Kelly Rainko - Aug 27, 2021 Form 4 Insider Report for Weber Inc. (WEBR)

Role: Director
Signature: /s/ Philip Zadeik as Attorney-in-Fact for Kelly Rainko
Stock symbol: WEBR
Transactions as of: Aug 27, 2021
Transactions value $: -$84,428
Form type: 4
Date filed: 8/31/2021, 06:44 PM
Previous filing: Aug 23, 2021
Next filing: Feb 23, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	WEBR	Class A Common Stock	Disposed to Issuer	-$13K	-978	-0.64%	$13.30	152K	Aug 27, 2021	Through Living Trust
transaction	WEBR	Class B Common Stock	Disposed to Issuer	$0	-5.37K	-0.64%	$0.00	833K	Aug 27, 2021	Through Living Trust	F1, F2

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	Disposed to Issuer	-$71.4K	-5.37K	-0.64%	$13.30	833K	Aug 27, 2021	Class A Common Stock	5.37K		Through Living Trust	F1, F2

* 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. The reporting person may require Weber HoldCo LLC to redeem the LLC Units for newly issued shares of the issuer's Class A common stock ("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 the holder 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.
F2	While the reporting person may normally require Weber HoldCo LLC 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, in this case, LLC Units were disposed of directly to the issuer (with the cancellation of a corresponding number of shares of Class B Common Stock on a one-for-one basis).

Content

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. The reporting person may require Weber HoldCo LLC to redeem the LLC Units for newly issued shares of the issuer's Class A common stock ("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 the holder 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.

While the reporting person may normally require Weber HoldCo LLC 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, in this case, LLC Units were disposed of directly to the issuer (with the cancellation of a corresponding number of shares of Class B Common Stock on a one-for-one basis).