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
- 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.
- 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.
- 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.