FORM 4

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

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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).

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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Filed By Romeo & Dye's Instant Form 4 Filer
www.section16.net

1. Name and Address of Reporting Person*

Prentice Grant

2. Issuer Name and Ticker or Trading Symbol
Columbia Sportswear Company (COLM)

6. Relationship of Reporting Person(s)
to Issuer (Check all applicable)
    Director                                       10% Owner
X Officer (give title below)          Other (specify below)

VP/Gen. Merchandise Mgr. Outerwear                

(Last)      (First)     (Middle)

14375 NW Science Park Drive
 

3. I.R.S. Identification Number
of Reporting Person,
if an entity (voluntary)

 

4. Statement for
Month/Day/Year
11/15/02

(Street)

Portland, OR 97229

5. If Amendment,
Date of Original
(Month/Day/Year)
 		 7. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
    Form filed by More than One Reporting Person

(City)     (State)     (Zip)

Table I — Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

1. Title of Security
(Instr. 3)

2. Trans-
action
Date
(Month/ Day/
Year)

2A. Deemed
Execution
Date,
if any
(Month/Day/
Year)

3. Trans-
action Code
(Instr. 8)

4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 & 5)

5. Amount of
Securities
Beneficially
Owned Follow-
ing Reported Transactions(s)
(Instr. 3 & 4)

6. Owner-
ship 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

11/15/02

 

M

 

6,000

A

10.133

 

D

 

Common Stock

11/15/02

 

M

 

7,000

A

13.083

 

D

 

Common Stock

11/15/02

 

M

 

5,000

A

12.167

 

D

 

Common Stock

11/15/02

 

M

 

4,000

A

15.709

 

D

 

Common Stock

11/15/02

 

M

 

10,395

A

31.354

 

D

 

Common Stock

11/15/02

 

S

 

6,000

D

43.67

 

D

 

Common Stock

11/15/02

 

S

 

3,000

D

43.71

 

D

 

Common Stock

11/15/02

 

S

 

3,000

D

43.75

 

D

 

Common Stock

11/15/02

 

S

 

5,000

D

43.58

 

D

 

Common Stock

11/15/02

 

S

 

12,000

D

43.60

 

D

 

Common Stock

11/15/02

 

S

 

3,395

D

43.63

450

D

 
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).

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FORM 4 (continued)

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. Conver-
sion or
Exercise
Price of Derivative Security

3. Trans-
action Date

(Month/
Day/
Year)

3A. Deemed
Execution
Date,
if any
(Month/
Day/
Year)

4. Trans-
action
Code

(Instr. 8)

5. Number of Derivative Securities Acquired (A) or Disposed of (D)

(Instr. 3, 4 & 5)

6. Date Exercisable
and Expiration
Date
(Month/Day/
Year)

7. Title and Amount of Underlying Securities
(Instr. 3 & 4)

8. Price of Derivative Security
(Instr. 5)

9. Number of
Derivative
Securities
Beneficially
Owned
Following
Reported Transaction(s)
(Instr. 4)

10. Owner-
ship Form
of Deriv-
ative
Security:
Direct (D)
or Indirect (I)
(Instr. 4)

11. Nature of Indirect Beneficial Ownership
(Instr. 4)

Code

V

(A)

(D)

Date Exer-cisable

Expira-
tion
Date

Title

Amount or Number of
Shares

Employee stock option (to buy)

10.133

11/15/02

 

M

 

 

6,000

 (1)

11/07

Common Stock

6,000

10.133

5,211

D

 

Employee stock option (to buy)

13.083

11/15/02

 

M

 

 

7,000

 

5/08

Common Stock

7,000

13.083

25,500

D

 

Employee stock option (to buy)

12.167

11/15/02

 

M

 

 

5,000

 

1/10

Common Stock

5,000

12.167

10,555

D

 

Employee stock option (to buy)

15.709

11/15/02

 

M

 

 

4,000

 

4/10

Common Stock

4,000

15.709

17,945

D

 

Employee stock option (to buy)

31.354

11/15/02

 

M

 

 

10,395

 

3/11

Common Stock

10,395

31.354

15,855

D

 

Explanation of Responses:

(1) Options granted before 2001 become exercisable ratably over a period of 60 months following the grant date (Nov. 1997, May 1998, Jan. 2000, April 2000, respectively). Option expiring 3/11 becomes exercisable as follows: 25 percent is exercisable on the first anniversary of the first month following the grant date (March 2001), and the remainder becomes exercisable ratably over the following 36 months.
  By: /s/ Carl Davis
             By Carl Davis, Attorney In Fact
**Signature of Reporting Person		 November 18, 2002
Date

**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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