Stephen E Babson Form 4 COLUMBIA SPORTSWEAR / STEPHEN E BABSON 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^*

BABSON STEPHEN E

(Last) (First) (Middle)

C/O COLUMBIA SPORTSWEAR COMPANY

14375 NW SCIENCE PARK DRIVE

(Street)

PORTLAND OR 97229

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
COLUMBIA SPORTSWEAR CO [ COLM ]

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

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

3. Date of Earliest Transaction (Month/Day/Year)
05/01/2019

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	05/01/2019		M		362	A	(1)	143,211	D
Common Stock	05/01/2019		M		774	A	(1)	143,985	D
Common Stock	05/01/2019		M		387	A	(1)	144,372	D
Common Stock								2,000	I	By Wife
Common Stock								4,500	I	By LP(6)

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
Restricted Stock Units	(1)	05/01/2019		M			362	05/01/2018(2)	(5)	Common Stock	362	$0	361	D
Restricted Stock Units	(1)	05/01/2019		M			774	05/01/2019(3)	(5)	Common Stock	774	$0	0	D
Restricted Stock Units	(1)	05/01/2019		M			387	05/01/2019(4)	(5)	Common Stock	387	$0	0	D

Explanation of Responses:

1. Each restricted stock unit represents a right to receive one share of COLM common stock.

2. On 6/13/2017 the reporting person was granted 1,085 restricted stock units, one-third of the restricted stock units vest annually (a) on 5/1/2018 (the "Vest Date"), and (b) on each of the two subsequent anniversaries of the Vest Date. One share of Common Stock will be automatically delivered to the reporting person for each restricted stock unit that vests. If a vesting date falls on a weekend or any other day on which the Nasdaq Stock Market ("NSM") or any national securities exchange on which the Common Stock then is principally traded (the "Exchange") is not open, affected RSUs shall vest on the next following NSM or Exchange business day, as the case may be.

3. On 6/6/2018 the reporting person was granted 774 restricted stock units, 100% of the restricted stock units vested on 5/1/2019. One share of Common Stock will be automatically delivered to the reporting person for each restricted stock unit that vested.

4. On 6/6/2018 the reporting person was granted 387 restricted stock units, 100% of the restricted stock units vested on 5/1/2019. One share of Common Stock will be automatically delivered to the reporting person for each restricted stock unit that vested.

5. N/A

6. Includes 4,500 shares held by Babson Capital Partners, LP, for which the reporting person is general partner.

Remarks:

	Peter J. Bragdon, Attorney-in-Fact	05/02/2019
	** 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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