Coliseum Capital Management, LLC - Jun 15, 2023 Form 4 Insider Report for Lazydays Holdings, Inc. (LAZY)

Signature
Coliseum Capital Management, LLC, By: /s/ Thomas Sparta, Attorney-in-fact Thomas Sparta, Attorney-in-fact
Stock symbol
LAZY
Transactions as of
Jun 15, 2023
Transactions value $
$0
Form type
4
Date filed
6/20/2023, 04:25 PM
Previous filing
Jun 16, 2023
Next filing
Jun 22, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LAZY Common Stock, par value $0.0001 ("Common Stock") Award $0 +8.65K +0.14% $0.00 6.2M Jun 15, 2023 See footnotes F1, F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On June 15, 2023, Christopher Shackelton ("Shackelton") was awarded 8,654 restricted stock units ("RSUs") under the Issuer's Amended and Restated 2018 Long Term Incentive Plan, 100% of which will vest on June 15, 2024 provided that Shackelton remains on the board of directors of the Issuer. With respect to each RSU that becomes vested, the grantee will be provided with one share of Common Stock. Shackelton assigned to Coliseum Capital Partners, L.P. ("CCP") the right to receive all compensation (including equity compensation) that Shackelton would otherwise receive as a director of the Issuer.
F2 The shares of Common Stock reported herein are held directly by (a) CCP, an investment limited partnership of which Coliseum Capital, LLC, a Delaware limited liability company ("CC"), is general partner and for which Coliseum Capital Management, LLC, a Delaware limited liability company ("CCM"), serves as investment adviser and (b) a separate account investment advisory client of CCM (the "Separate Account").
F3 Shackelton and Adam Gray ("Gray") are managers of and have an ownership interest in each of CCM and CC. Each of Shackelton, Gray, CCP, the Separate Account, CC and CCM disclaims beneficial ownership of these securities except to the extent of that person's pecuniary interest therein.
F4 Following the transactions reported herein, CCP directly owned 5,453,996 shares of Common Stock and 8,654 restricted stock units, and the Separate Account directly owned 736,054 shares of Common Stock.

Remarks:

Shackelton is a director of the Issuer. As a result, the following persons may be deemed directors by deputization of the Issuer solely for purposes of Section 16 of the Securities Exchange Act of 1934, as amended: CCM, CC, CCP, and Gray.