Latham Group, Inc. — Director's Dealing 2021

Dec 17, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Latham Group, Inc. (SWIM)
CIK: 0001833197
Period of Report: 2021-12-16

Reporting Person: Duva Jason A (Gen. Counsel & Chief Admin Off)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-12-16	Common Stock, par value $0.0001 per share	M	51316	—	Acquired	56316	Direct
2021-12-16	Common Stock, par value $0.0001 per share	F	25968	$24.475	Disposed	30348	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-12-16	Restricted Stock Units	$	M	51316	Disposed		Common Stock (51316)	Direct
2021-04-22	Stock option (right to buy)	$19	A	72738	Acquired	2031-04-22	Common Stock (72738)	Direct

Footnotes

F1: Represents the settlement upon vesting of restricted stock units.

F2: The reporting person is reporting the withholding by the Issuer of an aggregate of 26,187 shares of common stock (from the shares of common stock issued upon settlement upon vesting of restricted stock units) to satisfy payment of the reporting person's tax withholding obligations.

F3: Restricted stock units convert into common stock on a one-for-one basis.

F4: The reporting person was granted these restricted stock units on April 27, 2021, with the restricted stock units vesting on the nine-month anniversary of April 27, 2021. The vesting of the restricted stock units was accelerated to December 15, 2021.

F5: The stock options were issued on 4/22/2021 and will vest in four equal installments (rounded to the nearest whole number) on each anniversary of April 22, 2021.