| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | BOWL | Class A Common Stock | Options Exercise | $3.96M | +1.16M | +40.16% | $3.41 | 4.06M | May 6, 2022 | See footnote | F1, F2 |
| holding | BOWL | Class A Common Stock | 71.1K | May 6, 2022 | Direct | F3 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | BOWL | Warrant (right to buy) | Options Exercise | $0 | -3.96M | -100% | $0.00* | 0 | May 16, 2022 | Common Stock | 1.16M | $3.41 | See footnote | F1, F2 |
| Id | Content |
|---|---|
| F1 | Bowlero Corp. (the "Issuer") mandatorily redeemed all of its unexercised warrants to purchase shares of the Issuer's Class A common stock (the "common stock") on May 16, 2022. Each whole warrant entitled the holder thereof to purchase one share of common stock as a price of $11.5 per share (subject to adjustment). Pursuant to the terms of the redemption, each holder of warrants could exercise its warrants for cash at $11.5 per share or could exercise the warrants on a cashless basis and receive 0.2936 shares of common stock per warrant exercised. In connection with the redemption Isos Acquisition Sponsor LLC (the "Sponsor") exercised all of its warrants on a cashless basis to purchase 1,163,671 shares of common stock for $3.406 a share (at the rate of 0.2936 shares per warrant exercised). |
| F2 | Michelle Wilson is a managing member of the Sponsor and has voting and investment discretion with respect to the securities held by the Sponsor. As such, Ms. Wilson may be deemed to possess beneficial ownership of the securities held directly by the Sponsor. Ms. Wilson disclaims any beneficial ownership of the reported securities other than to the extent of any pecuniary interest she may have therein, directly or indirectly. |
| F3 | Pursuant to that certain Subscription Agreement dated July 1, 2021, by and between the Issuer and the Reporting Person, the Reporting Person purchased an aggregate of 50,000 shares of Class A common stock of the Issuer on December 15, 2021, in a private placement that was consummated in connection with the Issuer's initial business combination. Also includes 100 shares of Class A common stock of the Issuer acquired by the Reporting Person on March 3, 2021 and 21,000 restricted stock units representing a contingent right to receive one share of common stock, which will vest on the date of the Issuer's next regular annual meeting, which will be on December 14, 2022. |