Donald Jeff Clark - Apr 8, 2022 Form 4 Insider Report for WINNEBAGO INDUSTRIES INC (WGO)

Signature
/s/ Stacy Bogart, Senior Vice President, General Counsel, Secretary and Corporate Responsibility
Stock symbol
WGO
Transactions as of
Apr 8, 2022
Transactions value $
$3,160,350
Form type
4
Date filed
4/12/2022, 02:10 PM
Previous filing
Oct 15, 2021
Next filing
Oct 13, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WGO Common Stock, $.50 par value Award $3.16M +58.5K +8.7% $54.00 732K Apr 8, 2022 By Family LLC F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person acquired these securities on April 8, 2022 as earn-out consideration related to the Issuer's acquisition of the reporting person's equity interests in BarlettaBoat Company, LLC and Three Limes, LLC pursuant to the terms of an Equity Purchase Agreement dated July 19, 2021 between the Issuer and certain parties, including thereporting person.
F2 The number of shares issuable pursuant to the earn-out right was determined on April 8, 2022, pursuant to a formula set forth in the Equity Purchase Agreement, which provided that, for the purpose of determining the number of shares issuable, the Issuer's common stock would be valued using the volume weighted average share price of the stock for the 10 business days prior to issuance.