Timothy A. Burkhardt - Jan 4, 2024 Form 4 Insider Report for Skyline Champion Corp (SKY)

Signature
/s/ Caren A. Ries, Attorney-in-Fact
Stock symbol
SKY
Transactions as of
Jan 4, 2024
Transactions value $
-$64,013
Form type
4
Date filed
1/8/2024, 04:05 PM
Previous filing
Sep 18, 2023
Next filing
Mar 22, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SKY Common Stock Tax liability -$72.6K -1.05K -3.02% $68.98 33.8K Jan 4, 2024 Direct F1
transaction SKY Common Stock Award $96.7K +1.4K +4.15% $68.98 35.2K Jan 5, 2024 Direct F2
transaction SKY Common Stock Tax liability -$88.2K -1.28K -3.63% $68.98 33.9K Jan 5, 2024 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares withheld by the Issuer to satisfy the Reporting Person's tax withholding obligations in connection with the vesting and delivery of restricted stock units on January 4, 2024.
F2 The amount of securities owned reflects the incremental vesting of a portion of performance based restricted stock units (PRSUs) previously granted to the Reporting Person under the 2018 Equity Incentive Plan of Issuer and reported as owned directly at the target (100%) level. Pursuant to the terms of the award agreement evidencing the grant of the PRSUs, upon the Compensation Committee certification of the achievement of the performance goals on January 5, 2024, the PRSUs vested at 150% of the initial target award based upon the total shareholder return from January 4, 2021 through January 4, 2024 relative to the total shareholder return of certain designated companies over that same time period.
F3 Shares withheld by the Issuer to satisfy the tax withholding obligations of the Reporting Person in connection with the vesting and delivery of the PRSUs following the Compensation Committee certification of the achievement of performance goals on January 5, 2024.