Jonathan Sebastiani - Nov 20, 2023 Form 4 Insider Report for Vintage Wine Estates, Inc. (VWE)

Role
Director, Member of 10% owner group
Signature
/s/ Kristina L. Johnston, Attorney-in-Fact for Jonathan Sebastiani
Stock symbol
VWE
Transactions as of
Nov 20, 2023
Transactions value $
$6,387
Form type
4
Date filed
11/22/2023, 06:18 PM
Previous filing
Jun 2, 2023
Next filing
Nov 27, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VWE Common Stock Purchase $1.84K +3.6K +2.91% $0.51 127K Nov 20, 2023 Direct F1, F2
transaction VWE Common Stock Purchase $4.55K +8.27K +6.5% $0.55 136K Nov 21, 2023 Direct F2, F3
holding VWE Common Stock 1.13M Nov 20, 2023 By Sonoma Brands entities F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $0.50 to $0.52, inclusive. Mr. Sebastiani undertakes to provide Vintage Wine Estates, Inc., any security holder of Vintage Wine Estates, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.
F2 Includes 10,478 RSUs that vest on 11/30/2023.
F3 The price reported is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $0.536 to $0.55, inclusive. Mr. Sebastiani undertakes to provide Vintage Wine Estates, Inc., any security holder of Vintage Wine Estates, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.
F4 Mr. Sebastiani has sole voting and dispositive power over the 684,881 shares owned by Sonoma Brands II, LP, the 410,715 shares owned by Sonoma Brands VWE Co-Invest, L.P. and the 39,350 shares owned by Sonoma Brands II Select, L.P. Mr. Sebastiani disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein. Sonoma Brands Partners II, LLC is the managing member of Sonoma Brands II GP, LLC, which is the general partner of Sonoma Brands II, L.P., Sonoma Brands VWE Co-Invest, L.P. and Sonoma Brands II Select, L.P.