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Latham Group, Inc. — Director's Dealing 2023
Jan 26, 2023
32304_dirs_2023-01-25_76a0fd4b-487d-4b97-bf3d-6e5fc18c73bd.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Latham Group, Inc. (SWIM)
CIK: 0001833197
Period of Report: 2023-01-24
Reporting Person: Bahl Sanjeev (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-01-24 | Common Stock, par value $0.0001 per share | M | 10288 | — | Acquired | 30864 | Direct |
| 2023-01-24 | Common Stock, par value $0.0001 per share | S | 3653 | $3.58 | Disposed | 27211 | Direct |
Footnotes
F1: Represents restricted stock units ("RSUs") granted on 02/01/2022. The RSUs will vest in three equal installments on each anniversary of January 24, 2022. 10,288 RSUs vested on January 24, 2023. 10,288 RSUs will vest on January 24, 2024 and 10,288 RSUs will vest on January 24, 2025.
F2: Each RSU represents a contingent right to receive one share of the Issuer's common stock.
F3: The reporting person has previously reported awards of RSUs in Table II of Form 4. The total reported in column 5 includes 20,576 RSUs previously reported in Table II and 10,288 shares of common stock.
F4: Represents shares of common stock sold in an automatic "sell-to-cover" transaction to cover taxes due on the RSUs that vested on Janaury 24, 2023.
F5: The reporting person has previously reported awards of RSUs in Table II of Form 4. The total reported in column 5 includes 20,576 RSUs previously reported in Table II and 6,635 shares of common stock.