Deckers Outdoor Corp Files Supplemental Proxy Statement

TL;DR

DECK filed more proxy docs for annual meeting - shareholders get updated info.

AI Summary

Deckers Outdoor Corporation (DECK) has filed a supplemental proxy statement (DEFA14A) for its annual meeting. This filing provides additional materials related to the proxy statement, indicating updates or further information being shared with shareholders. The company, headquartered in Goleta, California, is involved in the footwear industry.

Why It Matters

This filing provides shareholders with updated or additional information relevant to the annual meeting, ensuring they have the latest details for voting on corporate matters.

Risk Assessment

Risk Level: low — This is a routine regulatory filing providing supplemental information for an annual meeting, not indicating any immediate financial or operational risks.

Key Players & Entities

• DECKERS OUTDOOR CORP (company) — Registrant
• DECK (company) — Ticker Symbol
• 250 COROMAR DRIVE (location) — Business Address
• GOLETA (location) — City
• CA (location) — State
• 93117 (location) — ZIP Code

FAQ

Key Financial Figures

• $0.01 — 0,000 shares of common stock, par value $0.01 per share, and 5,000,000 shares of pref

Filing Documents

• deck-defa14ax2024supplemen.htm (DEFA14A) — 49KB
• deckers_logox.jpg (GRAPHIC) — 236KB
• 0000910521-24-000045.txt ( ) — 374KB

From the Filing

Document UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 14A Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 (Amendment No. ) Filed by the Registrant x Filed by a Party other than the Registrant Check the appropriate box Preliminary Proxy Statement Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2)) Definitive Proxy Statement x Definitive Additional Materials Soliciting Material under 240.14a-12 DECKERS OUTDOOR CORPORATION (Name of Registrant as Specified In Its Charter) (Name of Person(s) Filing Proxy Statement, if other than the Registrant) Payment of Filing Fee (Check all boxes that apply) x No fee required. Fee paid previously with preliminary materials. Fee computed on table in exhibit required by Item 25(b) per Exchange Act Rules 14a-6(i)(1) and 0-11. SUPPLEMENT TO DEFINITIVE PROXY STATEMENT FOR ANNUAL MEETING OF STOCKHOLDERS TO BE HELD MONDAY, SEPTEMBER 9, 2024 On July 23, 2024, Deckers Outdoor Corporation, a Delaware corporation (the " Company ," " we ," " us ," or " our "), filed a definitive proxy statement on Schedule 14A (the " Proxy Statement ") with the Securities and Exchange Commission (" SEC ") in connection with the Company's 2024 annual meeting of stockholders to be held on Monday, September 9, 2024, at 100 p.m. Pacific Time (the " Annual Meeting "). The Company is filing this supplement to the Proxy Statement (this " Supplement ") to amend " Proposal No. 6. - Amendment of Certificate of Incorporation to Effect a Six-For-One Stock Split with a Proportionate Increase in Authorized Capital Stock ," and to replace Appendix C to the Proxy Statement, which included the form of the proposed amendment to the Company's Amended and Restated Certificate of Incorporation. Capitalized terms used and not otherwise defined in this Supplement have the meaning given to them in the Proxy Statement. This Supplement should be read in conjunction with the Proxy Statement, as well as any additional soliciting material we have filed or may file with the SEC, which we encourage you to read carefully and in its entirety before making a voting decision. This Supplement is being filed with the SEC and is being made available to stockholders on or about August 28, 2024. THIS SUPPLEMENT SHOULD BE READ IN CONJUNCTION WITH THE PROXY STATEMENT DEAR STOCKHOLDERS As you are aware, the 2024 Annual Meeting of Stockholders of Deckers Outdoor Corporation (the " Annual Meeting ") will be held on Monday, September 9, 2024, at 100 p.m. Pacific Time. The information in this supplement (this " Supplement ") is intended to supplement and amend certain information included in the definitive proxy statement on Schedule 14A relating to the Annual Meeting, which was filed with the Securities and Exchange Commission on July 23, 2024 (the " Proxy Statement "). Purpose of Supplement Specifically, the purpose of this Supplement is to amend " Proposal No. 6. - Amendment of Certificate of Incorporation to Effect a Six-For-One Stock Split with a Proportionate Increase in Authorized Capital Stock, " which is described on pages 89-91 of the Proxy Statement, and to replace Appendix C to the Proxy Statement, which included the form of the proposed amendment to our Amended and Restated Certificate of Incorporation (the " Restated Certificate "), as described in this proposal. Original Proposal No. 6 Our Restated Certificate currently authorizes the issuance of up to 125,000,000 shares of common stock, par value $0.01 per share, and 5,000,000 shares of preferred stock, par value $0.01 per share. As of March 31, 2024, 25,592,318 shares of common stock were issued and outstanding, and there were no shares of preferred stock issued and outstanding. As set forth in the Proxy Statement, the Company initially proposed an Amendment to the Restated Certificate (the " Original Amendment ") to (i) effect a six-for-one forward stock split of our common stock and preferred stock, and (ii) increase the number of authorized shares of our common stock from 125,000,000 to 750,000,000, and the number of shares of our preferred stock from 5,000,000 to 30,000,000, subject to approval by our stockholders (" Original Proposal No. 6 "). Rationale for Forward Stock Split and Authorized Share Increase The trading price of our common stock has risen significantly over the past couple of years and our common stock currently trades higher than many other public companies. Our Board regularly evaluates the effect of such growth on the liquidity and marketability of our common stock and believes the considerable appreciation in the trading price of our common stock makes our common stock less affordable and attractive to fewer investors. Our Board believes effecting a six-for-one stock split of our outstanding shares would make our shares more affordable and attractive to a broader group of potential investors and increase liqu

View Full Filing

View this DEFA14A filing on SEC EDGAR