DECKERS OUTDOOR CORP — Director's Dealing 2017

May 9, 2017

SEC Form 4/A — Form 4/A

Issuer: DECKERS OUTDOOR CORP (DECK)
CIK: 0000910521
Period of Report: 2017-03-31

Reporting Person: Powers David (Director, President & CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-03-31	Common Stock	F	595	$59.73	Disposed	79082	Direct

Footnotes

F1: These shares have been withheld and not issued to the Reporting person in order to satisfy certain tax withholding obligations incident to the vesting on March 31, 2017 of one-third of the restricted stock units previously granted to the Reporting Person on June 27, 2014 pursuant to the Deckers Outdoor Corporation 2006 Equity Incentive Plan (the "2006 Plan"). Pursuant to the terms of the 2006 Plan, these shares will become immediately available for issuance pursuant to the Deckers Outdoor Corporation 2015 Stock Incentive Plan.

F2: Includes 125 shares acquired under the Deckers Outdoor Corporation 2015 Employee Stock Purchase Plan on February 28, 2017.

F3: Reflects additional reversal of unearned long-term performance-based awards granted in 2015 and cancellation of unearned performance-based awards in the fiscal year ended March 31, 2017, both of which were previously reported as being received, as well as deductions of vested share amounts as a result of clerical error.