Paul A. Rode - Nov 11, 2022 Form 4 Insider Report for BELLRING BRANDS, INC. (BRBR)

Role
CFO
Signature
/s/ Craig L. Rosenthal, Attorney-in-Fact
Stock symbol
BRBR
Transactions as of
Nov 11, 2022
Transactions value $
-$62,389
Form type
4
Date filed
11/15/2022, 03:51 PM
Previous filing
Mar 10, 2022
Next filing
Nov 22, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BRBR Common Stock Tax liability -$26.5K -1.05K -2.23% $25.31 45.9K Nov 11, 2022 Direct F1
transaction BRBR Common Stock Tax liability -$35.9K -1.42K -2.88% $25.31 47.9K Nov 12, 2022 Direct F2, F3
holding BRBR Common Stock 11.2K Nov 11, 2022 By 401(k)
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Surrender of shares in payment of tax withholding due as a result of the vesting of 3,528 restricted stock units ("RSUs") in accordance with Rule 16b-3.
F2 Surrender of shares in payment of tax withholding due as a result of the vesting of 4,780 RSUs in accordance with Rule 16b-3.
F3 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"), awards under the Old BellRing 2019 Long-Term Incentive Plan were adjusted to account for the Cash Consideration paid to holders of Old Bell Ring common stock in the Transactions. The amount of securities beneficially owned following the reported transaction includes 3,433 additional RSUs received in connection with such adjustment, which RSUs are subject to the same vesting terms as the underlying awards.