Robert Spence - 20 Mar 2023 Form 4 Insider Report for Skyline Champion Corp (SKY)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
22 Mar 2023, 16:08:05 UTC
Prior SEC filing
06 Jan 2023
Next SEC filing
08 Jan 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Caren A. Ries, Attorney-in-Fact

Key filing fact

Robert Spence filed Form 4 for Skyline Champion Corp (SKY) on 22 Mar 2023.

Key facts

  • This page summarizes Robert Spence's Form 4 filing for Skyline Champion Corp (SKY).
  • 2 reported transactions and 0 derivative rows are listed below.
  • Accepted by SEC: 22 Mar 2023, 16:08.

Change

  • Previous filing in this sequence was filed on 06 Jan 2023.
  • Current net transaction value: $0.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

SKY transaction

Common Stock

Award

Transaction value
$0
Shares
+7,081
Change %
+28%
Price
$0.000000
Shares after
31,943
Date
20 Mar 2023
Ownership
Direct
Footnotes
F1, F2
SKY transaction

Common Stock

Award

Transaction value
$0
Shares
+7,081
Change %
+22%
Price
$0.000000
Shares after
39,024
Date
20 Mar 2023
Ownership
Direct
Footnotes
F1, F3
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote F1

The Compensation Committee resolved to move the issuance of grants under the 2018 Equity Incentive Plan from the first trading day in January, when the Company had historically issued grants, to the second half of March for 2023 and for future grants. This is in alignment with the completion of the fiscal year of the Company. As a result of the move, the Committee made a one-time adjustment in the target amount of the grants to be issued in 2023, issuing 125% of the target annual grant.

Footnote F2

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 March 20, 2023, provided that the Reporting Person remains in continuous service with the Issuer through each vesting date.

Footnote F3

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 March 20, 2023 through March 20, 2026 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 as of January 31, 2026, provided that the Reporting Person remains in continuous service with the Issuer through each vesting date.

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