Latham Group, Inc. 10-Q

Item 2. Unregistered Sales of Equity Securities and Use of Proceeds On May 10, 2022, we approved a stock repurchase program, which authorized us to repurchase up to $100.0 million of our shares of common stock over the next three years. We may effect these repurchases in open market transactions, privately negotiated purchases or other acquisitions. We are not obligated to repurchase any of our shares of our common stock under the program and the timing and amount of any repurchases will depend on market conditions, our stock price, alternative uses of capital, the terms of our debt instruments and other factors. The following table shows the total number of shares repurchased on a trade date basis during the fiscal quarter ended July 2, 2022. ​ ISSUER PURCHASES OF EQUITY SECURITIES ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Period Total number of shares purchased ​ Average price paid per share ​ Total number of shares purchased as part of publicly announced plan ​ Approximate dollar value of shares that may yet be purchased under the plan ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (in thousands) April 3, 2022 - April 30, 2022 ​ ​ — ​ $ — ​ ​ — ​ $ — May 1, 2022 - May 28, 2022 ​ — ​ ​ — ​ — ​ 100,000 May 29, 2022 - July 2, 2022 ​ 2,026,231 ​ ​ 7.40 ​ 2,026,231 ​ 85,000 Total ​ 2,026,231 ​ $ 7.40 ​ 2,026,231 ​ $ 85,000 ​ ​ ​ ​ 42 Table of Contents Item 6. Exhibits Exhibit ​ No. ​ Description 10.1* ​ Employment Agreement by and between Robert L. Masson II and Latham Pool Products, Inc., dated June 9, 2022 10.2* ​ Retirement Agreement by and between J. Mark Borseth and Latham Pool Products, Inc., dated June 12, 2022 31.1* ​ Certification of CEO, pursuant to SEC Rule 13a-14(a) and 15d-14(a) (filed herewith) 31.2* ​ Certification of CFO, pursuant to SEC Rule 13a-14(a) and 15d-14(a) (filed herewith) 32.1** ​ Certification by the CEO, pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 (furnished herewith) 32.2** ​ Certification by the CFO, pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 (furnished herewith) 101.INS ​ Inline XBRL Instance Document - the instance document does not appear in the Interactive Data File because its XBRL tags are embedded within the Inline XBRL document 101.SCH ​ Inline XBRL Taxonomy Extension Schema Document 101.CAL ​ Inline XBRL Taxonomy Extension Calculation Linkbase Document 101.DEF ​ Inline XBRL Taxonomy Extension Definition Linkbase Document 101.LAB ​ Inline XBRL Taxonomy Extension Label Linkbase Document 101.PRE ​ Inline XBRL Taxonomy Extension Presentation Linkbase Document 104 ​ Cover Page Interactive Data File (formatted as inline XBRL and contained in Exhibit 101) * ​ Filed herewith. ​ ​ ​ ** ​ A signed original of the written statement required by Section 906 has been provided to the Company and will be retained by the Company and forwarded to the SEC or its staff upon request. ​ ​ ​ ​ 43 Table of Contents SIGNATURES ​ Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. ​ Date August 11, 2022 ​ ​ ​ ​ LATHAM GROUP, INC. ​ ​ ​ /s/ Robert L. Masson II ​ Robert L. Masson II ​ Chief Financial Officer ​ (Principal Financial Officer) ​ ​ ​ ​ ​ 44