Weber-Stephen Management Pool LLC - May 26, 2022 Form 4 Insider Report for Weber Inc. (WEBR)

Role
10%+ Owner
Signature
/s/ Philip Zadeik as Attorney-in-Fact for Weber-Stephen Management Pool LLC
Stock symbol
WEBR
Transactions as of
May 26, 2022
Transactions value $
$0
Form type
4
Date filed
5/31/2022, 09:17 PM
Previous filing
Sep 15, 2022
Next filing
Jul 26, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WEBR Class B Common Stock Other $0 -50K -0.65% $0.00 7.68M May 26, 2022 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 Other $0 -50K -0.65% $0.00 7.68M May 26, 2022 Class A Common Stock 50K 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 a distribution of 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 to Hans-Jurgen Herr, who holds 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.