McCormick Andrew J. 4
4 · BRC Inc. · Filed Apr 25, 2023
Insider Transaction Report
Form 4
BRC Inc.BRCC
McCormick Andrew J.
Gen. Counsel & Corp. Secretary
Transactions
- Award
Class A Common Stock
2023-04-21+19,802→ 19,802 total - Award
Stock Option (right to buy)
2023-04-21+107,856→ 107,856 totalExercise: $5.05Exp: 2030-04-21→ Class A Common Stock (107,856 underlying)
Footnotes (2)
- [F1]Represents awards in the form of 19,802 restricted stock units ("RSUs") under the Omnibus Incentive Plan of BRC Inc. (the "Issuer") that vest ratably one third on each 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.