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
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

SHIELDS RICHARD J
2. Issuer Name and Ticker or Trading Symbol

QUIKSILVER INC [ ZQK ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                      _____ 10% Owner
__ X __ Officer (give title below)      _____ Other (specify below)
Chief Financial Officer
(Last)          (First)          (Middle)

QUIKSILVER, INC., 15202 GRAHAM STREET
3. Date of Earliest Transaction (MM/DD/YYYY)

6/5/2014
(Street)

HUNTINGTON BEACH, CA 92649
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

6/5/2014 
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. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. 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   6/5/2014   6/5/2014   P    3000   A $3.3542   703000   D    
Common Stock   6/5/2014   6/5/2014   P    200   A $3.355   703200   D    
Common Stock   6/5/2014   6/5/2014   P    1800   A $3.358   705000   D    
Common Stock   6/5/2014   6/5/2014   P    8800   A $3.36   713800   D    
Common Stock   6/5/2014   6/5/2014   P    13600   A $3.3622   727400   D    
Common Stock   6/5/2014   6/5/2014   P    1900   A $3.3672   729300   D    
Common Stock   6/5/2014   6/5/2014   P    800   A $3.3691   730100   D    
Common Stock   6/5/2014   6/5/2014   P    1500   A $3.37   731600   D    
Common Stock   6/5/2014   6/5/2014   P    2600   A $3.3718   734200   D    
Common Stock   6/5/2014   6/5/2014   P    4700   A $3.3761   738900   D    
Common Stock   6/5/2014   6/5/2014   P    1400   A $3.3763   740300   D    
Common Stock   6/5/2014   6/5/2014   P    26100   A $3.38   766400   D    
Common Stock   6/5/2014   6/5/2014   P    300   A $3.3823   766700   D    
Common Stock   6/5/2014   6/5/2014   P    7400   A $3.39   774100   D    
Common Stock   6/5/2014   6/5/2014   P    200   A $3.395   774300   D    
Common Stock   6/5/2014   6/5/2014   P    22800   A $3.4   797100   D    
Common Stock   6/5/2014   6/5/2014   P    2900   A $3.385   800000   D    

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. 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 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 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

Explanation of Responses:

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
SHIELDS RICHARD J
QUIKSILVER, INC.
15202 GRAHAM STREET
HUNTINGTON BEACH, CA 92649


Chief Financial Officer

Signatures
Linnsey Caya, Attorney-in-Fact for Richard Shields 6/6/2014
** 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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