Plan, as amended, and a related award agreement. The LTIP
Performance RSUs may vest subject to the Issuer's achievement with respect
to pre-established pre-tax income and revenue targets for each of the
fiscal years ending March 31, 2024, March 31, 2025, and March 31, 2026, and
subject to modification based on total shareholder return (the Performance
Criteria). The award has a cliff vesting date of March 31, 2026. The number
of LTIP Performance RSUs that will vest on March 31, 2026 will be
determined based on the Issuer's level of achievement with respect to the
Performance Criteria. If the Performance Criteria are not achieved at the
threshold level, no vesting will occur and the LTIP Performance RSUs will
be cancelled. The LTIP Performance RSUs will be settled in the Issuer's
common stock upon satisfaction of the Performance Criteria and the cliff
vesting date.