Erik Chalut - Feb 21, 2023 Form 4 Insider Report for Weber Inc. (WEBR)

Role: General Counsel and Secretary
Signature: /s/ Erik Chalut
Stock symbol: WEBR
Transactions as of: Feb 21, 2023
Transactions value $: -$44,219
Form type: 4
Date filed: 2/23/2023, 08:24 PM
Previous filing: Nov 9, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	WEBR	Class A Common Stock	Other	-$44.2K	-5.49K	-3.98%	$8.05	133K	Feb 21, 2023	Direct	F1, F2
transaction	WEBR	Class A Common Stock	Other		-133K	-100%		0	Feb 21, 2023	Direct	F1, F3

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	Stock Option	Other		-58.7K	-100%		0	Feb 21, 2023	Class A Common Stock	58.7K	$18.05	Direct	F1, F4, F5

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Erik Chalut 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, shares of Class A Common Stock underlying RSUs were converted into an identical number of newly issued shares of the surviving corporation.
F4	Reflects stock options that were granted on October 14, 2021, which vest and become exercisable in equal annual installments over three years subject to continued employment through the applicable vesting date, unless the reporting person leaves employment due to death or disability.
F5	Pursuant to the Merger Agreement and in connection with the consummation of the Merger, shares of Class A Common Stock underlying stock options were converted into an identical number of newly issued shares of the surviving corporation.