Mark J. Yost - Jul 13, 2022 Form 4 Insider Report for Skyline Champion Corp (SKY)

Signature
/s/ Caren A. Ries, Attorney-in-Fact
Stock symbol
SKY
Transactions as of
Jul 13, 2022
Transactions value $
-$57,450
Form type
4
Date filed
7/18/2022, 08:14 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 $186K +3.73K +2.26% $50.00 168K Jul 13, 2022 Direct F1
transaction SKY Common Stock Tax liability -$244K -4.88K -2.89% $50.00 164K Jul 13, 2022 Direct F2
holding SKY Common Stock 144K Jul 13, 2022 As investment manager to a SLAT
holding SKY Common Stock 66.5K Jul 13, 2022 As spouse to account holder
* 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.