Evan Hafer - 15 Dec 2023 Form 4 Insider Report for BRC Inc. (BRCC)

Signature
/s/ Evan Hafer
Issuer symbol
BRCC
Transactions as of
15 Dec 2023
Net transactions value
$0
Form type
4
Filing time
15 Dec 2023, 16:04:31 UTC
Previous filing
10 May 2022
Next filing
29 Dec 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BRCC Class B Common Stock Gift $0 -100,000 -0.29% $0.000000 34,317,374 15 Dec 2023 Through EKNRH Holdings LLC 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 BRCC Common Units Gift -100,000 -0.29% 34,317,374 15 Dec 2023 Class A Common Stock 100,000 Through EKNRH Holdings LLC F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reported securities provide no economic rights in BRC Inc. (the "Issuer") to the holder thereof but each share of Class B Common Stock ("Class B Share") entitles the holder to one vote as a common stockholder of the Issuer.
F2 The reported securities are common units of Authentic Brands LLC (the "Common Units"). These Common Units may be exchanged by the holder (upon forfeiture of an equivalent number of Class B Shares) for an equivalent number of shares of Class A Common Stock of the Issuer (or the cash value thereof, at the election of the Issuer).

Remarks:

Mr. Hafer owns the reported securities through EKNRH Holdings LLC, an entity managed by him.