Michael John Wall Form 3 Performance Sports / Michael John Wall ownership change

SEC Form 3

FORM 3

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

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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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1. Name and Address of Reporting Person^*

Wall Michael John

(Last) (First) (Middle)

C/O PERFORMANCE SPORTS GROUP LTD.

100 DOMAIN DRIVE

(Street)

EXETER NH 03833-4801

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
06/01/2015

3. Issuer Name and Ticker or Trading Symbol
Performance Sports Group Ltd. [ PSG ]

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

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
VP, Gen Counsel & Corp. Secy

5. 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 Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Shares	10,000	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Employee Stock Option (Right to Buy)	(1)	03/10/2021	Common Shares	32,000	7.71(2)	D
Employee Stock Option (Right to Buy)	(3)	10/01/2022	Common Shares	41,600	10.92(4)	D
Employee Stock Option (Right to Buy)	(5)	02/27/2023	Common Shares	95,000	11.52(6)	D
Employee Stock Option (Right to Buy)	(7)	02/28/2024	Common Shares	82,000	13.14(8)	D
Employee Stock Option (Right to Buy)	(9)	06/18/2018	Common Shares	48,506	3.43(10)	D

Explanation of Responses:

1. The options were granted on March 10, 2011 under the Company's Second Amended and Restated 2011 Stock Option Plan (the "Option Plan") and vest over four years, with the first 25% having vested on the first anniversary of the date of grant and 25% vesting yearly thereafter.

2. The exercise price was converted from Cdn$7.50 based on the noon rate of exchange of the Bank of Canada on the date of grant.

3. The options were granted on October 1, 2012 under the Company's Option Plan and vest over four years, with the first 25% having vested on the first anniversary of the date of grant and 25% vesting yearly thereafter.

4. The exercise price was converted from Cdn$10.73 based on the noon rate of exchange of the Bank of Canada on the date of grant.

5. The options were granted on February 27, 2013 under the Company's Option Plan and vest over four years, with the first 25% having vested on the first anniversary of the date of grant and 25% vesting yearly thereafter.

6. The exercise price was converted from Cdn$11.81 based on the noon rate of exchange of the Bank of Canada on the date of grant.

7. The options were granted on February 28, 2014 under the Company's Option Plan and vest over four years, with the first 25% having vested on the first anniversary of the date of grant and 25% vesting yearly thereafter.

8. The exercise price was converted from Cdn$14.55 based on the noon rate of exchange of the Bank of Canada on the date of grant.

9. The options were granted on June 18, 2008 under the Company's Second Amended and Restated Rollover Stock Option Plan and 13,753 vested on June 18, 2010 and 34,753 vested on March 10, 2011.

10. The exercise price was converted from Cdn$3.49 based on the noon rate of exchange of the Bank of Canada on the date of grant.

	/s/ Michael John Wall	06/01/2015
	** 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 5 (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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