DAVIN THOMAS E 4
4 · BRC Inc. · Filed Sep 16, 2024
Insider Transaction Report
Form 4
BRC Inc.BRCC
DAVIN THOMAS E
DirectorCo-Chief Executive Officer
Transactions
- Other
Class B Common Stock
2024-09-12−159,179→ 6,907,463 total - Sale
Class A Common Stock
2024-09-12$3.26/sh−234,865$766,693→ 0 total(indirect: By LLC) - Other
Class B Common Stock
2024-09-12−234,865→ 936,927 total(indirect: By LLC) - Conversion
Class A Common Stock
2024-09-12+159,179→ 175,030 total - Conversion
Class A Common Stock
2024-09-12+234,865→ 234,865 total(indirect: By LLC) - Sale
Class A Common Stock
2024-09-12$3.26/sh−159,179$519,465→ 15,851 total - Conversion
Common Units
2024-09-12−159,179→ 6,907,463 totalFrom: 2022-08-09→ Class A Common Stock (159,179 underlying) - Conversion
Common Units
2024-09-12−234,865→ 936,927 total(indirect: By LLC)From: 2022-08-09→ Class A Common Stock (234,865 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 394,044 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).