Jeffrey C. Kostelni - Mar 1, 2022 Form 4 Insider Report for Bowlero Corp. (BOWL)

Role: Chief Accounting Officer
Signature: /s/ Jason Cohen, Attorney-in-Fact
Stock symbol: BOWL
Transactions as of: Mar 1, 2022
Transactions value $: $0
Form type: 4
Date filed: 3/3/2022, 03:13 PM
Previous filing: Dec 17, 2021
Next filing: Dec 16, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	BOWL	Class A Common Stock	Award	$0	+12.6K	+497.24%	$0.00	15.1K	Mar 1, 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	BOWL	Performance Stock Unit	Award	$0	+4.2K		$0.00	4.2K	Mar 1, 2022	Class A Common Stock	4.2K		Direct	F2

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

Explanation of Responses:

Id	Content
F1	Each restricted stock unit represents a contingent right to receive one share of Issuer's common stock. The restricted stock units will vest in one-third installments on each of December 15, 2022, December 15, 2023 and December 15, 2024.
F2	Each performance stock unit will convert to one share of Issuer's common stock upon achieving a specified price per share on or prior to December 15, 2024, subject to continued employment through December 15, 2024.