Sankaty Champion Form 4 Change in insider ownership

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

OMB APPROVAL

OMB Number:	3235-0287
Estimated average burden
hours per response:	0.5

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^*

BAIN CAPITAL CREDIT MEMBER, LLC

(Last) (First) (Middle)

C/O BAIN CAPITAL CREDIT, LP

200 CLARENDON STREET

(Street)

BOSTON MA 02116

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Skyline Champion Corp [ SKY ]

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

	Director	X	10% Owner
	Officer (give title below)	X	Other (specify below)
See Footnote (6)

3. Date of Earliest Transaction (Month/Day/Year)
08/10/2018

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	08/10/2018		S		313,675	D	$20.79(1)	7,703,684	I	See footnotes(2)(4)
Common Stock	08/10/2018		S		116,984	D	$20.79(1)	2,873,036	I	See footnotes(3)(5)(6)

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^*

BAIN CAPITAL CREDIT MEMBER, LLC

(Last) (First) (Middle)

C/O BAIN CAPITAL CREDIT, LP

200 CLARENDON STREET

(Street)

BOSTON MA 02116

(City) (State) (Zip)

1. Name and Address of Reporting Person^*

Sankaty Champion Holdings, LLC

(Last) (First) (Middle)

C/O BAIN CAPITAL CREDIT, LP

200 CLARENDON STREET

(Street)

BOSTON MA 02116

(City) (State) (Zip)

1. Name and Address of Reporting Person^*

SANKATY CREDIT OPPORTUNITIES IV LP

(Last) (First) (Middle)

C/O BAIN CAPITAL CREDIT, LP

200 CLARENDON STREET

(Street)

BOSTON MA 02116

(City) (State) (Zip)

1. Name and Address of Reporting Person^*

Sankaty Credit Opportunities Investors IV, LLC

(Last) (First) (Middle)

C/O BAIN CAPITAL CREDIT, LP

200 CLARENDON STREET

(Street)

BOSTON MA 02116

(City) (State) (Zip)

Explanation of Responses:

1. This amount represents the $22.00 public offering price per share of Common Stock of Skyline Champion Corporation ("Common Stock"), less the underwriting discount of $1.21 per share of Common Stock.

2. Sankaty Champion Holdings, LLC ("SCH") is the record owner of these shares of Common Stock.

3. Sankaty Credit Opportunities IV, L.P. ("SCO IV") is the record owner of these shares of Common Stock.

4. Bain Capital Credit Member, LLC ("BCCM") is the manager of SCH and, by virtue of its relationship to SCH, may be deemed to indirectly beneficially own (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 is the record owner. BCCM disclaims beneficial ownership of the shares of Common Stock of which SCH is the record owner, except to the extent of its pecuniary interest therein.

5. Sankaty Credit Opportunities Investors IV, LLC ("SCOI IV") is the sole general partner of SCO IV and may be deemed to indirectly beneficially own (within the meaning of Rule 13d-3 under the Act) the shares of Common Stock of which SCO IV is the record owner. BCCM is the managing member of SCOI IV and may be deemed to indirectly beneficially own (within the meaning of Rule 13d-3 under the Act) the shares of Common Stock which SCOI IV may be deemed to indirectly beneficial own. Each of BCCM and SCOI IV disclaims beneficial ownership of the shares of which SCO IV is the record owner, except to the extent of their respective pecuniary interest therein.

6. Each of SCO IV and SCOI IV 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. However, each of SCO IV and SCOI IV disclaim membership in any such group.

	Bain Capital Credit Member, LLC, by /s/ Andrew S. Viens, Executive Vice President	08/14/2018
	Sankaty Champion Holdings, LLC, by Bain Capital Credit Member, LLC, its manager, by /s/ Andrew S. Viens, Executive Vice President	08/14/2018
	Sankaty Credit Opportunities Investors IV, LLC, by Bain Capital Credit Member, LLC, its managing member, by /s/ Andrew S. Viens, Executive Vice President	08/14/2018
	Sankaty Credit Opportunities IV, L.P., by Sankaty Credit Opportunities Investors IV, LLC, its general partner, by Bain Capital Credit Member, LLC, its managing member, by /s/ Andrew S. Viens, Executive Vice President	08/14/2018
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.