Weber-Stephen Management Pool LLC - 19 Aug 2021 Form 4 Insider Report for Weber Inc.

Role
10%+ Owner
Signature
/s/ Philip Zadeik as Attorney-in-Fact for Weber-Stephen Management Pool LLC
Issuer symbol
N/A
Transactions as of
19 Aug 2021
Net transactions value
-$71,115
Form type
4
Filing time
23 Aug 2021, 20:05:12 UTC
Previous filing
19 Aug 2021
Next filing
31 Aug 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WEBR Class B Common Stock Sale $0 -5,347 -0.07% $0.000000 7,736,610 19 Aug 2021 Direct 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
transaction WEBR LLC Units of Weber HoldCo LLC Sale $71,115 -5,347 -0.07% $13.30 7,736,610 19 Aug 2021 Class A Common Stock 5,347 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects shares of Class B Common Stock of the issuer (the "Class B Common Stock") and common units of Weber HoldCo LLC (the "LLC Units") held by the reporting person for the benefit of holders of corresponding units in the reporting person (each a "Management Holder"). The reporting person has voting and dispositive power over shares held by it, which power is exercised by action of the three managers of the reporting person.
F2 Each manager has one vote, and the approval of a majority of the managers is required to approve an action. The reporting person disclaims beneficial ownership of the reported securities except to the extent of its pecuniary interests therein.
F3 Class B Common Stock and LLC Units will be distributed to the applicable Management Holder who holds corresponding units in the reporting person, in which case, the Management Holder may require Weber HoldCo LLC to redeem the LLC Units for newly issued shares of the issuer's Class A common stock (the "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 do not expire.