Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | SKY | Common Stock | Tax liability | -$54.6K | -993 | -2.86% | $54.94 | 33.7K | Jul 12, 2021 | Direct | F1, F2 |
Id | Content |
---|---|
F1 | Shares withheld by the Issuer to satisfy the tax withholding obligations of the Reporting Person in connection with the vesting and delivery of performance-based restricted stock units (PRSUs) following the Compensation Committee certification of the achievement of performance goals on July 12, 2021. |
F2 | The amount of securities owned reflects the forfeiture of a portion of 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 July 12, 2021, the PRSUs vested at 58% of the initial grant based upon the total shareholder return from July 1, 2018 through July 1, 2021 relative to the total shareholder return of certain designated companies over that same time period, and the PRSUs that did not vest were forfeited. |