John Merris - Oct 28, 2021 Form 3 Insider Report for Solo Brands, Inc. (DTC)

Role
President and Chief Executive Officer Exhibit 24 - Power of Attorney., Director
Signature
/s/ Kent Christensen, Attorney-in-fact
Stock symbol
DTC
Transactions as of
Oct 28, 2021
Transactions value $
$0
Form type
3
Date filed
10/28/2021, 05:59 PM
Next filing
Apr 19, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding DTC Class B Common Stock 1.45M Oct 28, 2021 See footnote F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding DTC LLC Interests Oct 28, 2021 Class A Common Stock 1.45M See footnote F1, F2
holding DTC Management Aggregator Interests Oct 28, 2021 LLC Interests 2.01M Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Securities held of record by Shift4Holdings LLC. Mr. Merris is the sole stockholder of Shift4Holdings LLC and therefore may be deemed to have beneficial ownership with respect to such securities.
F2 The LLC Interests may be redeemed by the Reporting Person at any time on or following the closing of the Initial Public Offering for shares of Class A Common Stock on a 1-to-1 basis. Upon the redemption of any LLC Interests, a number of Class B Shares equal to the number of LLC Interests that are redeemed will be cancelled by the Issuer for no consideration.
F3 Subject to any applicable vesting, Management Aggregator Interests ("Management Interests") are convertible at the option of the holder for LLC Interests (and a corresponding number of Class B Shares) on a 1-for-1 basis, which will be subsequently redeemed for an equal number of shares of Class A Common Stock.

Remarks:

President and Chief Executive Officer Exhibit 24 - Power of Attorney.