J. Mark Borseth - Jul 24, 2023 Form 4 Insider Report for Latham Group, Inc. (SWIM)

Role
INTERIM CFO
Signature
/s/ Patrick M. Sheller, Attorney-in-Fact
Stock symbol
SWIM
Transactions as of
Jul 24, 2023
Transactions value $
-$153,739
Form type
4
Date filed
7/25/2023, 08:44 PM
Previous filing
Feb 22, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SWIM Common Stock, par value $0.0001 per share Award $0 +213K +33.03% $0.00 859K Jul 24, 2023 Direct F1, F2
transaction SWIM Common Stock, par value $0.0001 per share Sale -$154K -39K -4.55% $3.94 820K Jul 25, 2023 Direct F3
holding SWIM Common Stock, par value $0.0001 per share 646K Jul 24, 2023 Direct
* 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 on 7/24/2023. The RSUs vest in two equal installments. 106,606 RSUs vested on July 24, 2023 and 106,606 RSUs will vest on December 27, 2023.
F2 Each RSU represents a contingent right to receive one share of the Issuer's common stock.
F3 Represents shares sold in an automatic "sell to cover" transaction to cover taxes due on the RSUs that vested on July 24, 2023.