4//SEC Filing
Engaged Capital LLC 4
Accession 0000921895-23-002660
CIK 0001891101other
Filed
Nov 15, 7:00 PM ET
Accepted
Nov 16, 4:25 PM ET
Size
17.6 KB
Accession
0000921895-23-002660
Insider Transaction Report
Form 4
BRC Inc.BRCC
Engaged Capital LLC
10% Owner
Transactions
- Purchase
Class A Common Stock
2023-11-15$3.27/sh+200,000$653,440→ 12,651,018 total(indirect: By: Engaged Capital Flagship Master Fund, LP)
Holdings
- 67,637
Class A Common Stock
- 506,092(indirect: By Trust)
Class A Common Stock
Welling Glenn W.
Director10% Owner
Transactions
- Purchase
Class A Common Stock
2023-11-15$3.27/sh+200,000$653,440→ 12,651,018 total(indirect: By: Engaged Capital Flagship Master Fund, LP)
Holdings
- 506,092(indirect: By Trust)
Class A Common Stock
- 67,637
Class A Common Stock
Transactions
- Purchase
Class A Common Stock
2023-11-15$3.27/sh+200,000$653,440→ 12,651,018 total(indirect: By: Engaged Capital Flagship Master Fund, LP)
Holdings
- 67,637
Class A Common Stock
- 506,092(indirect: By Trust)
Class A Common Stock
Engaged Capital II Offshore, Ltd.
10% Owner
Transactions
- Purchase
Class A Common Stock
2023-11-15$3.27/sh+200,000$653,440→ 12,651,018 total(indirect: By: Engaged Capital Flagship Master Fund, LP)
Holdings
- 506,092(indirect: By Trust)
Class A Common Stock
- 67,637
Class A Common Stock
Engaged Capital Holdings, LLC
10% Owner
Transactions
- Purchase
Class A Common Stock
2023-11-15$3.27/sh+200,000$653,440→ 12,651,018 total(indirect: By: Engaged Capital Flagship Master Fund, LP)
Holdings
- 506,092(indirect: By Trust)
Class A Common Stock
- 67,637
Class A Common Stock
ENGAGED CAPITAL II LP
10% Owner
Transactions
- Purchase
Class A Common Stock
2023-11-15$3.27/sh+200,000$653,440→ 12,651,018 total(indirect: By: Engaged Capital Flagship Master Fund, LP)
Holdings
- 67,637
Class A Common Stock
- 506,092(indirect: By Trust)
Class A Common Stock
Footnotes (3)
- [F1]This Form 4 is filed jointly by Engaged Capital Flagship Master Fund, LP ("Engaged Capital Flagship Master"), Engaged Capital Flagship Fund, LP ("Engaged Capital Fund"), Engaged Capital Flagship Fund, Ltd. ("Engaged Capital Offshore"), Engaged Capital, LLC ("Engaged Capital"), Engaged Capital Holdings, LLC ("Engaged Holdings") and Glenn W. Welling (collectively, the "Reporting Persons"). Each of the Reporting Persons may be deemed to be a member of a Section 13(d) group that collectively beneficially owns more than 10% of BRC Inc.'s (the "Issuer") outstanding Class A Common Stock. Mr. Welling is a director of the Issuer. Each of the Reporting Persons disclaims beneficial ownership of the securities reported herein except to the extent of his or its pecuniary interest therein.
- [F2]Securities owned directly by Engaged Capital Flagship Master. As feeder funds of Engaged Capital Flagship Master, each of Engaged Capital Fund and Engaged Capital Offshore may be deemed to beneficially own the securities owned directly by Engaged Capital Flagship Master. As the general partner and investment adviser of Engaged Capital Flagship Master, Engaged Capital may be deemed to beneficially own the securities owned directly by Engaged Capital Flagship Master. Engaged Holdings, as the managing member of Engaged Capital, may be deemed to beneficially own the securities owned directly by Engaged Capital Flagship Master. Mr. Welling, by virtue of his position as the founder and Chief Investment Officer of Engaged Capital, and as the sole member of Engaged Holdings, may be deemed to beneficially own the securities owned directly by Engaged Capital Flagship Master.
- [F3]Securities held in the Welling Family Trust. Mr. Welling, as Trustee of the Welling Family Trust, may be deemed to beneficially own the securities held in the Welling Family Trust.
Documents
Issuer
BRC Inc.
CIK 0001891101
Entity typeother
IncorporatedDE
Related Parties
1- filerCIK 0001559771
Filing Metadata
- Form type
- 4
- Filed
- Nov 15, 7:00 PM ET
- Accepted
- Nov 16, 4:25 PM ET
- Size
- 17.6 KB