Weyco (WEYS) Form 4 WEYCO / THOMAS W FLORSHEIM JR ownership change

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

FLORSHEIM THOMAS W JR

(Last) (First) (Middle)

333 W. ESTABROOK BOULEVARD

(Street)

GLENDALE WI 53212

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
WEYCO GROUP INC [ WEYS ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
X	Officer (give title below)	Other (specify below)
CHAIRMAN & CEO

3. Date of Earliest Transaction (Month/Day/Year)
09/06/2023

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	09/06/2023		J(1)		89,424	D	$0	0	I	As Trustee of Father's 2020 GRAT #2
Common Stock	09/06/2023		J(1)		89,424	D	$0	0	I	As Trustee of Mother's 2020 GRAT #2
Common Stock	09/06/2023		J(2)(3)		44,712	A	$0	777,202	D
Common Stock	09/06/2023		J		21,598	D	$0	66,960	I	As Trustee of Father's 2022 GRAT
Common Stock	09/06/2023		J		21,598	D	$0	66,960	I	As Trustee of Mother's 2022 GRAT
Common Stock								94,619	I	Held in 2018 Irrevocable Trust
Common Stock								50,993	I	By Wife
Common Stock								265,419	I	As Trustee for Children
Common Stock								100,200	I	As Trustee of Father's 2022 GRAT #3
Common Sotck								100,200	I	As Trustee of Mother's 2022 GRAT #3
Common Stock								181,623	I	As Trustee of John Florsheim Family Trust

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Option	$27.94							08/25/2018(4)	08/25/2027	Common Stock	15,000		15,000	D
Stock Option	$37.22							08/23/2019(5)	08/23/2028	Common Stock	8,000		8,000	D
Stock Option	$23.38							08/14/2020(6)	08/14/2029	Common Stock	10,000		10,000	D
Stock Option	$18							08/26/2021(7)	08/26/2030	Common Stock	10,000		10,000	D
Stock Option	$24							08/25/2022(8)	08/25/2031	Common Stock	10,000		10,000	D
Stock Option	$28.83							08/25/2023(9)	08/25/2032	Common Stock	7,000		7,000	D
Stock Option	$25.79							08/25/2024(10)	08/25/2033	Common Stock	7,000		7,000	D

Explanation of Responses:

1. Expiration of GRAT

2. Distribution of Father's GRAT which expired

3. Distribution of Mother's GRAT which expired

4. 20% per year for 5 years beginning 08/25/2018

5. 20% per year for 5 years beginning 08/23/2019

6. 20% per year for 5 years beginning 08/14/2020

7. 20% per year for 5 years beginning 08/26/2021

8. 20% per year for 5 years beginning 08/25/2022

9. 20% per year for 5 years beginning 08/25/2023

10. 20% per year for 5 years beginning 08/25/2024

	/s/ Thomas W. Florsheim, Jr.	09/08/2023
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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