Iverson Gregory James 4/A
4/A · BRC Inc. · Filed Apr 25, 2023
Insider Transaction Report
Form 4/AAmended
BRC Inc.BRCC
Iverson Gregory James
Chief Financial Officer
Transactions
- Other
Class B Common Stock
2023-02-15−50,000→ 1,417,535 total - Sale
Class A Common Stock
2023-02-15$8.03/sh−50,000$401,500→ 17,500 total - Conversion
Common Units
2023-02-15−50,000→ 1,417,535 totalFrom: 2022-08-09→ Class A Common Stock (50,000 underlying) - Conversion
Class A Common Stock
2023-02-15+50,000→ 67,500 total
Footnotes (5)
- [F1]The reported securities provide no economic rights in the Issuer to the holder thereof but each share of Class B Common Stock entitles the holder to one vote as a common stockholder of the Issuer.
- [F2]Represents the exchange of 50,000 common units of Authentic Brands LLC for an equivalent number of shares of Class A Common Stock of the Issuer and the forfeiture of an equivalent number of shares of Class B Common Stock of the Issuer.
- [F3]The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.
- [F4]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $8.00 to $8.08, inclusive, and the Reporting Person undertakes to provide to the Issuer, the Staff of the Securities and Exchange Commission or any shareholder of the Issuer, upon request, full information regarding shares sold at each price within such range.
- [F5]The reported securities are Common Units of Authentic Brands LLC. These Common Units may be exchanged by the holder (upon forfeiture of an equivalent number of shares of Class B Common Stock of the Issuer) for an equivalent number of shares of Class A Common Stock of the Issuer (or the cash value thereof, at the election of the Issuer).