Skechers U.S.A., Inc. Quarterly report pursuant to Section 13 or 15(d)

Stockholders Equity and Stock Compensation (Tables)

3 Months Ended

Mar. 31, 2022

The following table provides a summary the Company’s stock repurchase activities:

	Three Months Ended March 31,
	2022		2021
Shares repurchased		651,774		—
Average cost per share	$	38.36	$	—
Total cost of shares repurchased (in thousands):	$	25,000	$	—

The Company issued the following stock-based instruments:

	Three Months Ended March 31,
	2022				2021
	Granted		Weighted-Average Grant-Date Fair Value		Granted		Weighted-Average Grant-Date Fair Value
Restricted stock		1,221,950	$	38.58		406,250	$	39.53
Performance-based restricted stock		116,250	$	42.46		108,750	$	38.95
Market-based restricted stock		116,250	$	58.85		108,750	$	54.34

A summary of the status and changes of the Company’s unvested shares is presented below:

	Shares			Weighted-Average Grant-Date Fair Value
Unvested at December 31, 2021		3,253,316		$	38.97
Granted		1,454,450			40.51
Vested		(566,508	)		37.13
Cancelled		(21,500	)		44.38
Unvested at March 31, 2022		4,119,758		$	39.74