DECKERS OUTDOOR CORP — Director's Dealing 2023

Aug 18, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: DECKERS OUTDOOR CORP (DECK)
CIK: 0000910521
Period of Report: 2023-08-15

Reporting Person: Garcia Thomas (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-08-15	Common Stock	F	490	—	Disposed	13813	Direct
2023-08-15	Common Stock	A	721	—	Acquired	14534	Direct
2023-08-15	Common Stock (Long-Term Incentive Performance-Based RSUs)	A	1892	—	Acquired	16426	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 August 15, 2023 of one-third of the restricted stock units previously granted to the Reporting Person on June 22, 2020, November 3, 2020, July 1, 2021, and August 15, 2022 pursuant to the Deckers Outdoor Corporation 2015 Stock Incentive Plan.

F2: The Time-Based Restricted Stock Units (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 8/15/2024, 33.33% on 8/15/2025, and 33.34% on 8/15/2026, 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: Refer to Exhibit 99 for additional information.

F4: The amounts listed are the maximum number of LTIP Performance RSUs that may vest.