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
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
- 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 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.
- 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.
- 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).