SCHOLTEN ROGER K 4
4 · Skyline Champion Corp · Filed Aug 10, 2018
Insider Transaction Report
Form 4
SCHOLTEN ROGER K
SVP, General Counsel & Sec'y
Transactions
- Sale
Common Stock
2018-08-10$22.00/sh−1,662$36,564→ 189,780 total
Footnotes (2)
- [F1]This price represents the public offering price of $22.00 per share of Common Stock in the Issuer's underwritten public offering, without giving effect to the underwriting discount of $1.21 per share. Sale proceeds to the Reporting Person were $20.79 per share.
- [F2]Includes 101,261 shares that have the opportunity to first vest on the 180th day following a secondary offering of Common Stock by the Issuer subject to a return on investment of certain of the Issuer's stockholders. Shares of Common Stock that do not vest as of the 180th day following such secondary offering shall vest upon the achievement of certain average share price targets of the Issuer's Common Stock that will be determined at the time of the secondary offering. The shares of Common Stock described in this paragraph will also have the opportunity to vest in connection with a change of control of the Issuer based on the achievement of certain performance thresholds. In each case, vesting is subject to the continuous employment of the Reporting Person through the applicable vesting event. Any shares of Common Stock that have not vested within two years following the secondary offering shall be forfeited and transferred back to the Issuer.