Sanjeev Bahl - May 2, 2023 Form 4 Insider Report for Latham Group, Inc. (SWIM)

Role
CHIEF OPERATING OFFICER
Signature
/s/ Patrick M. Sheller, Attorney-in-Fact
Stock symbol
SWIM
Transactions as of
May 2, 2023
Transactions value $
$0
Form type
4
Date filed
5/4/2023, 05:21 PM
Previous filing
Mar 3, 2023
Next filing
Jan 25, 2024

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction SWIM Stock Appreciation Right Award $0 +104K $0.00 104K May 2, 2023 Common Stock, par value $0.0001 per share 104K $3.24 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The stock appreciation right ("SAR") was granted and effective on March 1, 2023, subject to stockholder approval of an amendment to the Latham Group, Inc. 2021 Omnibus Equity Incentive Plan, which was received on May 2, 2023. The SAR will vest in four equal installments (rounded down to the nearest whole number) on each anniversary of March 1, 2023.