Sec Form 4 Filing - GREENBERG JEFFREY @ SKECHERS USA INC - 2019-11-18

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
GREENBERG JEFFREY
2. Issuer Name and Ticker or Trading Symbol
SKECHERS USA INC [ SKX]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director _____ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last) (First) (Middle)
228 MANHATTAN BEACH BLVD.
3. Date of Earliest Transaction (MM/DD/YY)
11/18/2019
(Street)
MANHATTAN BEACH, CA90266
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Class A Common Stock 11/18/2019 S( 1 ) 10,000 D $ 41 395,220.613 I Jeffrey and Lori Greenberg Family Trust
Class A Common Stock 11/18/2019 C 3,076 A $ 0 3,076 ( 2 ) I Chloe 2009 LLC
Class A Common Stock 11/18/2019 S( 3 ) 3,076 D $ 41 0 ( 2 ) I Chloe 2009 LLC
Class A Common Stock 11/18/2019 C 3,076 A $ 0 3,076 ( 2 ) I Catherine 2009 LLC
Class A Common Stock 11/18/2019 S( 3 ) 3,076 D $ 41 0 ( 2 ) I Catherine 2009 LLC
Class A Common Stock 35,994 I Chloe July Greenberg 2004 Trust
Class A Common Stock 35,994 I Catherine Elle Greenberg 2006 Trust
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Class B Common Stock ( 4 ) ( 5 ) ( 5 ) ( 5 ) Class A Common Stock 864,111 864,111 I Skechers Voting Trust
Class B Common Stock ( 4 ) ( 5 ) ( 5 ) ( 5 ) Class A Common Stock 544,365 544,365 I Jeffrey and Lori Greenberg Family Trust
Class B Common Stock ( 4 ) ( 5 ) ( 5 ) ( 5 ) Class A Common Stock 4,344 4,344 ( 6 ) I Jeffrey and Lori Greenberg Family Trust
Class B Common Stock ( 4 ) ( 5 ) 11/18/2019 C 3,076 ( 5 ) ( 5 ) Class A Common Stock 3,076 $ 0 33,784 ( 2 ) I Chloe 2009 LLC
Class B Common Stock ( 4 ) ( 5 ) 11/18/2019 C 3,076 ( 5 ) ( 5 ) Class A Common Stock 3,076 $ 0 33,784 ( 2 ) I Catherine 2009 LLC
Class B Common Stock ( 4 ) ( 5 ) ( 5 ) ( 5 ) Class A Common Stock 32,376 32,376 I Chloe July Greenberg UTMA/CA
Class B Common Stock ( 4 ) ( 5 ) ( 5 ) ( 5 ) Class A Common Stock 22,476 22,476 I Catherine Elle Greenberg UTMA/CA
Class B Common Stock ( 4 ) ( 5 ) ( 5 ) ( 5 ) Class A Common Stock 109,428 109,428 I Chloe July Greenberg 2004 Trust
Class B Common Stock ( 4 ) ( 5 ) ( 5 ) ( 5 ) Class A Common Stock 90,000 90,000 I Catherine Elle Greenberg 2006 Trust
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
GREENBERG JEFFREY
228 MANHATTAN BEACH BLVD.
MANHATTAN BEACH, CA90266
X
Signatures
Jeffrey Greenberg 11/18/2019
Signature of Reporting Person Date
Explanation of Responses:
( 1 )These sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on July 26, 2019.
( 2 )The reporting person disclaims beneficial ownership of these securities and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for purposes of Section 16 or for any other purposes.
( 3 )These sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on July 29, 2019.
( 4 )Holders of Class A Common Stock and Class B Common Stock generally have identical rights, except that holders of Class A Common Stock are entitled to one vote per share while holders of Class B Common Stock are entitled to ten votes per share on matters to be voted on by shareholders.
( 5 )Shares of Class B Common Stock are convertible into Class A Common Stock on a one-for-one basis for no additional consideration at any time, with no expiration date, upon voluntary conversion by the holder of such shares or upon any sale or transfer of such shares with certain exceptions.
( 6 )Represents shares held by the Jeffrey and Lori Greenberg Family Trust (the "Trust") that were Mr. Greenberg's separate property, which he gifted to his wife as previously reported on an amended Form 4. Following such gift, these shares have remained in the Trust as his wife's separate property.

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