WSP Investment LLC - 19 Aug 2021 Form 4 Insider Report for Weber Inc.

Role
10%+ Owner
Signature
/s/ James C. Stephen as authorized signatory for WSP Investment LLC
Issuer symbol
N/A
Transactions as of
19 Aug 2021
Net transactions value
-$1,982,392
Form type
4
Filing time
23 Aug 2021, 20:05:31 UTC
Previous filing
16 Aug 2021
Next filing
31 Aug 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WEBR Class B Common Stock Sale $0 -149,052 -0.38% $0.000000 39,049,313 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 $1,982,392 -149,052 -0.38% $13.30 39,049,313 19 Aug 2021 Class A Common Stock 149,052 Direct F1
* 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 WSP Investment LLC. Voting and dispositive power over shares held by the WSP Investment LLC is exercised by action of the three managers of WSP Investment LLC. Each manager has one vote, and the approval of a majority of the managers is required to approve an action. Each holder of Class B Common Stock and LLC Units may require Weber HoldCo LLC to redeem the LLC Units for newly issued shares of the issuer's 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.