DECKERS OUTDOOR CORP — Director's Dealing 2011

Jan 3, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: DECKERS OUTDOOR CORP (DECK)
CIK: 0000910521
Period of Report: 2010-12-31

Reporting Person: Clark Colin Gavin (Senior VP of International)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-12-31	Common Stock	D	2100	—	Disposed	93900	Direct
2010-12-31	Common Stock	D	2400	$80.93	Disposed	91500	Direct

Footnotes

F1: Shares withheld and not issued to satisfy certain tax withholding obligations incident to the vesting on December 31, 2010 of one-fourth of the nonvested stock units granted on December 21, 2006 under Deckers Outdoor Corporation's 2006 Equity Incentive Plan.

F2: The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 Trading Plan adopted by the reporting person.