Filing Details
- Accession Number:
- 0001140361-23-020297
- Form Type:
- 4/A
- Zero Holdings:
- No
- Publication Time:
- 2023-04-25 17:31:36
- Reporting Period:
- 2023-02-15
- Accepted Time:
- 2023-04-25 17:31:36
- Original Submission Date:
- 2023-02-17
- SEC Url:
- Form 4 Filing
Issuer
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1456658 | James Gregory Iverson | C/O Brc Inc., 1144 S 500 W Salt Lake City UT 84101 | Chief Financial Officer | No | No | 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 | 2023-02-15 | 50,000 | $0.00 | 1,417,535 | No | 4 | J | Direct | |
Class A Common Stock | Acquisiton | 2023-02-15 | 50,000 | $0.00 | 67,500 | No | 4 | C | Direct | |
Class A Common Stock | Disposition | 2023-02-15 | 50,000 | $8.03 | 17,500 | No | 4 | S | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | J | 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 | Disposition | 2023-02-15 | 50,000 | $0.00 | 50,000 | $0.00 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
1,417,535 | 2022-08-09 | No | 4 | C | Direct |
Footnotes
- The reported securities provide no economic rights in the Issuer to the holder thereof but each share of Class B Common Stock entitles the holder to one vote as a common stockholder of the Issuer.
- Represents the exchange of 50,000 common units of Authentic Brands LLC for an equivalent number of shares of Class A Common Stock of the Issuer and the forfeiture of an equivalent number of shares of Class B Common Stock of the Issuer.
- The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $8.00 to $8.08, inclusive, and the Reporting Person undertakes to provide to the Issuer, the Staff of the Securities and Exchange Commission or any shareholder of the Issuer, upon request, full information regarding shares sold at each price within such range.
- The reported securities are Common Units of Authentic Brands LLC. These Common Units may be exchanged by the holder (upon forfeiture of an equivalent number of shares of Class B Common Stock of the Issuer) 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).