Champion Homes, Inc. — Director's Dealing 2020

Jan 6, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Skyline Champion Corp (SKY)
CIK: 0000090896
Period of Report: 2020-01-02

Reporting Person: LYALL JONATHAN WADE (EVP)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-01-02	Common Stock	A	4968	$0.00	Acquired	34653	Direct
2020-01-02	Common Stock	A	5796	$0.00	Acquired	40449	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-01-02	Stock Option (Right to Buy)	$32.11	A	18000	Acquired	2030-01-02	Common Stock (18000)	Direct

Footnotes

F1: 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 3,312 of the RSUs vests on each of the first three anniversaries of January 2, 2020, and one-third of the remaining 1,656 RSUs vests on each of the first three anniversaries of July 1, 2019, provided that the Reporting Person remains in continuous service with the Issuer through each
vesting date.

F2: 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 3,864 of the PRSUs (including up to 150%) is dependent on the Issuer's total shareholder return from January 2, 2020 through January 2, 2023, and vesting of a percentage of 1,932 of the PRSUs (including up to 150%) is dependent on the Issuer's total shareholder return from July 1, 2019 through July 1, 2022, relative to the total shareholder return of certain other companies over that same time period, provided that the Reporting Person remains in continuous service with the Issuer through each vesting date.

F3: 11,905 of the stock options will vest as to one-third of the shares subject to the stock option on each of of the first three anniversaries of January 2, 2020, and 6,095 of the stock options will vest as to one-third of the shares subject to the stock option on each of the first three anniversaries of July 1, 2019, provided that the Reporting Person remains in continuous service with the Issuer through each vesting date.