Filing Details

Accession Number:
0001140361-24-040929
Form Type:
4
Zero Holdings:
No
Publication Time:
2024-09-12 14:55:35
Reporting Period:
2024-09-11
Accepted Time:
2024-09-12 14:55:35
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1891101 Brc Inc. BRCC Beverages (2080) 873277812
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1908407 Evan Hafer C/O Brc Inc., 1144 S 500 W
Salt Lake City UT 84101
No No No No
1909006 Eknrh Holdings Llc C/O Brc Inc.
1144 S 500 W
Salt Lake City UT 84101
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 2024-09-11 3,000,000 $0.00 31,142,374 No 4 J Indirect Through EKNRH Holdings LLC
Class A Common Stock Acquisiton 2024-09-11 3,000,000 $0.00 3,000,000 No 4 C Direct
Class A Common Stock Disposition 2024-09-11 3,000,000 $3.20 0 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 J Indirect Through EKNRH Holdings LLC
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 2024-09-11 3,000,000 $0.00 3,000,000 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
31,142,374 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 3,000,000 common units of Authentic Brands LLC (the "Common Units") for an equivalent number of shares of Class A Common Stock ("Class A Shares") of the Issuer and the forfeiture of an equivalent number of Class B Shares of the Issuer.
  3. The Class A Shares were sold in two block sale broker transactions at prices ranging from $3.17 to $3.4197. The weighted average price of the Class A Shares sold was $3.1993 per share. Specific details of the block sales can be provided upon request. The reporting person undertakes to provide to BRC Inc., any security holder of BRC Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of Class A Shares sold at each separate price within the range set forth in footnote 3 to this Form 4.
  4. The Common Units may be exchanged by the holder (upon forfeiture of an equivalent number of Class B Shares), at any time and from time to time, for an equivalent number of Class A Shares of the Issuer (or the cash value thereof, at the election of the Issuer).