4//SEC Filing
WARNOCK GREG 4
Accession 0001181431-12-044693
CIK 0001423542other
Filed
Aug 8, 8:00 PM ET
Accepted
Aug 9, 4:18 PM ET
Size
10.0 KB
Accession
0001181431-12-044693
Insider Transaction Report
Form 4
SKULLCANDY, INC.SKUL
WARNOCK GREG
Director
Transactions
- Sale
COMMON STOCK
2012-08-07$15.59/sh−221,859$3,459,070→ 0 total(indirect: By LLC) - Sale
COMMON STOCK
2012-08-07$15.55/sh−7,877$122,457→ 149,169 total - Other
COMMON STOCK
2012-08-07−8,863→ 221,859 total(indirect: By LLC)
Footnotes (4)
- [F1]The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $15.20 to $15.69, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission (the "SEC"), upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this Form 4.
- [F2]Reflects the amount of securities directly owned by the Reporting Person following the reported transaction and pro rata distribution (as noted in footnote 3) of 878,534 shares of the Issuer's common stock from Mercato Partners QP, L.P. ("Mercato QP") and Mercato Partners L.P. ("Mercato LP" and together with Mercato QP, the "Mercato Entities") to the Reporting Person in his capacity as a limited partner of the Mercato Entities.
- [F3]The Reporting Person is a managing director of the General Partner of the Mercato Entities and has voting and dispositive power over the shares of Issuer common stock held by the Mercato Entities. Mercato Partners, LLC (the "General Partner") is the general partner of the Mercato Entities and is owned 50% each by the Reporting Person and one other person. On August 7, 2012, the General Partner directed the distribution of the 1,109,256 shares of Issuer common stock held by the Mercato Entities, 878,534 of which were distributed to the limited partners of the Mercato Entities and 230,722 of which were distributed to the General Partner (as a return on capital and carried interest). Of these 230,772 shares, 221,859 shares were sold by the General Partner with 50% of the proceeds distributed to the Reporting Person, and the remaining 8,863 shares were distributed by the General Partner to certain individuals other than the Reporting Person as compensation for their past services.
- [F4]The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $15.20 to $15.91, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this Form 4.
Documents
Issuer
SKULLCANDY, INC.
CIK 0001423542
Entity typeother
Related Parties
1- filerCIK 0001522008
Filing Metadata
- Form type
- 4
- Filed
- Aug 8, 8:00 PM ET
- Accepted
- Aug 9, 4:18 PM ET
- Size
- 10.0 KB