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Under Armour, Inc. — Director's Dealing 2025
May 20, 2025
31635_dirs_2025-05-19_90fc450a-1483-4026-bf7e-d550dc2ab406.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Under Armour, Inc. (UA)
CIK: 0001336917
Period of Report: 2025-05-15
Reporting Person: Plank Kevin A (Director, President and CEO, 10% Owner)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2025-05-15 | Class C Common Stock | F | 63031 | — | Disposed | 2297736 | Direct |
| 2025-05-15 | Class C Common Stock | A | 2000000 | — | Acquired | 4297736 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2025-05-15 | Employee Stock Option (Right to Buy) | $6.20 | A | 150000 | Acquired | 2035-05-15 | Class C Common Stock (150000) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Class C Common Stock | 654589 | Indirect |
| Class C Common Stock | 11250000 | Indirect |
| Class C Common Stock | 3107880 | Indirect |
| Class C Common Stock | 719722 | Indirect |
| Class C Common Stock | 1046123 | Indirect |
| Class B Common Stock | 24260624 | Indirect |
| Class B Common Stock | 5250000 | Indirect |
| Class B Common Stock | 3135976 | Indirect |
| Class B Common Stock | 739650 | Indirect |
| Class B Common Stock | 1063750 | Indirect |
| Class A Common Stock | 181608 | Indirect |
Footnotes
F1: The 2,000,000 restricted stock units are subject to both performance and time vesting conditions. The performance vesting condition requires, prior to March 31, 2029, the passing of 60 consecutive trading days on the New York Stock Exchange on which the average of the closing trading price of the Company's Class C Common Stock equals or exceeds $10.00. If the performance vesting condition is satisfied prior to March 31, 2029, the restricted stock units are subject to time vesting. If the performance vesting condition is not satisfied prior to March 31, 2029, the 2,000,000 restricted stock units will be forfeited.
F2: Includes 29,385 shares of Class C Common Stock previously held directly, which were transferred to KDP Holdings I LLC on February 20, 2025 and are now owned indirectly.
F3: Exercisable in four equal installments beginning May 15, 2026.