- Accession Number:
- Form Type:
- Zero Holdings:
- Publication Time:
- 2016-04-26 18:28:12
- Reporting Period:
- Filing Date:
- Accepted Time:
- 2016-04-26 18:28:12
- SEC Url:
- Form 4 Filing
|Cik||Name||Reported Address||Insider Title||Director||Officer||Large Shareholder||Other|
|1312913||B A Krongard||1020 Hull Street |
Balitimore MD 21230
|Sec. Name||Acquisiton - Disposition||Date||Amount||Price||Remaning Holdings||Equity Swap Involved||Form Type||Code||Nature of Ownership||Explanation|
|Class C Common Stock||Acquisiton||2016-04-25||8,400||$4.43||124,697||No||4||M||Direct|
|Class C Common Stock||Disposition||2016-04-25||8,400||$44.41||116,297||No||4||S||Direct|
|Equity Swap Involved||Form Type||Code||Nature of Ownership||Explanation|
|Sec. Name||Sec. Type||Acquisiton - Disposition||Date||Amount||Price||Amount - 2||Price - 2|
|Class C Common Stock||Director Stock Option (Right to Buy)||Disposition||2016-04-25||8,400||$0.00||8,400||$4.43|
|Remaning Holdings||Exercise Date||Expiration Date||Equity Swap Involved||Transaction Form Type||Transaction Code||Nature of Ownership|
- Under Armour, Inc. declared a stock dividend pursuant to which all holders of Class A Common Stock on March 28, 2016, the record date for the dividend, received on April 7, 2016, one share of Class C Common Stock for each share of Class A Common Stock held by them as of the record date (the "Class C Dividend"). The holdings in column 5 include shares of Class C Common Stock received by the Reporting Person pursuant to the Class C Dividend, including outstanding shares held by the Reporting Person and shares underlying deferred stock units previously granted to the Reporting Person.
- This stock option was originally reported as an option to purchase 2,100 shares of Under Armour, Inc.'s Class A Common Stock at an exercise price of $35.70, and was later adjusted for two separate two-for-one stock splits completed in 2012 and 2014. As a result of the Class C Dividend, the option was further adjusted such that it now entitles the Reporting Person to exercise a portion of the option for 8,400 shares of Class C Common Stock, and the exercise price has been adjusted so that the portion of the option covering the Class A Common Stock now has an exercise price of $4.4937 and the portion of the option covering the Class C Common Stock has an exercise price of $4.4313 per share.
- This transaction was executed in multiple trades at prices ranging from $44.35 to $44.53. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.