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Champion Homes, Inc. — Director's Dealing 2021
Jan 5, 2021
31138_dirs_2021-01-05_15a3b33b-89bf-4db2-b87c-9b04711c1e40.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Skyline Champion Corp (SKY)
CIK: 0000090896
Period of Report: 2021-01-04
Reporting Person: SPENCE ROBERT (SVP, Gen. Counsel & Secretary)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-01-04 | Common Stock | A | 3124 | $0.00 | Acquired | 13760 | Direct |
| 2021-01-04 | Common Stock | A | 3645 | $0.00 | Acquired | 17405 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-01-04 | Stock Option (Right to Buy) | $31.21 | A | 8255 | Acquired | 2031-01-04 | Common Stock (8255) | 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 the RSUs vests on each of the first three anniversaries of January 4, 2021, 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 the PRSUs (including up to 150%) is dependent on the Issuer's total shareholder return from January 4, 2021 through January 4, 2024 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: 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 4, 2021, provided that the Reporting Person remains in continuous service with the Issuer through each vesting date.