Champion Homes, Inc. — Director's Dealing 2017

Nov 7, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SKYLINE CORP (SKY)
CIK: 0000090896
Period of Report: 2017-11-02

Reporting Person: GENDELL JEFFREY L ET AL (10% Owner)
Reporting Person: TONTINE ASSET ASSOCIATES, L.L.C. (10% Owner)
Reporting Person: TONTINE CAPITAL OVERSEAS MASTER FUND II, L.P. (10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-11-02	Common Stock, $.0277 Par Value	P	5000	$12.12	Acquired	1211879	Indirect
2017-11-03	Common Stock, $.0277 Par Value	P	4648	$12.45	Acquired	1216527	Indirect

Footnotes

F1: This report is filed jointly by Tontine Capital Overseas Master Fund II, L.P., a Cayman Islands limited partnership ("TCP 2"), Tontine Asset Associates, L.L.C., a Delaware limited liability company ("TAA") and Jeffrey L. Gendell ("Mr. Gendell"). Mr. Gendell is the managing member of TAA, the general partner of TCP 2.

F2: On November 2, 2017, TCP 2 acquired 5,000 shares of Common Stock at a weighted average price of $12.12 per share. These shares were acquired in multiple transactions at prices ranging from $11.70 to $12.35, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares acquired at each separate price within the range set forth in this footnote.

F3: On November 3, 2017, TCP 2 acquired 4,648 shares of Common Stock at a weighted average price of $12.45 per share. These shares were acquired in multiple transactions at prices ranging from $12.20 to $12.50, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares acquired at each separate price within the range set forth in this footnote.

F4: TCP 2 directly owns all 1,216,527 shares of Common Stock reported herein.

F5: All of the foregoing securities may be deemed to be beneficially owned by Mr. Gendell and/or by TAA. Mr. Gendell disclaims beneficial ownership of the Issuer's securities reported herein for purposes of Section 16(a) under the Securities Exchange Act of 1934, as amended, or otherwise, except as to securities directly owned by Mr. Gendell or representing Mr. Gendell's pro rata interest in, and interest in the profits of, TAA and TCP 2. TAA disclaims beneficial ownership of the Issuer's securities reported herein for purposes of Section 16(a) under the Securities Exchange Act of 1934, as amended, or otherwise, except as to securities directly owned by TAA or representing TAA's pro rata interest in, and interest in the profits of, TCP 2.