Home/Filings/4/0000950103-23-002886
4//SEC Filing

Bonuso Jennifer L. 4

Accession 0000950103-23-002886

CIK 0001857951other

Filed

Feb 22, 7:00 PM ET

Accepted

Feb 23, 9:17 PM ET

Size

15.4 KB

Accession

0000950103-23-002886

Insider Transaction Report

Form 4
Period: 2023-02-21
Bonuso Jennifer L.
President, Americas
Transactions
  • Other

    Class B Common Stock

    2023-02-2140,3460 total(indirect: See footnote)
  • Other

    Stock Option

    2023-02-2145,4570 total
    Exercise: $18.05Exp: 2031-10-14Class A Common Stock (45,457 underlying)
  • Other

    Class A Common Stock

    2023-02-21$8.05/sh9,933$79,961202,260 total
  • Other

    Class A Common Stock

    2023-02-21202,2600 total
  • Other

    LLC Units in Weber HoldCo LLC

    2023-02-2140,3460 total(indirect: See footnote)
    Exercise: $0.00Class A Common Stock (40,346 underlying)
Footnotes (7)
  • [F1]On February 21, 2023, Ribeye Parent, LLC ("Parent") acquired the issuer pursuant to that certain Agreement and Plan of Merger entered into by and among the issuer, Parent and Ribeye Merger Sub, Inc., a direct, wholly owned subsidiary of Parent ("Merger Sub"), dated as of December 11, 2022 (the "Merger Agreement"). In accordance with the Merger Agreement, Merger Sub merged with and into the issuer, with the issuer surviving such merger as a wholly owned subsidiary of Parent (the "Merger").
  • [F2]Reflects shares of Class A common stock of the issuer ("Class A Common Stock") that, pursuant to the Merger Agreement and in connection with the consummation of the Merger, were automatically canceled and converted into the right to receive the Merger consideration.
  • [F3]Represents shares of Class A Common Stock pursuant to awards of restricted stock units ("RSUs") granted to the reporting person. Pursuant to the Merger Agreement and in connection with the consummation of the Merger, shares of Class A Common Stock underlying RSUs were converted into an identical number of newly issued shares of the surviving corporation.
  • [F4]Reflects shares of Class B common stock of the issuer ("Class B Common Stock") and common units of Weber HoldCo LLC ("LLC Units") in which the reporting person holds an indirect pecuniary interest through ownership of corresponding common units of Weber-Stephen Management Pool LLC ("Management Pool LLC"). The Class B Common Stock (and a corresponding number of LLC Units) 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 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.
  • [F5]Pursuant to the Merger Agreement and in connection with the consummation of the Merger, underlying shares were converted into an identical number of newly issued shares of the surviving corporation.
  • [F6]Reflects stock options that were granted on October 14, 2021, which vest and become exercisable in equal annual installments over three years subject to continued employment through the applicable vesting date, unless the reporting person leaves employment due to death or disability.
  • [F7]Pursuant to the Merger Agreement and in connection with the consummation of the Merger, shares of Class A Common Stock underlying stock options were converted into an identical number of newly issued shares of the surviving corporation.

Issuer

Weber Inc.

CIK 0001857951

Entity typeother

Related Parties

1
  • filerCIK 0001943154

Filing Metadata

Form type
4
Filed
Feb 22, 7:00 PM ET
Accepted
Feb 23, 9:17 PM ET
Size
15.4 KB