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
Cik Name Symbol Sector (SIC) IRS No
1891101 Brc Inc. BRCC () 4
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
  1. 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.
  2. 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.
  3. 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).