0001181431-11-042686.txt : 20110727 0001181431-11-042686.hdr.sgml : 20110727 20110727194327 ACCESSION NUMBER: 0001181431-11-042686 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20110725 FILED AS OF DATE: 20110727 DATE AS OF CHANGE: 20110727 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: KEARL JEFF CENTRAL INDEX KEY: 0001521855 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-35240 FILM NUMBER: 11991336 MAIL ADDRESS: STREET 1: C/O SKULLCANDY, INC. STREET 2: 1441 WEST UTE BLVD., SUITE 250 CITY: PARK CITY STATE: UT ZIP: 84908 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: SKULLCANDY, INC. CENTRAL INDEX KEY: 0001423542 STANDARD INDUSTRIAL CLASSIFICATION: HOUSEHOLD AUDIO & VIDEO EQUIPMENT [3651] IRS NUMBER: 562362196 BUSINESS ADDRESS: STREET 1: 1441 West Ute Blvd STREET 2: SUITE 250 CITY: park City STATE: ut ZIP: 84098 BUSINESS PHONE: 435-940-1545 MAIL ADDRESS: STREET 1: 1441 West Ute Blvd STREET 2: SUITE 250 CITY: park City STATE: ut ZIP: 84098 FORMER COMPANY: FORMER CONFORMED NAME: Skullcandy Inc DATE OF NAME CHANGE: 20080110 4 1 rrd317902.xml KEARL F4 X0303 4 2011-07-25 0 0001423542 SKULLCANDY, INC. SKUL 0001521855 KEARL JEFF C/O SKULLCANDY, INC. 1441 WEST UTE BOULEVARD, SUITE 250 PARK CITY UT 84098 1 0 1 0 COMMON STOCK 2011-07-25 4 M 0 39620 .37 A 39620 D COMMON STOCK 2011-07-25 4 S 0 39620 18.60 D 0 D COMMON STOCK 2011-07-25 4 S 0 27560 18.60 D 790 I By Pura Vida COMMON STOCK 13650 I By Monarch Partners STOCK OPTION (RIGHT TO BUY) .37 2011-07-25 4 M 0 39260 .37 D 2017-08-27 COMMON STOCK 39620 45318 D STOCK OPTION (RIGHT TO BUY) 19.99 2011-07-27 4 A 0 28000 0.0 A 2021-07-27 COMMON STOCK 28000 28000 D The Reporting Person is the manager of Pura Vida Investment Capital ("Pura Vida") and holds voting and dispositive power of the shares and the options held by Pura Vida. The Reporting Person may be deemed to indirectly beneficially own the shares and options held by Pura Vida, but disclaims beneficial ownership of such shares and options except to extent of his pecuniary interest therein. The Reporting Person is the manager of Monarch Partners and holds voting and dispositive power of the shares and the options held by Monarch Partners. The Reporting Person may be deemed to indirectly beneficially own the shares and options held by Monarch Partners, but disclaims beneficial ownership of such shares and options except to extent of his pecuniary interest therein. The shares are fully vested and exercisable. Represents the public offering price of $20.00 per common share less the underwriter's discount of $1.40 per common share. The option vests (i) with respect to 33% of the shares underlying the option, on July 27, 2012; and (ii) with respect to the remaining 67% of the shares underlying the option, in twenty-four substantially equal installments on each monthly anniversary thereafter. The Reporting Person separately reports under Section 16 forms filed by Ptarmigan, LLC ("Ptarmigan") and The Alden Irrevocable Trust (the "Alden Trust"), beneficial ownership of ten percent or greater of the shares of the Issuer by those entities. The sole member of Ptarmigan is The Alden Trust. The Reporting Person serves as manager of Ptarmigan and, as such, holds voting and dispositive power of the shares held by Ptarmigan and thus may be deemed to be the owner of the shares held by Ptarmigan. The Reporting Person has no pecuniary interest in the shares held by Ptarmigan or in the Alden Trust, and thus no shares held by Ptarmigan or in the Alden Trust are reflected as owned by the Reporting Person. /s/ MITCH EDWARDS, ATTORNEY-IN-FACT FOR JEFF KEARL 2011-07-27