DECKERS OUTDOOR CORP — Director's Dealing 2012

Jan 4, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: DECKERS OUTDOOR CORP (DECK)
CIK: 0000910521
Period of Report: 2011-12-30

Reporting Person: WORLEY PETER K (President of Teva and Simple)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-12-30	Common Stock	F	2100	—	Disposed	70189	Direct
2012-01-03	Common Stock	S	2400	$77.0879	Disposed	67789	Direct

Footnotes

F1: Shares withheld and not issued to satisfy certain tax withholding obligations incident to the vesting on December 30, 2011 of one-fourth of the nonvested stock units granted on February 27, 2008 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.

F3: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from 77.00 to 77.83, inclusive. The reporting person undertakes to provide to Deckers Outdoor Corporation, any security holder of Deckers Outdoor Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth for the sales reported on this Form 4.