Insider Trades - MIYASAKI CLARKE

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MIYASAKI CLARKE: Declared Holdings
Company/Relationship	Reported	Shares	Ownership
Skullcandy, Inc. Officer NasdaqGS:SKUL (historical quotes, profile, other insiders)	2-Sep-11 2-Sep-11	250 97,065 97,315	Direct Indirect Total

Insider & restricted shareholder transactions reported over the last two years
Date Shares Stock Transaction
2-Sep-11 97,065 SKUL Option Exercise at $1.85 per share.
(Cost of $179,570)
2-Sep-11 *97,065 SKUL Acquisition (Non Open Market) at $0 per share.
2-Sep-11 97,065 SKUL Disposition (Non Open Market) at $0 per share.
25-Jul-11 250 SKUL Purchase at $20 per share.
(Cost of $5,000)

* Indicates that some (or all) shares are held indirectly (e.g. in a trust, by a spouse, etc.)

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Insider & restricted shareholder transactions reported over the last two years
Date	Shares	Stock	Transaction
2-Sep-11	97,065	SKUL	Option Exercise at $1.85 per share. (Cost of $179,570)
2-Sep-11	*97,065	SKUL	Acquisition (Non Open Market) at $0 per share.
2-Sep-11	97,065	SKUL	Disposition (Non Open Market) at $0 per share.
25-Jul-11	250	SKUL	Purchase at $20 per share. (Cost of $5,000)