0001593968-22-000429.txt : 20220210 0001593968-22-000429.hdr.sgml : 20220210 20220210182146 ACCESSION NUMBER: 0001593968-22-000429 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20220208 FILED AS OF DATE: 20220210 DATE AS OF CHANGE: 20220210 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Yang Wendy W CENTRAL INDEX KEY: 0001816714 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-36436 FILM NUMBER: 22615787 MAIL ADDRESS: STREET 1: 250 COROMAR DRIVE CITY: GOLETA STATE: CA ZIP: 93117 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: DECKERS OUTDOOR CORP CENTRAL INDEX KEY: 0000910521 STANDARD INDUSTRIAL CLASSIFICATION: RUBBER & PLASTICS FOOTWEAR [3021] IRS NUMBER: 953015862 STATE OF INCORPORATION: DE FISCAL YEAR END: 0331 BUSINESS ADDRESS: STREET 1: 250 COROMAR DRIVE CITY: GOLETA STATE: CA ZIP: 93117 BUSINESS PHONE: 8059677611 MAIL ADDRESS: STREET 1: 250 COROMAR DRIVE CITY: GOLETA STATE: CA ZIP: 93117 FORMER COMPANY: FORMER CONFORMED NAME: DECKERS FOOTWEAR CORP DATE OF NAME CHANGE: 19930811 4 1 primary_01.xml PRIMARY DOCUMENT X0306 4 2022-02-08 0000910521 DECKERS OUTDOOR CORP DECK 0001816714 Yang Wendy W 250 COROMAR DRIVE GOLETA CA 93117 false true false false President, PLG Common Stock 2022-02-08 4 A false 1999 0 A 26808 D Common Stock (Long-Term Incentive Performance-Based RSUs) 2022-02-08 4 A false 5650 0 A 32458 D 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 8/15/2022, 33.33% on 8/15/2023, and 33.34% on 8/15/2024, 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. Refer to Exhibit 99 for additional information. The amounts listed are the maximum number of LTIP Performance RSUs that may vest. /s/ Lisa Bereda for Wendy Yang as Attorney in Fact 2022-02-10 EX-99 2 exhibit99.txt EX-99 DOCUMENT The Long-Term Incentive Performance-Based Restricted Stock Units (the LTIP Performance RSUs) were granted pursuant to the Issuers 2015 Stock Incentive Plan, as amended, and a related award agreement. The LTIP Performance RSUs may vest subject to the Issuers achievement with respect to pre-established pre-tax income and revenue targets for each of the fiscal years ending March 31, 2021, March 31, 2022, and March 31, 2023, and subject to modification based on total shareholder return (the Performance Criteria). The award has a cliff vesting date of March 31, 2023. The number of LTIP Performance RSUs that will vest on March 31, 2023 will be determined based on the Issuers level of achievement with respect to the Performance Criteria. If the Performance Criteria are not achieved at the threshold level, no vesting will occur and the LTIP Performance RSUs will be cancelled. The LTIP Performance RSUs will be settled in the Issuers common stock upon satisfaction of the Performance Criteria and the cliff vesting date.