4//SEC Filing
Kadenacy Stephen M 4
Accession 0001104659-22-058780
CIK 0001891101other
Filed
May 10, 8:00 PM ET
Accepted
May 11, 4:05 PM ET
Size
10.9 KB
Accession
0001104659-22-058780
Insider Transaction Report
Form 4
BRC Inc.BRCC
Reece Joseph E
10% Owner
Transactions
- Exercise/Conversion
Class A Common Stock
2022-05-03$11.50/sh+2,262,266$26,016,059→ 8,315,759 total
SilverBox Financial LLC
10% Owner
Transactions
- Exercise/Conversion
Class A Common Stock
2022-05-03$11.50/sh+2,262,266$26,016,059→ 8,315,759 total
SILVERBOX ENGAGED SPONSOR LLC
10% Owner
Transactions
- Exercise/Conversion
Class A Common Stock
2022-05-03$11.50/sh+2,262,266$26,016,059→ 8,315,759 total
Kadenacy Stephen M
Chief Financial Officer
Transactions
- Exercise/Conversion
Class A Common Stock
2022-05-03$11.50/sh+2,262,266$26,016,059→ 8,315,759 total
Footnotes (2)
- [F1]Reflects the exercise of warrants on a cashless basis pursuant to the Warrant Agreement, dated as of February 25, 2021 (the "Warrant Agreement"), by and between SilverBox Engaged Merger Corp I and Continental Stock Transfer & Trust Company (the "Warrant Agent"), as assumed by the Issuer pursuant to that certain Warrant Assumption Agreement, dated as of February 9, 2022, by and between the Issuer and the Warrant Agent. The number of shares of Class A common stock issuable upon cashless exercise of the warrants was determined in accordance with Section 3.3.1(c) of the Warrant Agreement and the Sponsor Letter Agreement, dated as of November 2, 2021, by and between the Issuer, Authentic Brands LLC and SilverBox Engaged Sponsor LLC, by multiplying (i) the number of shares of Class A common stock underlying the warrants by (ii) 0.361.
- [F2]SilverBox Capital LLC is the managing member of SilverBox Engaged Sponsor LLC, and Mr. Reece and Mr. Kadenacy are each a principal of SilverBox Capital LLC. As such, they may be deemed to have or share beneficial ownership of the Class A common stock held directly by SilverBox Engaged Sponsor LLC. Such person disclaims any beneficial ownership of the reported shares other than to the extent of any pecuniary interest such person may have therein, directly or indirectly.
Documents
Issuer
BRC Inc.
CIK 0001891101
Entity typeother
Related Parties
1- filerCIK 0001519030
Filing Metadata
- Form type
- 4
- Filed
- May 10, 8:00 PM ET
- Accepted
- May 11, 4:05 PM ET
- Size
- 10.9 KB