4//SEC Filing
Champion Enterprises Holdings, LLC 4
Accession 0000899243-18-014275
CIK 0000090896other
Filed
May 28, 8:00 PM ET
Accepted
May 29, 4:57 PM ET
Size
8.3 KB
Accession
0000899243-18-014275
Insider Transaction Report
Form 4
SKYLINE CORPSKY
Champion Enterprises Holdings, LLC
10% Owner
Transactions
- Other
Common Stock
2018-05-29−0→ 0 total(indirect: See footnotes)
Footnotes (5)
- [F1]On January 5, 2018, the Reporting Person and the Issuer entered into a Share Contribution & Exchange Agreement (the "Exchange Agreement") pursuant to which the Reporting Person agreed to combine its operations with the Issuer. Concurrently with the execution of the Exchange Agreement, the Reporting Person entered into a Voting Agreement (the "Voting Agreement") with each of the shareholders of the Issuer signatory thereto the "Supporting Shareholders").
- [F2]Pursuant to the Voting Agreement, each Supporting Shareholder agreed, among other things, (i) not to transfer his shares of Common Stock other than as permitted by the Voting Agreement, and (ii) to vote his shares of Common Stock in favor of certain matters submitted for shareholder approval (the "Company Shareholder Approval Matters") (the provisions described in clauses (i) and (ii), collectively, the "Voting Provisions"). Also pursuant to the Voting Agreement, each Supporting Shareholder appointed the Reporting Person as irrevocable proxy and attorney-in-fact to vote such Supporting Shareholder's shares of Common Stock in favor of the Company Shareholder Approval Matters (the "Proxy").
- [F3]On January 16, 2018 the Reporting Person filed a Form 3 solely because, as a result of the Proxy, the Reporting Person may have been deemed to share beneficial ownership, for purposes of Section 13(d) of the Securities Exchange Act of 1934, as amended (the "Act"), of the 1,490,864 shares of Common Stock beneficially owned by the Supporting Shareholders.
- [F4]On May 29, 2018, the affirmative vote necessary to approve each of the Company Shareholder Approval Matters was obtained and the Voting Provisions and the Proxy automatically terminated in accordance with the terms of the Voting Agreement. To the extent the Reporting Person may have been deemed to beneficially own shares of Common Stock as a result of the Proxy, upon the termination of the Proxy, the Reporting Person no longer beneficially owns any shares of Common Stock.
- [F5]Neither the filing of this statement nor any of its content shall be deemed to constitute an admission by the Reporting Person that it is the beneficial owner of any shares of Common Stock for purposes of Sections 13(d) or 16 of the Act or for any other purpose. The Reporting Person does not and did not have any pecuniary interest (as defined in Rule 16a-1(a)(2) under the Act) in any of the shares of Common Stock subject to the Proxy and expressly disclaims beneficial ownership of such shares.
Documents
Issuer
SKYLINE CORP
CIK 0000090896
Entity typeother
IncorporatedDE
Related Parties
1- filerCIK 0001728066
Filing Metadata
- Form type
- 4
- Filed
- May 28, 8:00 PM ET
- Accepted
- May 29, 4:57 PM ET
- Size
- 8.3 KB