DECKERS OUTDOOR CORP — Director's Dealing 2016

Aug 18, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: DECKERS OUTDOOR CORP (DECK)
CIK: 0000910521
Period of Report: 2016-08-16

Reporting Person: MARTINEZ ANGEL R (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-08-16	Common Stock	M	100000	$26.73	Acquired	393636	Direct
2016-08-16	Common Stock	D	39234	$68.13	Disposed	354402	Direct
2016-08-16	Common Stock	F	31708	—	Disposed	322694	Direct
2016-08-17	Common Stock	S	29058	$67.61	Disposed	293636	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-08-16	Stock Appreciation Right	$26.73	M	100000	Disposed	2017-05-09	Common Stock (100000)	Direct

Footnotes

F1: Shares withheld and not issued to satisfy certain tax withholding obligations incident to the exercise on August 16, 2016 of the Level 1 Stock Appreciation Rights.

F2: These shares were sold in multiple transactions with a price per share ranging from $67.50 to $67.78. 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.