4//SEC Filing
Hafer Evan 4
Accession 0001140361-24-040929
CIK 0001891101other
Filed
Sep 11, 8:00 PM ET
Accepted
Sep 12, 2:55 PM ET
Size
12.5 KB
Accession
0001140361-24-040929
Insider Transaction Report
Form 4
BRC Inc.BRCC
Hafer Evan
DirectorFounder10% Owner
Transactions
- Conversion
Class A Common Stock
2024-09-11+3,000,000→ 3,000,000 total - Other
Class B Common Stock
2024-09-11−3,000,000→ 31,142,374 total(indirect: By LLC) - Conversion
Common Units
2024-09-11−3,000,000→ 31,142,374 total(indirect: By LLC)From: 2022-08-09→ Class A Common Stock (3,000,000 underlying) - Sale
Class A Common Stock
2024-09-11$3.20/sh−3,000,000$9,597,900→ 0 total
EKNRH Holdings LLC
10% Owner
Transactions
- Other
Class B Common Stock
2024-09-11−3,000,000→ 31,142,374 total(indirect: By LLC) - Conversion
Class A Common Stock
2024-09-11+3,000,000→ 3,000,000 total - Conversion
Common Units
2024-09-11−3,000,000→ 31,142,374 total(indirect: By LLC)From: 2022-08-09→ Class A Common Stock (3,000,000 underlying) - Sale
Class A Common Stock
2024-09-11$3.20/sh−3,000,000$9,597,900→ 0 total
Footnotes (4)
- [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 3,000,000 common units of Authentic Brands LLC (the "Common Units") for an equivalent number of shares of Class A Common Stock ("Class A Shares") of the Issuer and the forfeiture of an equivalent number of Class B Shares of the Issuer.
- [F3]The Class A Shares were sold in two block sale broker transactions at prices ranging from $3.17 to $3.4197. The weighted average price of the Class A Shares sold was $3.1993 per share. Specific details of the block sales can be provided upon request. The reporting person undertakes to provide to BRC Inc., any security holder of BRC Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of Class A Shares sold at each separate price within the range set forth in footnote 3 to this Form 4.
- [F4]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 Class A Shares of the Issuer (or the cash value thereof, at the election of the Issuer).
Documents
Issuer
BRC Inc.
CIK 0001891101
Entity typeother
Related Parties
1- filerCIK 0001908407
Filing Metadata
- Form type
- 4
- Filed
- Sep 11, 8:00 PM ET
- Accepted
- Sep 12, 2:55 PM ET
- Size
- 12.5 KB