Iverson Gregory James 4
4 · BRC Inc. · Filed Apr 25, 2023
Insider Transaction Report
Form 4
BRC Inc.BRCC
Iverson Gregory James
Chief Financial Officer
Transactions
- Award
Stock Option (right to buy)
2023-04-21+188,749→ 188,749 totalExercise: $5.05Exp: 2030-04-21→ Class A Common Stock (188,749 underlying) - Award
Class A Common Stock
2023-04-21+76,237→ 93,737 total
Footnotes (2)
- [F1]Represents awards in the form of 76,237 restricted stock units ("RSUs") under the Omnibus Incentive Plan of BRC Inc. (the "Issuer"), of which 34,653 vest ratably one third on each anniversary of the grant date and 41,584 vest in full on the first anniversary of the grant date. Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock upon settlement for no consideration. Shares of the Issuer's Class A Common Stock will deliver to the Reporting Person following vesting.
- [F2]The option vests in equal installments for a period of three years from the grant date.