DAVIN THOMAS E 4
4 · BRC Inc. · Filed Sep 12, 2024
Insider Transaction Report
Form 4
BRC Inc.BRCC
DAVIN THOMAS E
DirectorCo-Chief Executive Officer
Transactions
- Other
Class B Common Stock
2024-09-10−17,230→ 7,066,642 total - Sale
Class A Common Stock
2024-09-10$3.75/sh−17,230$64,613→ 15,851 total - Conversion
Common Units
2024-09-10−17,230→ 7,066,642 totalFrom: 2022-08-09→ Class A Common Stock (17,230 underlying) - Other
Class B Common Stock
2024-09-10−24,614→ 1,171,792 total(indirect: By LLC) - Conversion
Class A Common Stock
2024-09-10+24,614→ 24,614 total(indirect: By LLC) - Conversion
Class A Common Stock
2024-09-10+17,230→ 33,081 total - Sale
Class A Common Stock
2024-09-10$3.75/sh−24,614$92,303→ 0 total(indirect: By LLC) - Conversion
Common Units
2024-09-10−24,614→ 1,171,792 total(indirect: By LLC)From: 2022-08-09→ Class A Common Stock (24,614 underlying)
Footnotes (3)
- [F1]The reported securities provide no economic rights in BRC Inc. (the "Issuer") to the holder thereof but each share of Class B Common Stock ("Class B Share") entitles the holder to one vote as a common stockholder of the Issuer.
- [F2]Represents the exchange of an aggregate of 41,844 common units of Authentic Brands LLC (the "Common Units") for an equivalent number of shares of Class A Common Stock of the Issuer and the forfeiture of an equivalent number of Class B Shares of the Issuer.
- [F3]The Common Units may be exchanged by the holder (upon forfeiture of an equivalent number of Class B Shares), at any time and from time to time, 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).