DECKERS OUTDOOR CORP — Director's Dealing 2014

Aug 13, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: DECKERS OUTDOOR CORP (DECK)
CIK: 0000910521
Period of Report: 2014-08-11

Reporting Person: WORLEY PETER K (President Deckers Asia Pacific)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-08-11	Common Stock	M	15000	$26.73	Acquired	110165	Direct
2014-08-11	Common Stock	D	4234	$94.70	Disposed	105931	Direct
2014-08-11	Common Stock	F	5829	—	Disposed	100102	Direct
2014-08-11	Common Stock	S	4937	$93.29	Disposed	95165	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-08-11	Stock Appreciation Right	$26.73	M	15000	Disposed	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 August 11, 2014 of the Level 1 Stock Appreciation Rights.

F2: These shares were sold in multiple transactions ranging from $93.28 to $93.36. 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 sells reported on this Form 4.