SCHOLTEN ROGER K 4
4 · Skyline Champion Corp · Filed Jan 7, 2019
Insider Transaction Report
Form 4
SCHOLTEN ROGER K
SVP, General Counsel & Sec'y
Transactions
- Award
Common Stock
2019-01-03+13,125→ 201,782 total - Award
Common Stock
2019-01-03+11,250→ 188,657 total - Award
Stock Option (Right to Buy)
2019-01-03+13,125→ 13,125 totalExercise: $15.00Exp: 2029-01-03→ Common Stock (13,125 underlying)
Footnotes (3)
- [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 July 1, 2018, 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 July 1, 2018 through July 1, 2021 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 option will vest as to one-third of the shares subject to the stock option on each of July 1, 2019, July 1, 2020 and July 1, 2021, provided that the Reporting Person remains in continuous service with the Issuer through each vesting date.