DECKERS OUTDOOR CORP — Director's Dealing 2020

Nov 6, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: DECKERS OUTDOOR CORP (DECK)
CIK: 0000910521
Period of Report: 2020-11-03

Reporting Person: Fasching Steven J. (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-11-03	Common Stock	S	1000	$251.0178	Disposed	22057	Direct
2020-11-03	Common Stock	A	596	—	Acquired	22653	Direct
2020-11-04	Common Stock	S	1000	$257.5	Disposed	21653	Direct

Footnotes

F1: These shares were sold in multiple transactions ranging from $250.71-$251.715. 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.

F2: The Time-Based RSUs were granted pursuant to the Issuer's 2015 Stock Incentive Plan. The Time-Based RSUs vest as to 33.33% of the underlying shares on 8/15/2021, 33.33% on 8/15/2022, and 33.34% on 8/15/2023, subject to the satisfaction of continuous service requirements. At the time that continuous service requirements cease to be met, no further vesting will occur and the remaining Time-Based RSUs will not be earned. The Time-Based RSUs will be settled in the Issuer's common stock upon satisfaction of the vesting conditions.

F3: These shares were sold in multiple transactions ranging from $255.00-$260.00. 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.