Jennifer Kuperman Johnson - Mar 10, 2022 Form 4 Insider Report for BELLRING BRANDS, INC. (BRBR)

Role
Director
Signature
/s/ Craig L. Rosenthal, Attorney-in-Fact
Stock symbol
BRBR
Transactions as of
Mar 10, 2022
Transactions value $
$21,667
Form type
4
Date filed
4/5/2022, 05:30 PM
Previous filing
Mar 1, 2022
Next filing
Apr 4, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BRBR Common Stock Award +12.6K 12.6K Mar 10, 2022 Direct F1, F2, F3

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
transaction BRBR BellRing Brands, Inc. Common Stock Equivalents Award +6.33K 6.33K Mar 10, 2022 Common Stock 6.33K Direct F1, F3, F4, F5
transaction BRBR BellRing Brands, Inc. Common Stock Equivalents Award $21.7K +939 +14.82% $23.08 7.27K Apr 1, 2022 Common Stock 939 Direct F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects securities acquired in connection with the transactions under the transaction agreement and plan of merger entered into on October 26, 2021, as amended on February 28, 2022, whereby BellRing Intermediate Holdings, Inc. (formerly known as BellRing Brands, Inc.) ("Old BellRing") merged with a subsidiary of Issuer and each outstanding share of Old BellRing Class A common stock was converted into one share of Issuer common stock and $2.97 in cash (the "Cash Consideration" and such transactions the "Transactions"). Such securities were originally included on the Form 3 filed by the Reporting Person on March 10, 2022.
F2 Includes unvested restricted stock units ("RSUs"), which awards continue to be subject to the same terms and conditions of the Old BellRing awards. In connection with the Transactions, unvested RSUs of Old BellRing were assumed by Issuer and continue to be subject to the same terms and conditions of the Old BellRing awards.
F3 Such equity awards may be adjusted to account for the Cash Consideration paid to holders of Old Bell Ring common stock in the Transactions.
F4 Reporting Person's retainer earned as a Director of Issuer is deferred into Issuer Common Stock equivalents under the Issuer's Deferred Compensation Plan for Directors. Reporting Person is credited with stock equivalents on a quarterly basis as soon as administratively practical following the quarter in which such retainer is earned. The value of these stock equivalents is distributed (on a one-for-one basis) in the form of Issuer Common Stock upon Reporting Person's retirement from the Board of Directors.
F5 The stock equivalents have no fixed exercisable or expiration dates.