Home > Insider Trading > Filing (0001209191-23-030154)

Filing Details

Accession Number:: 0001209191-23-030154
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2023-05-17 16:17:43
Reporting Period:: 2023-05-16

Accepted Time:: 2023-05-17 16:17:43
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1870600	Solo Brands Inc.	DTC	()	DE

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1661550	Bertram Growth Capital Iii-A, L.p.	950 Tower Lane Suite 1000 Foster City CA 94404		No	No	Yes	No

Reported Non-Derivative Transactions

Show Other Fields >>

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Class A Common Stock	Disposition	2023-05-16	1,435,784	$5.00	927,332	No	4	S	Indirect	See footnote
Class A Common Stock	Disposition	2023-05-16	711,964	$5.00	215,368	No	4	S	Indirect	See footnote

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Indirect	See footnote
No	4	S	Indirect	See footnote

Footnotes

On May 16, 2023, Bertram Growth Capital III-A, L.P. ("BGC III-A") sold 1,435,784 shares of Class A common stock (the "Class A common stock") of Solo Brands, Inc. (the "Issuer") in a registered underwritten public offering (the "Offering"), pursuant to that certain Underwriting Agreement, dated as of May 11, 2023, by and among the Issuer, Solo Stove Holdings, LLC, BGC III-A, the other selling stockholders named therein, and BofA Securities, Inc. and Jefferies LLC, as representatives of the other underwriters named therein. The price to the public in the Offering was $5.00 per share. The per share sale price reported in this Form 4 reflects underwriting discounts and commissions.
BGC III-A is the direct owner of the shares of Class A common stock. Bertram Growth Capital III (GP), L.P. ("BGC III GP") is the general partner of BGC III-A. Bertram Growth Capital III (GPLLC), L.L.C. ("BGC III (GPLLC)") is the general partner of BGC III GP. Jeffrey M. Drazan is the manager of BGC III (GPLLC). As such, each of these entities and Mr. Drazan may be deemed to share beneficial ownership of the shares of Class A common stock held of record by BGC III-A. Each of BGC III GP, BGC III (GPLLC) and Mr. Drazan disclaims beneficial ownership of the shares of Class A common stock held of record by BGC III-A.
On May 16, 2023, in connection with the closing of the Offering, BGC III-A sold 711,964 shares of Class A common stock to the Issuer, pursuant to that certain Stock Purchase Agreement, dated May 10, 2023, by and among the Issuer, BGC III-A and the other selling stockholders named therein, at a price of $5.00 per share.