Jonathan Wade Lyall - Jul 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: Jul 13, 2022
Transactions value $: $13,000
Form type: 4
Date filed: 7/18/2022, 08:12 AM
Previous filing: Jul 6, 2022
Next filing: Jan 4, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SKY	Common Stock	Award	$48.3K	+966	+3.29%	$50.00	30.3K	Jul 13, 2022	Direct	F1
transaction	SKY	Common Stock	Tax liability	-$35.3K	-706	-2.33%	$50.00	29.6K	Jul 13, 2022	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The amount of securities owned reflects the incremental vesting 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 13, 2022, the PRSUs vested at 150% of the initial target award based upon the total shareholder return from July 1, 2019 through July 1, 2022 relative to the total shareholder return of certain designated companies over that same time period.
F2	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 13, 2022.

Content

The amount of securities owned reflects the incremental vesting 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 13, 2022, the PRSUs vested at 150% of the initial target award based upon the total shareholder return from July 1, 2019 through July 1, 2022 relative to the total shareholder return of certain designated companies over that same time period.

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 13, 2022.