Andrew Keegan - Jan 3, 2025 Form 4 Insider Report for Revelyst, Inc. (GEAR)

Role: Chief Financial Officer
Signature: /s/ Yun Jung Choi, attorney-in-fact
Stock symbol: GEAR
Transactions as of: Jan 3, 2025
Transactions value $: $0
Form type: 4
Date filed: 1/3/2025, 05:08 PM
Previous filing: Dec 19, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	GEAR	Common Stock	Disposed to Issuer		-181K	-100%		0	Jan 3, 2025	Direct	F1, F2, 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	GEAR	Employee Stock Option (right to buy)	Disposed to Issuer		-6.68K	-100%		0	Jan 3, 2025	Common Stock	0		Direct	F4

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

Andrew Keegan is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id	Content
F1	Includes restricted stock units ("RSUs") subject to certain vesting periods and other restrictions under the Issuer's Stock Incentive Plan.
F2	On January 3, 2025 (the "Closing Date"), pursuant to that certain Agreement and Plan of Merger, dated as of October 4, 2024 (the "Merger Agreement"), among the Issuer, Vista Outdoor Inc., Cabin Ridge Inc. and Olibre LLC, each share of the Issuer's common stock ("Common Stock") (other than any such shares of Common Stock held by the Issuer, its subsidiaries or Olibre LLC) was converted into the right to receive an amount in cash equal to the Merger Consideration (as defined in the Merger Agreement).
F3	Pursuant to the Merger Agreement, at the Effective Time (as defined in the Merger Agreement), each RSU vested and was canceled in exchange for a lump-sum cash payment, without interest, equal to the product of (i) the number of shares of Common Stock subject to such RSU as of immediately prior to the Effective Time and (ii) the Merger Consideration, less any applicable withholding for taxes.
F4	Pursuant to the Merger Agreement, at the Effective Time, each stock option, whether vested or unvested, was canceled in exchange for a lump-sum cash payment, without interest, equal to the product (if any) of (i) the number of shares of Common Stock for which such option has not been exercised and (ii) the excess of the Merger Consideration over the exercise price per share of such option, less any applicable withholding for taxes.