EWC Holdings, Inc. 3
3 · European Wax Center, Inc. · Filed Aug 5, 2021
Insider Transaction Report
Form 3
EWC Holdings, Inc.
10% Owner
Holdings
Common units of EWC Ventures, LLC
→ Class A common stock (13,863,502 underlying)- 13,863,502
Class B common stock
Footnotes (2)
- [F1]Shares of Class B common stock of the Issuer ("Class B common stock") have one vote per share but no economic rights (including rights to dividends and distributions upon liquidation) and are issued in an equal amount to the number of non-voting common units of EWC Ventures, LLC ("EWC Ventures Units") held.
- [F2]Pursuant to the terms of the Exchange Agreement, effective as of August 4, 2021, by and among the Issuer, EWC Ventures, LLC and the equityholders of EWC Ventures, LLC (the "Exchange Agreement"), EWC Ventures Units, together with a corresponding number of shares of Class B common stock, may be exchanged for shares of Class A common stock of the Issuer, which have one vote per share and economic rights (including rights to dividends and distributions upon liquidation), on a one-for-one basis at the discretion of the holder. The exchange rights under the Exchange Agreement do not expire.