YETI (YETI) Form 4 YETI / Roy J Seiders ownership change

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

Seiders Roy J

(Last) (First) (Middle)

C/O YETI HOLDINGS, INC.

7601 SOUTHWEST PARKWAY

(Street)

AUSTIN TX 78735

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
YETI Holdings, Inc. [ YETI ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
11/06/2020

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

	Form filed by One Reporting Person
X	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	11/06/2020		S		1,849	D	$58.96(1)	38,151	I	By RJS ICE Management LLC(2)(3)(4)
Common Stock	11/06/2020		S		63	D	$59.56(5)	38,088	I	By RJS ICE Management LLC(2)(3)(4)
Common Stock	11/06/2020		S		7,396	D	$58.96(1)	1,926,604	I	By RJS ICE LP(2)(3)(4)
Common Stock	11/06/2020		S		252	D	$59.56(5)	1,926,352	I	By RJS ICE LP(2)(3)(4)
Common Stock	11/09/2020		S		1,487	D	$53.95(6)	36,601	I	By RJS ICE Management LLC(2)(3)(4)
Common Stock	11/09/2020		S		210	D	$59.37(7)	36,391	I	By RJS ICE Management LLC(2)(3)(4)
Common Stock	11/09/2020		S		5,948	D	$53.95(6)	1,920,404	I	By RJS ICE LP(2)(3)(4)
Common Stock	11/09/2020		S		840	D	$59.37(7)	1,919,564	I	By RJS ICE LP(2)(3)(4)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

1. Name and Address of Reporting Person^*

Seiders Roy J

(Last) (First) (Middle)

C/O YETI HOLDINGS, INC.

7601 SOUTHWEST PARKWAY

(Street)

AUSTIN TX 78735

(City) (State) (Zip)

1. Name and Address of Reporting Person^*

RJS ICE Management, LLC

(Last) (First) (Middle)

C/O YETI HOLDINGS, INC.

7601 SOUTHWEST PARKWAY

(Street)

AUSTIN TX 78735

(City) (State) (Zip)

1. Name and Address of Reporting Person^*

RJS Ice, L.P.

(Last) (First) (Middle)

C/O YETI HOLDINGS, INC.

7601 SOUTHWEST PARKWAY

(Street)

AUSTIN TX 78735

(City) (State) (Zip)

Explanation of Responses:

1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $58.51 to $59.50 per share. The reporting person undertakes to provide full information regarding the number of shares sold at each separate price upon the request by the Securities and Exchange Commission staff, the Issuer or any security holder of the Issuer.

2. On August 18, 2020, RJS ICE 2, LP distributed all 4,000,000 shares of common stock of the Issuer held by it to its partners. Roy J. Seiders was the manager of RJS ICE Management, LLC, which was the general partner of RJS ICE 2, LP, and, as a result, previously reported all of the shares of the Issuer's common stock held by RJS ICE 2, LP. The distribution on August 18, 2020 resulted in no change to Roy J. Seiders' pecuniary interest in these shares.

3. Accordingly, following the distribution and prior to the sale transactions reported herein, Roy J. Seiders continued to have a pecuniary interest in 40,000 shares of common stock distributed to RJS ICE Management, LLC and 1,934,000 shares of common stock distributed to RJS ICE LP. Roy J. Seiders does not have a pecuniary interest in the remaining 2,026,000 shares of common stock distributed to the other partners of RJS ICE 2, LP and, accordingly, these shares are no longer reflected as beneficially owned, directly or indirectly, by Roy J. Seiders.

4. Roy J. Seiders is the manager of RJS ICE Management, LLC. RJS ICE Management, LLC is also the general partner of RJS ICE LP. Accordingly, Roy J. Seiders may be deemed to beneficially own the shares of common stock held by both RJS ICE Management, LLC and RJS ICE LP.

5. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $59.51 to $59.61 per share. The reporting person undertakes to provide full information regarding the number of shares sold at each separate price upon the request by the Securities and Exchange Commission staff, the Issuer or any security holder of the Issuer.

6. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $53.00 to $53.965 per share. The reporting person undertakes to provide full information regarding the number of shares sold at each separate price upon the request by the Securities and Exchange Commission staff, the Issuer or any security holder of the Issuer.

7. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $58.60 to $59.50 per share. The reporting person undertakes to provide full information regarding the number of shares sold at each separate price upon the request by the Securities and Exchange Commission staff, the Issuer or any security holder of the Issuer.

	ROY J. SEIDERS By: /s/ Bryan C. Barksdale as attorney-in-fact	11/10/2020
	RJS ICE MANAGEMENT, LLC By: /s/ Bryan C. Barksdale as attorney-in-fact	11/10/2020
	RJS ICE LP By: /s/ Bryan C. Barksdale as attorney-in-fact	11/10/2020
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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