Jeffrey C. Kostelni - 02 Jan 2023 Form 4 Insider Report for Bowlero Corp. (LUCK)

Role: Chief Accounting Officer
Signature: /s/ Jason Cohen, Attorney-in-Fact
Issuer symbol: LUCK
Transactions as of: 02 Jan 2023
Net transactions value: $0
Form type: 4
Filing time: 04 Jan 2023, 18:37:01 UTC
Previous filing: 16 Dec 2022
Next filing: 06 Mar 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	BOWL	Class A Common Stock	Award	$0	+2,520	+18%	$0.000000	16,389	02 Jan 2023	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	+840	+20%	$0.000000	5,040	02 Jan 2023	Class A Common Stock	840		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 Class A common stock and will vest in one-third installments on each of January 2, 2024, January 2, 2025 and January 2, 2026.
F2	Each performance stock unit will convert to one share of Issuer's Class A common stock upon achieving a specified price per share on or prior to January 2, 2026, subject to continued employment through January 2, 2026.