SEC Form 4 · accession 0001019056-18-001023
Champion Homes, Inc. · SKY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owners
MAK CAPITAL ONE LLC
10% Owner
MAK Capital Fund LP
Other
Michael A Kaufman
Director · 10% Owner
David Nicholas Smith
Director
Period of report
Sep 25, 2018
Accepted (ET)
Sep 25, 2018 · 5:16 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000090896
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2,F3,F5,F6 | Sep 25, 2018 | S | 2,712,722 | $27.9338 | D | 4,883,524 | I | See Footnotes |
| Common StockF1,F2,F4,F5,F6 | Sep 25, 2018 | S | 1,003,336 | $27.9338 | D | 1,806,235 | I | See Footnotes |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1An aggregate of 484,703 of these shares were sold as a result of the underwriters exercising their 30-day option to purchase additional shares of Common Stock in the underwritten public offering.
- F2This amount represents the $29.25 public offering price per share of Common Stock of Skyline Champion Corporation ("Common Stock"), less the underwriting discount of $1.31625 per share of Common Stock.
- F3These shares of Common Stock are held by MAK Champion Investment LLC ("MAK Champion") which is owned by MAK Capital Fund LP ("MAK Fund").
- F4These shares of Common Stock are held by MAK-ro Capital Master Fund LP (the "MAK-ro Fund").
- F5MAK Capital One LLC ("MAK Capital One") acts as the investment manager of MAK Fund and the MAK-ro Fund. Michael A. Kaufman is the managing member of MAK Capital One and the controlling person of MAK Champion, MAK Fund and the MAK-ro Fund.
- F6MAK Capital One, Michael A. Kaufman and David N. Smith may be deemed to indirectly beneficially own the shares of common stock held by MAK Champion and the MAK-ro Fund, however each of MAK Capital One, Mr. Kaufman and Mr. Smith disclaims beneficial ownership of such securities, except to the extent of its or his pecuniary interest therein.
Remarks
(7) Each of MAK Champion, MAK Fund and MAK-ro Fund may be deemed to be a member of a "group" (within the meaning of Rule 13d-5 under the Act) whose members in the aggregate beneficially own more than 10% of the outstanding shares of the Issuer's Common Stock.