4//SEC Filing
Horton William J 4
Accession 0000950103-23-000360
CIK 0001857951other
Filed
Jan 9, 7:00 PM ET
Accepted
Jan 10, 9:31 PM ET
Size
15.1 KB
Accession
0000950103-23-000360
Insider Transaction Report
Form 4
Weber Inc.WEBR
Horton William J
Chief Financial Officer
Transactions
- Conversion
Profits Units in Weber HoldCo LLC
2023-01-06−448,848.93→ 224,424.47 total(indirect: See footnotes)Exercise: $7.50→ Class A Common Stock (448,848.93 underlying) - Conversion
LLC Units in Weber HoldCo LLC
2023-01-06+160,942→ 160,942 total(indirect: See footnotes)Exercise: $0.00→ Class A Common Stock (160,942 underlying) - Conversion
Profits Units in Weber HoldCo LLC
2023-01-06−448,848.93→ 224,424.47 total(indirect: See footnotes)Exercise: $5.79→ Class A Common Stock (448,848.93 underlying) - Conversion
Class B Common Stock
2023-01-06+160,942→ 160,942 total(indirect: See footnotes)
Footnotes (5)
- [F1]Reflects the issuance of shares of Class B common stock of the issuer ("Class B Common Stock") (and a corresponding number of common units of Weber HoldCo LLC ("LLC Units")) to Weber-Stephen Management Pool LLC ("Management Pool LLC") upon the conversion of Profits Units (as defined below) based on the intrinsic or spread value of the Profits Units at the time of conversion.
- [F2]Reflects shares of Class B Common Stock and LLC Units in which the reporting person holds an indirect pecuniary interest through ownership of corresponding common units of Management Pool LLC.
- [F3]The LLC Units (and a corresponding number of shares of Class B Common Stock) may be distributed to the reporting person at the reporting person's election, in which case the reporting person may then require Weber HoldCo LLC to redeem the LLC Units for newly issued shares of Class A common stock of the issuer ("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.
- [F4]Reflects profits units in Weber HoldCo LLC (the "Profits Units") in which the reporting person holds an indirect pecuniary interest through ownership of corresponding profits units of Management Pool LLC. The Profits Units are convertible, at the reporting person's election, into LLC Units based on the intrinsic or spread value of the Profits Units at the time of conversion (at which time a corresponding number of shares of Class B Common Stock would be issued to Weber HoldCo LLC).
- [F5]Any Profits Units that have not been converted into LLC Units will automatically be converted into LLC Units following the first to occur of (i) the five-year anniversary of vesting and (ii) the one-year anniversary of the reporting person's termination of employment.
Documents
Issuer
Weber Inc.
CIK 0001857951
Entity typeother
Related Parties
1- filerCIK 0001872351
Filing Metadata
- Form type
- 4
- Filed
- Jan 9, 7:00 PM ET
- Accepted
- Jan 10, 9:31 PM ET
- Size
- 15.1 KB