Wynnchurch Partners IV, L.P. - Jan 11, 2022 Form 4 Insider Report for Latham Group, Inc. (SWIM)

Role: Director, Other*, 10%+ Owner
Signature: /s/ See signatures attached as Exhibit 99.1
Stock symbol: SWIM
Transactions as of: Jan 11, 2022
Transactions value $: -$51,969,640
Form type: 4
Date filed: 1/12/2022, 03:33 PM

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SWIM	Common Stock, par value $0.0001 per share	Disposed to Issuer	-$50.5M	-2.7M	-15.67%	$18.67^*	14.5M	Jan 11, 2022	By: Wynnchurch Capital Partners IV, L.P.	F1, F2
transaction	SWIM	Common Stock, par value $0.0001 per share	Disposed to Issuer	-$1.52M	-81.4K	-15.67%	$18.67^*	438K	Jan 11, 2022	By: WC Partners Executive IV, L.P.	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents 2,702,021 shares of common stock sold to the Issuer by Wynnchurch Capital Partners IV, L.P. and 81,376 shares of common stock sold to the Issuer by WC Partners Executive IV, L.P.
F2	Wynnchurch Capital Partners IV, L.P. directly owns 14,545,703 shares of common stock and WC Partners Executive IV, L.P. directly owns 438,068 shares of common stock. The general partner of Wynnchurch Capital Partners IV, L.P. and WC Partners Executive IV, L.P. is Wynnchurch Partners IV, L.P. (the "General Partner"). The general partner of the General Partner is Wynnchurch Management, Ltd. ("WML"). WML and a limited partner committee consisting of other senior partners manage the General Partner, provided that WML's consent is required for any action, decision, consent or other determination. The sole director of WML is John Hatherly.

Content

Represents 2,702,021 shares of common stock sold to the Issuer by Wynnchurch Capital Partners IV, L.P. and 81,376 shares of common stock sold to the Issuer by WC Partners Executive IV, L.P.

Wynnchurch Capital Partners IV, L.P. directly owns 14,545,703 shares of common stock and WC Partners Executive IV, L.P. directly owns 438,068 shares of common stock. The general partner of Wynnchurch Capital Partners IV, L.P. and WC Partners Executive IV, L.P. is Wynnchurch Partners IV, L.P. (the "General Partner"). The general partner of the General Partner is Wynnchurch Management, Ltd. ("WML"). WML and a limited partner committee consisting of other senior partners manage the General Partner, provided that WML's consent is required for any action, decision, consent or other determination. The sole director of WML is John Hatherly.

Remarks:

The reporting persons are a member of a 10% group with (i) Pamplona Capital Partners V, L.P., Pamplona Equity Advisors V Ltd, Pamplona PE Investments Malta Limited, Pamplona Capital Management LLP, Pamplona Capital Management LLC, Pamplona Capital Management (PE) SL, Pamplona Capital Management (Monaco) SAM, John C. Halsted and Alexander Knaster (collectively, the "Pamplona Entities"), and (ii) Wynnchurch Capital Partners IV, L.P., WC Partners Executive IV, L.P. and Christopher O'Brien. None of the shares of common stock held by Pamplona Entities are reflected in this report. Christopher O'Brien currently serves as the reporting persons' representative on the Latham Group, Inc.'s board of directors, and therefore each reporting person may be deemed to be a "director by deputization" of Latham Group, Inc.