DECKERS OUTDOOR CORP — Director's Dealing 2013

Apr 12, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: DECKERS OUTDOOR CORP (DECK)
CIK: 0000910521
Period of Report: 2013-04-10

Reporting Person: RISHWAIN CONSTANCE (President UGG)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-04-10	Common Stock	M	15000	$26.73	Acquired	152632	Direct
2013-04-10	Common Stock	D	6852	$58.52	Disposed	145780	Direct
2013-04-10	Common Stock	F	3871	—	Disposed	141909	Direct
2013-04-11	Common Stock	S	4277	$59.32	Disposed	137632	Direct
2013-04-11	Common Stock	S	7662	$59.00	Disposed	129970	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2013-04-10	Stock Appreciation Right	$26.73	M	15000	Acquired	2017-05-09	Common Stock (15000)	Direct

Footnotes

F1: Shares withheld and not issued to satisfy certain tax withholding obligations incident to the exercise on April 10, 2013 of the Level 1 Stock Appreciation Rights.

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 exercise of the level 1 Stock Appreciation Rights reported in this Form 4 were effected pursuant to a Rule 10B5-1 Trading Plan adopted by the reporting person.