Eifion Jones - Jul 11, 2023 Form 4 Insider Report for Hayward Holdings, Inc. (HAYW)

Role
Senior Vice President and CFO
Signature
/s/ Susan Canning, attorney-in-fact
Stock symbol
HAYW
Transactions as of
Jul 11, 2023
Transactions value $
-$487,307
Form type
4
Date filed
7/13/2023, 05:46 PM
Previous filing
Jun 30, 2023
Next filing
Aug 7, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HAYW Common Stock Options Exercise $7.53K +5.38K +2.54% $1.40* 217K Jul 11, 2023 Direct
transaction HAYW Common Stock Sale -$72.7K -5.38K -2.48% $13.51 212K Jul 11, 2023 Direct F1
transaction HAYW Common Stock Options Exercise $48.5K +34.6K +16.34% $1.40* 246K Jul 12, 2023 Direct
transaction HAYW Common Stock Sale -$471K -34.6K -14.05% $13.59 212K Jul 12, 2023 Direct F2

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 HAYW Stock Options (Right to Buy) Options Exercise $0 -5.38K -0.47% $0.00 1.13M Jul 11, 2023 Common Stock 5.38K $1.40 Direct F3
transaction HAYW Stock Options (Right to Buy) Options Exercise $0 -34.6K -3.05% $0.00 1.1M Jul 12, 2023 Common Stock 34.6K $1.40 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The price reported is a weighted average price. These shares were sold in multiple transactions ranging from $13.50 to $13.535, inclusive. The Reporting Person undertakes to provide to the Company, any security holder of the Company or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range.
F2 The price reported is a weighted average price. These shares were sold in multiple transactions ranging from $13.50 to $13.675, inclusive. The Reporting Person undertakes to provide to the Company, any security holder of the Company or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range.
F3 This option is vested as to 80% of the initial underlying shares of Common Stock. The option vests as to the remaining 20% of the initial underlying shares of Common Stock in two equal installments, on April 20, 2024 and April 20, 2025.