Joshua D. Cowley - Jan 22, 2022 Form 4 Insider Report for Latham Group, Inc. (SWIM)

Signature
/s/ J. Mark Borseth, Attorney-in-Fact
Stock symbol
SWIM
Transactions as of
Jan 22, 2022
Transactions value $
-$187,270
Form type
4
Date filed
6/17/2022, 04:39 PM
Next filing
Mar 7, 2022

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 Award $0 +68.4K +6842.1% $0.00 69.4K Jan 22, 2022 Direct F1
transaction SWIM Common Stock, par value $0.0001 per share Award -$105K -7.44K -10.72% $14.09 62K Jan 27, 2022 Direct F2
transaction SWIM Common Stock, par value $0.0001 per share Award -$82.4K -6.96K -11.22% $11.85 55K Apr 22, 2022 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The restricted stock units (the "RSUs") will vest in three equal installments (rounded to the nearest whole number), on the nine month anniversary of April 22, 2021, the twelve month anniversary and the twenty-four month anniversary of April 22, 2021. 22,807 RSUs vested on January 22, 2022 and 22,807 RSUs vested on April 22, 2022. 22,807 RSUs will vest on April 22, 2023.
F2 Represents a sale to cover tax obligations on the vesting of RSUs.