Eifion Jones - 10 Aug 2021 Form 4 Insider Report for Hayward Holdings, Inc. (HAYW)

Signature
/s/ Michael Colicchio, attorney-in-fact Name: Michael Colicchio Title: Vice President and Corporate Controller
Issuer symbol
HAYW
Transactions as of
10 Aug 2021
Net transactions value
-$2,774,597
Form type
4
Filing time
12 Aug 2021, 18:17:51 UTC
Previous filing
22 Sep 2021
Next filing
14 Sep 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HAYW Common Stock Options Exercise $409,500 +292,500 +4500% $1.40* 299,000 10 Aug 2021 Direct
transaction HAYW Common Stock Options Exercise $20,475 +14,625 +4.9% $1.40* 313,625 10 Aug 2021 Direct
transaction HAYW Common Stock Tax liability $3,204,572 -145,398 -46% $22.04 168,227 10 Aug 2021 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction HAYW Stock Options (Right to Buy) Options Exercise $0 -292,500 -100% $0.000000* 0 10 Aug 2021 Common Stock 292,500 $1.40 Direct F2
transaction HAYW Stock Options (Right to Buy) Options Exercise $0 -1,560,000 -50% $0.000000 1,545,375 10 Aug 2021 Common Stock 1,560,000 $1.40 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares of Common Stock that were withheld by the Issuer in connection with the net exercise of options. No shares were sold by the reporting person.
F2 The option is fully vested.
F3 This option is vested as to 60% of the underlying shares of Common Stock. The option vests as to the remaining 40% of the underlying shares of Common Stock in four equal installments, on each of April 20, 2022, April 20, 2023, April 20, 2024, and April 20, 2025.