Jonathan Wade Lyall - Jul 12, 2021 Form 4 Insider Report for Skyline Champion Corp (SKY)

Role
EVP
Signature
/s/ Caren A. Ries, Attorney-in-Fact
Stock symbol
SKY
Transactions as of
Jul 12, 2021
Transactions value $
-$45,271
Form type
4
Date filed
7/14/2021, 02:35 PM
Previous filing
Jul 6, 2021
Next filing
Nov 8, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SKY Common Stock Tax liability -$45.3K -824 -2.06% $54.94 39.2K Jul 12, 2021 Direct F1, F2
* 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 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.