4//SEC Filing
GREENBERG ROBERT 4
Accession 0001193125-25-202297
CIK 0001065837other
Filed
Sep 11, 8:00 PM ET
Accepted
Sep 12, 4:46 PM ET
Size
15.5 KB
Accession
0001193125-25-202297
Insider Transaction Report
Form 4
GREENBERG ROBERT
DirectorChief Executive Officer10% Owner
Transactions
- Disposition to Issuer
Class A Common Stock
2025-09-12$63.00/sh−157,408$9,916,704→ 0 total - Disposition to Issuer
Class A Common Stock
2025-09-12−13,908→ 0 total(indirect: By Trust) - Deposit Into/Withdrawal From Voting Trust
Class B Common Stock
2025-09-12+8,500,000→ 12,755,986 total(indirect: By Trust)→ Class A Common Stock (8,500,000 underlying) - Disposition to Issuer
Class B Common Stock
2025-09-12−12,755,986→ 0 total(indirect: By Trust)→ Class A Common Stock (12,755,986 underlying)
GREENBERG M SUSAN
10% Owner
Transactions
- Deposit Into/Withdrawal From Voting Trust
Class B Common Stock
2025-09-12+8,500,000→ 12,755,986 total(indirect: By Trust)→ Class A Common Stock (8,500,000 underlying) - Disposition to Issuer
Class A Common Stock
2025-09-12$63.00/sh−157,408$9,916,704→ 0 total - Disposition to Issuer
Class A Common Stock
2025-09-12−13,908→ 0 total(indirect: By Trust) - Disposition to Issuer
Class B Common Stock
2025-09-12−12,755,986→ 0 total(indirect: By Trust)→ Class A Common Stock (12,755,986 underlying)
GREENBERG FAMILY TRUST
10% Owner
Transactions
- Disposition to Issuer
Class A Common Stock
2025-09-12$63.00/sh−157,408$9,916,704→ 0 total - Disposition to Issuer
Class A Common Stock
2025-09-12−13,908→ 0 total(indirect: By Trust) - Deposit Into/Withdrawal From Voting Trust
Class B Common Stock
2025-09-12+8,500,000→ 12,755,986 total(indirect: By Trust)→ Class A Common Stock (8,500,000 underlying) - Disposition to Issuer
Class B Common Stock
2025-09-12−12,755,986→ 0 total(indirect: By Trust)→ Class A Common Stock (12,755,986 underlying)
Footnotes (5)
- [F1]In accordance with the terms of the Merger Agreement dated May 2, 2025 (the "Merger Agreement") between the Issuer and a subsidiary of Beach Acquisition Co Parent, LLC ("Parent"), as described in the Schedule 14C Information Statement/Prospectus and Notice of Action by Written Consent filed by the Issuer with the Securities and Exchange Commission on August 5, 2025, these securities, comprised of unvested shares of restricted Class A Common Stock and shares of Class A Common Stock underlying unvested restricted stock units, were cancelled and exchanged for the Cash Merger Consideration of $63.00 per share.
- [F2]In accordance with the terms of the Merger Agreement, these securities were cancelled and exchanged for $57.00 plus one common limited liability company unit of Parent per share, in accordance with the elections made by the Reporting Person under the Merger Agreement.
- [F3]Holders of Class A Common Stock and Class B Common Stock generally have identical rights, except that holders of Class A Common Stock are entitled to one vote per share while holders of Class B Common Stock are entitled to ten votes per share on matters to be voted on by shareholders.
- [F4]Shares of Class B Common Stock are convertible into Class A Common Stock on a one-for-one basis for no additional consideration at any time, with no expiration date, upon voluntary conversion by the holder of such shares or upon any sale or transfer of such shares with certain exceptions.
- [F5]Represents the withdrawal by the Reporting Person of shares of Class B Common Stock from the Skechers Voting Trust. In connection with the consummation of the merger under the Merger Agreement, the Skechers Voting Trust no longer beneficially owns any shares of Class B Common Stock.
Documents
Issuer
SKECHERS USA INC
CIK 0001065837
Entity typeother
Related Parties
1- filerCIK 0001080904
Filing Metadata
- Form type
- 4
- Filed
- Sep 11, 8:00 PM ET
- Accepted
- Sep 12, 4:46 PM ET
- Size
- 15.5 KB