Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

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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(Print or Type Responses)
1. Name and Address of Reporting Person *
OTTO DOUGLAS B
   2. Issuer Name and Ticker or Trading Symbol
DECKERS OUTDOOR CORP [DECK] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director _____ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last)
(First)
(Middle)
495-A S. FAIRVIEW AVENUE		 3. Date of Earliest Transaction (Month/Day/Year)
04/03/2007
(Street)

GOLETA, CA 93117		 4. If Amendment, Date 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
(City)
(State)
(Zip)
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 04/03/2007   M   31,537 (1) A $ 1.563 206,259 D  
Common Stock 04/03/2007   S   31,537 (1) D $ 70 174,722 D  
Common Stock 04/03/2007   M   5,279 (1) A $ 1.563 180,001 D  
Common Stock 04/03/2007   S   5,279 (1) D $ 70.001 174,722 D  
Common Stock 04/03/2007   M   7,500 (1) A $ 1.563 182,222 D  
Common Stock 04/03/2007   S   7,500 (1) D $ 70.0247 174,722 D  
Common Stock 04/03/2007   M   1,189 (1) A $ 1.563 175,911 D  
Common Stock 04/03/2007   S   1,189 (1) D $ 70.05 174,722 D  
Common Stock 04/03/2007   M   2,500 (1) A $ 1.563 177,222 D  
Common Stock 04/03/2007   S   2,500 (1) D $ 70.0793 174,722 D  
Common Stock 04/03/2007   M   7,885 (1) A $ 1.563 182,607 D  
Common Stock 04/03/2007   S   7,885 (1) D $ 70.08 174,722 D  
Common Stock 04/03/2007   M   2,500 (1) A $ 1.563 177,222 D  
Common Stock 04/03/2007   S   2,500 (1) D $ 70.1 174,722 D  
Common Stock 04/03/2007   M   2,500 (1) A $ 1.563 177,222 D  
Common Stock 04/03/2007   S   2,500 (1) D $ 70.15 174,722 D  
Common Stock 04/03/2007   M   5,195 (1) A $ 1.563 179,917 D  
Common Stock 04/03/2007   S   5,195 (1) D $ 70.2213 174,722 D  
Common Stock 04/03/2007   M   2,433 (1) A $ 1.563 177,155 D  
Common Stock 04/03/2007   S   2,433 (1) D $ 70.2652 174,722 D  
Common Stock 04/03/2007   M   7,700 (1) A $ 1.563 182,422 D  
Common Stock 04/03/2007   S   7,700 (1) D $ 70.3 174,722 D  
Common Stock 04/03/2007   M   7,500 (1) A $ 1.563 182,222 D  
Common Stock 04/03/2007   S   7,500 (1) D $ 70.3435 174,722 D  
Common Stock 04/03/2007   M   3,500 (1) A $ 1.563 178,222 D  
Common Stock 04/03/2007   S   3,500 (1) D $ 70.42 174,722 D  
Common Stock 04/03/2007   M   3,000 (1) A $ 1.563 177,722 D  
Common Stock 04/03/2007   S   3,000 (1) D $ 70.4206 174,722 D  
Common Stock 04/03/2007   M   2,930 (1) A $ 1.563 177,652 D  
Common Stock 04/03/2007   S   2,930 (1) D $ 70.485 174,722 D  

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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 Underlying Securities
(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 of Derivative Security: 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
Option to purchase Common Stock $ 1.563 04/03/2007   M     4,597 12/09/1999 12/09/2008 Common Stock 4,597 $ 0 285,000 D  
Option to purchase Common Stock $ 1.563 04/03/2007   M     20,000 12/09/2000 12/09/2008 Common Stock 20,000 $ 0 265,000 D  
Option to purchase Common Stock $ 1.563 04/03/2007   M     35,000 12/09/2001 12/09/2008 Common Stock 35,000 $ 0 230,000 D  
Option to purchase Common Stock $ 1.563 04/03/2007   M     33,551 12/09/2002 12/09/2008 Common Stock 33,551 $ 0 196,449 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
OTTO DOUGLAS B
495-A S. FAIRVIEW AVENUE
GOLETA, CA 93117		   X      

Signatures

 /s/Leslyn Nitta for Douglas Otto as Attorney in Fact   04/05/2007
**Signature of Reporting Person Date

Explanation of Responses:

* 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).
(1) Transactions are planned sales under the 10b-5-1 plan, filed with the SEC on August 8, 2006.

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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