0001209191-23-020496.txt : 20230322
0001209191-23-020496.hdr.sgml : 20230322
20230322160805
ACCESSION NUMBER: 0001209191-23-020496
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: SPENCE ROBERT
CENTRAL INDEX KEY: 0001784306
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-04714
FILM NUMBER: 23752999
MAIL ADDRESS:
STREET 1: C/O SKYLINE CHAMPION CORPORATION
STREET 2: 755 WEST BIG BEAVER ROAD, 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
0001784306
SPENCE ROBERT
C/O SKYLINE CHAMPION CORPORATION
755 W. BIG BEAVER RD., SUITE 1000
TROY
MI
48084
0
1
0
0
SVP, Gen. Counsel & Secretary
0
Common Stock
2023-03-20
4
A
0
7081
0.00
A
31943
D
Common Stock
2023-03-20
4
A
0
7081
0.00
A
39024
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