0001209191-23-020492.txt : 20230322 0001209191-23-020492.hdr.sgml : 20230322 20230322160657 ACCESSION NUMBER: 0001209191-23-020492 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20230320 FILED AS OF DATE: 20230322 DATE AS OF CHANGE: 20230322 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Larson Timothy Mark CENTRAL INDEX KEY: 0001867111 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-04714 FILM NUMBER: 23752983 MAIL ADDRESS: STREET 1: C/O SKYLINE CHAMPION CORPORATION STREET 2: 755 W. BIG BEAVER RD., SUITE 1000 CITY: TROY STATE: MI ZIP: 48084 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Skyline Champion Corp CENTRAL INDEX KEY: 0000090896 STANDARD INDUSTRIAL CLASSIFICATION: MOBILE HOMES [2451] IRS NUMBER: 351038277 STATE OF INCORPORATION: IN FISCAL YEAR END: 0401 BUSINESS ADDRESS: STREET 1: 755 W BIG BEAVER ROAD STREET 2: SUITE 1000 CITY: TROY STATE: MI ZIP: 48084 BUSINESS PHONE: 248 614 8211 MAIL ADDRESS: STREET 1: 755 W BIG BEAVER ROAD STREET 2: SUITE 1000 CITY: TROY STATE: MI ZIP: 48084 FORMER COMPANY: FORMER CONFORMED NAME: SKYLINE CORP DATE OF NAME CHANGE: 19920703 4 1 doc4.xml FORM 4 SUBMISSION X0407 4 2023-03-20 0 0000090896 Skyline Champion Corp SKY 0001867111 Larson Timothy Mark 755 W. BIG BEAVER ROAD SUITE 1000 TROY MI 48084 0 1 0 0 Chief Growth Officer 0 Common Stock 2023-03-20 4 A 0 10700 0.00 A 31620 D Common Stock 2023-03-20 4 A 0 10700 0.00 A 42320 D The Compensation Committee resolved to move the issuance of grants under the 2018 Equity Incentive Plan from the first trading day in January, when the Company had historically issued grants, to the second half of March for 2023 and for future grants. This is in alignment with the completion of the fiscal year of the Company. As a result of the move, the Committee made a one-time adjustment in the target amount of the grants to be issued in 2023, issuing 125% of the target annual grant. 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 March 20, 2023, provided that the Reporting Person remains in continuous service with the Issuer through each vesting date. 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 200%) is 60% dependent on the total shareholder return of Issuer from March 20, 2023 through March 20, 2026 relative to the total shareholder return of certain other companies over that same time period, and 40% dependent on the market share of single family completions of Issuer as of January 31, 2026, provided that the Reporting Person remains in continuous service with the Issuer through each vesting date. /s/ Caren A. Ries, Attorney-in-Fact 2023-03-22