SEC Form 4 · accession 0001567619-19-006174
Champion Homes, Inc. · SKY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owners
Period of report
Mar 5, 2019
Accepted (ET)
Mar 5, 2019 · 5:24 pm EST
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,F4,F6 | Mar 5, 2019 | S | 3,486,766 | $20.212 | D | 0 | I | See footnotes |
| Common StockF1,F3,F5,F6 | Mar 5, 2019 | S | 1,300,365 | $20.212 | D | 0 | I | See footnotes |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1This amount represents the $20.46 public offering price per share of common stock of Skyline Champion Corporation ("Common Stock"), less the underwriting discount of $0.248 per share of Common Stock.
- F2Sankaty Champion Holdings, LLC ("SCH") was the record owner of these shares of Common Stock.
- F3Sankaty Credit Opportunities IV, L.P. ("SCO IV") was the record owner of these shares of Common Stock.
- F4Bain Capital Credit Member, LLC ("BCCM") is the manager of SCH and, by virtue of its relationship to SCH, may be deemed to have indirectly beneficially owned (within the meaning of Rule 13d-3 under the Securities Exchange Act of 1934, as amended (the "Act")) the shares of Common Stock of which SCH was the record owner. BCCM disclaims beneficial ownership of the shares of Common Stock of which SCH was the record owner, except to the extent of its pecuniary interest therein.
- F5Sankaty Credit Opportunities Investors IV, LLC ("SCOI IV") is the sole general partner of SCO IV and may be deemed to have indirectly beneficially owned (within the meaning of Rule 13d-3 under the Act) the shares of Common Stock of which SCO IV was the record owner. BCCM is the managing member of SCOI IV and may be deemed to have indirectly beneficially owned (within the meaning of Rule 13d-3 under the Act) the shares of Common Stock which SCOI IV may be deemed to have indirectly beneficially owned. Each of BCCM and SCOI IV disclaims beneficial ownership of the shares of which SCO IV was the record owner, except to the extent of their respective pecuniary interest therein.
- F6Each of BCCM, SCH, SCO IV and SCOI IV may be deemed to have been a member of a "group" (within the meaning of Rule 13d-5 under the Act) whose members in the aggregate beneficially owned more than 10% of the outstanding shares of the Issuer's Common Stock. However, none of BCCM, SCH, SCO IV or SCOI IV today beneficially own any shares of Skyline Champion Corporation's Common Stock, and each of BCCM, SCH, SCO IV and SCOI IV disclaim membership in any such group.