Martin McCourt - Aug 9, 2021 Form 4 Insider Report for Weber Inc. (WEBR)

Role
Director
Signature
/s/ Philip Zadeik as Attorney-in-Fact for Martin McCourt
Stock symbol
WEBR
Transactions as of
Aug 9, 2021
Transactions value $
$0
Form type
4
Date filed
8/11/2021, 08:14 PM
Previous filing
Aug 4, 2021
Next filing
Mar 25, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WEBR Class A Common Stock Award $0 +8.93K $0.00 8.93K Aug 9, 2021 Direct F1
transaction WEBR Class B Common Stock Award $0 +84.2K $0.00 84.2K Aug 9, 2021 See footnote 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 WEBR LLC Units in Weber HoldCo LLC Award +84.2K 84.2K Aug 9, 2021 Class A Common Stock 84.2K $0.00 See footnote F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects restricted stock units ("RSUs") for the issuer's Class A common stock ("Class A Common Stock") granted in connection with the reporting person's service as a director. The RSUs vest on the earlier of (i) the one year anniversary of the date of grant and (ii) the time of the annual stockholder meeting that occurs during the 2022 fiscal year.
F2 Reflects shares of Class B common stock of the issuer ("Class B Common Stock") and common units of Weber HoldCo LLC ("LLC Units") in which the reporting person holds an indirect pecuniary interest through ownership of corresponding common units of Weber-Stephen Management Pool LLC ("Management Pool LLC"). The LLC Units (and a corresponding number of shares of Class B Common Stock) may be distributed to the reporting person at the reporting person's election, in which case the reporting person may then require Weber HoldCo LLC
F3 (cont from fn 2) to redeem the LLC Units for newly issued shares of Class A Common Stock on a one-for-one basis (at which time, a corresponding number of shares of Class B Common Stock will also be cancelled on a one-for-one basis) or, at the issuer's election, an equivalent cash payment. The LLC Units were received by Management Pool LLC in the reorganization transactions effected in connection with the issuer's initial public offering in replacement of historical units of a predecessor entity. The LLC Units do not expire.