Christopher Patrick O'Brien - Jan 11, 2022 Form 4 Insider Report for Latham Group, Inc. (SWIM)

Role
Director, 10%+ Owner
Signature
/s/ Jason Duva, Attorney-in-Fact
Stock symbol
SWIM
Transactions as of
Jan 11, 2022
Transactions value $
-$51,969,640
Form type
4
Date filed
1/12/2022, 03:36 PM

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SWIM Common Stock, par value $0.0001 per share Disposed to Issuer -$1.52M -81.4K -15.67% $18.67 438K Jan 11, 2022 By: WC Partners Executive IV, L.P. F1, F2
transaction SWIM Common Stock, par value $0.0001 per share Disposed to Issuer -$50.5M -2.7M -15.67% $18.67 14.5M Jan 11, 2022 By: Wynnchurch Capital Partners IV, L.P. F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 2,702,021 shares of common stock were sold to the Issuer by Wynnchurch Capital Partners IV, L.P. and 81,376 shares of common stock were sold to the Issuer by WC Partners Executive IV, L.P.
F2 Wynnchurch Capital Partners IV, L.P. directly owns 14,545,703 shares of common stock and WC Partners Executive IV, L.P. directly owns 438,068 shares of common stock. The general partner of Wynnchurch Capital Partners IV, L.P. and WC Partners Executive IV, L.P. is Wynnchurch Partners IV, L.P. (the "General Partner"). The general partner of the General Partner is Wynnchurch Management, Ltd. ("WML"). WML and a limited partner committee consisting of other senior partners manage the General Partner, provided that WML's consent is required for any action, decision, consent or other determination. The sole director of WML is John Hatherly.

Remarks:

The reporting person is a member of a 10% group with (i) Pamplona Capital Partners V, L.P., Pamplona Equity Advisors V Ltd, Pamplona PE Investments Malta Limited, Pamplona Capital Management LLP, Pamplona Capital Management LLC, Pamplona Capital Management (PE) SL, Pamplona Capital Management (Monaco) SAM, John C. Halsted and Alexander Knaster (collectively, the "Pamplona Entities"), and (ii) Wynnchurch Capital Partners IV, L.P., WC Partners Executive IV, L.P. , Wynnchurch Partners IV, L.P., Wynnchurch Management, Ltd. and John Hatherly. None of the shares of common stock held by Pamplona Entities are reflected in this report.