Weber-Stephen Management Pool LLC 4
4 · Weber Inc. · Filed Nov 30, 2022
Insider Transaction Report
Form 4
Weber Inc.WEBR
Weber-Stephen Management Pool LLC
10% Owner
Transactions
- Other
Class B Common Stock
2022-11-28−30,259→ 7,647,375 total - Other
LLC Units of Weber HoldCo LLC
2022-11-28−30,259→ 7,647,375 total→ Class A Common Stock (30,259 underlying)
Footnotes (3)
- [F1]Reflects a distribution of shares of Class B Common Stock of the issuer (the "Class B Common Stock") and common units of Weber HoldCo LLC (the "LLC Units") held by an individual who holds corresponding units in the reporting person (each a "Management Holder").
- [F2]Class B Common Stock and LLC Units will be distributed to the applicable Management Holder who holds corresponding units in the reporting person, in which case, such Management Holder may require Weber HoldCo LLC to redeem the LLC Units for newly issued shares of the issuer's Class A common stock (the "Class A Common Stock") on a one-for-one basis (at which time, a corresponding number of shares of Class B Common Stock will also be cancelled on a one-for-one basis) or, at the issuer's election, an equivalent cash payment. The LLC Units do not expire.
- [F3]The reporting person has voting and dispositive power over shares held by it, which power is exercised by action of the three managers of the reporting person. Each manager has one vote, and the approval of a majority of the managers is required to approve an action. The reporting person disclaims beneficial ownership of the reported securities except to the extent of its pecuniary interests therein.