Filing Details
- Accession Number:
- 0001062993-23-022435
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2023-12-12 16:30:41
- Reporting Period:
- 2023-12-11
- Accepted Time:
- 2023-12-12 16:30:41
- SEC Url:
- Form 4 Filing
Issuer
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1259482 | E Thomas Davin | C/O Brc Inc. 1144 S 500 W Salt Lake City UT 84101 | Co-Chief Executive Officer | Yes | 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 | 2023-12-11 | 300,000 | $0.00 | 7,094,756 | No | 4 | J | Direct | |
Class B Common Stock | Disposition | 2023-12-11 | 100,000 | $0.00 | 1,205,114 | No | 4 | J | Indirect | Held through an LLC |
Class A Common Stock | Acquisiton | 2023-12-11 | 300,000 | $0.00 | 316,597 | No | 4 | C | Direct | |
Class A Common Stock | Acquisiton | 2023-12-11 | 100,000 | $0.00 | 100,000 | No | 4 | C | Indirect | Held through an LLC |
Class A Common Stock | Disposition | 2023-12-11 | 300,000 | $3.85 | 16,597 | No | 4 | S | Direct | |
Class A Common Stock | Disposition | 2023-12-11 | 100,000 | $3.85 | 0 | No | 4 | S | Indirect | Held through an LLC |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | J | Direct | |
No | 4 | J | Indirect | Held through an LLC |
No | 4 | C | Direct | |
No | 4 | C | Indirect | Held through an LLC |
No | 4 | S | Direct | |
No | 4 | S | Indirect | Held through an LLC |
Reported Derivative Transactions
Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
---|---|---|---|---|---|---|---|
Class A Common Stock | Common Units | Disposition | 2023-12-11 | 300,000 | $0.00 | 300,000 | $0.00 |
Class A Common Stock | Common Units | Disposition | 2023-12-11 | 100,000 | $0.00 | 100,000 | $0.00 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
7,094,756 | 2022-08-09 | No | 4 | C | Direct | |
1,205,114 | 2022-08-09 | No | 4 | C | Indirect |
Footnotes
- 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.
- Represents the exchange of an aggregate of 400,000 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 reported securities are common units of Authentic Brands LLC (the "Common Units"). These Common Units may be exchanged by the holder (upon forfeiture of an equivalent number of Class B Shares) 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).