Filing Details

Accession Number:
0001104659-22-064635
Form Type:
4
Zero Holdings:
No
Publication Time:
2022-05-25 16:06:19
Reporting Period:
2022-05-24
Accepted Time:
2022-05-25 16:06:19
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1856236 European Wax Center Inc. EWCZ Services-Personal Services (7200) 863150064
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1871356 A. Jyoti Lynch C/O European Wax Center, Inc.
5830 Granite Parkway, 3Rd Floor
Plano TX 75024
Chief Information Officer No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Class B Common Stock Disposition 2022-05-24 30,000 $0.00 182,537 No 4 C Direct
Class A Common Stock Acquisiton 2022-05-24 30,000 $0.00 36,000 No 4 C Direct
Class A Common Stock Disposition 2022-05-24 30,000 $21.50 6,000 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 C Direct
No 4 C Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Class A Common Stock Common Units of EWC Ventures, LLC Disposition 2022-05-24 30,000 $0.00 30,000 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
182,537 No 4 C Direct
Footnotes
  1. On May 24, 2022, the Reporting Person exchanged 30,000 non-voting Common Units of EWC Ventures, LLC ("EWC Ventures Units") and 30,000 shares of Class B Common Stock of the Issuer for 30,000 shares of Class A Common Stock of the Issuer, and substantially simultaneously sold all 30,000 shares of Class A Common Stock of the Issuer. Following such sale, Ms. Lynch holds 6,000 shares of Class A Common Stock, 182,537 EWC Ventures Units and 182,537 shares of Class B Common Stock of the Issuer.
  2. Pursuant to the terms of the Exchange Agreement, effective as of August 4, 2021, by and among the Issuer, EWC Ventures, LLC and the equityholders of EWC Ventures, LLC (the "Exchange Agreement"), EWC Ventures Units, together with a corresponding number of shares of Class B Common Stock of the Issuer, may be exchanged for shares of Class A Common Stock of the Issuer, which have one vote per share and economic rights (including rights to dividends and distributions upon liquidation), on a one-for-one basis at the discretion of the holder. The exchange rights under the Exchange Agreement do not expire.
  3. Shares of Class B Common Stock of the Issuer have one vote per share but no economic rights (including rights to dividends and distributions upon liquidation) and are issued in an equal amount to the number of EWC Ventures Units held.