Joseph A. Kimmell - Jan 13, 2022 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
Jan 13, 2022
Transactions value $
$0
Form type
4
Date filed
1/18/2022, 09:16 AM
Previous filing
Nov 12, 2021
Next filing
Feb 16, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SKY Common Stock Award $0 +5.89K +21.25% $0.00 33.6K Jan 13, 2022 Direct F1
transaction SKY Common Stock Award $0 +5.89K +17.52% $0.00 39.5K Jan 13, 2022 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents restricted stock units ("RSUs") granted to the Reporting Person under the Issuer's 2018 Equity Incentive Plan. Each RSU represents the contingent right to receive one share of Common Stock. Subject to the terms of the award agreement evidencing the grant of the RSUs, one-third of the RSUs vests on each of the first three anniversaries of January 4, 2022, provided that the Reporting Person remains in continuous service with the Issuer through each vesting date.
F2 Represents performance-based restricted stock units ("PRSUs") granted to the Reporting Person under the Issuer's 2018 Equity Incentive Plan. Each PRSU represents the contingent right to receive one share of Common Stock. Subject to the terms of the award agreement evidencing the grant of the PRSUs, vesting of a percentage of the PRSUs (including up to 200%) is 60% dependent on the total shareholder return of Issuer from January 4, 2022 through January 4, 2025 relative to the total shareholder return of certain other companies over that same time period, and 40% dependent on the market share of single family completions of Issuer from January 4, 2022 through January 4, 2025, provided that the Reporting Person remains in continuous service with the Issuer through each vesting date.