James C. Stephen - Feb 21, 2023 Form 4 Insider Report for Weber Inc. (WEBR)

Role
Director
Signature
/s/ Erik Chalut as Attorney-in-Fact for James C. Stephen
Stock symbol
WEBR
Transactions as of
Feb 21, 2023
Transactions value $
-$162,779
Form type
4
Date filed
2/23/2023, 08:21 PM
Previous 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 Other -$71.9K -8.93K -44.16% $8.05 11.3K Feb 21, 2023 Direct F1, F2
transaction WEBR Class A Common Stock Other -$90.9K -11.3K -100% $8.05 0 Feb 21, 2023 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

James C. Stephen is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 On February 21, 2023, Ribeye Parent, LLC ("Parent") acquired the issuer pursuant to that certain Agreement and Plan of Merger entered into by and among the issuer, Parent and Ribeye Merger Sub, Inc., a direct, wholly owned subsidiary of Parent ("Merger Sub"), dated as of December 11, 2022 (the "Merger Agreement"). In accordance with the Merger Agreement, Merger Sub merged with and into the issuer, with the issuer surviving such merger as a wholly owned subsidiary of Parent (the "Merger").
F2 Reflects shares of Class A common stock of the issuer ("Class A Common Stock") that, pursuant to the Merger Agreement and in connection with the consummation of the Merger, were automatically canceled and converted into the right to receive the Merger consideration.
F3 Represents shares of Class A Common Stock pursuant to awards of restricted stock units ("RSUs") granted to the reporting person. Pursuant to the Merger Agreement and in connection with the consummation of the Merger, such RSUs were automatically accelerated and canceled and converted into the right to receive the Merger consideration.