Andrew McCormick - Feb 23, 2024 Form 4 Insider Report for BRC Inc. (BRCC)

Role
Gen. Counsel & Corp. Secretary
Signature
/s/ Andrew McCormick
Stock symbol
BRCC
Transactions as of
Feb 23, 2024
Transactions value $
$0
Form type
4
Date filed
2/27/2024, 04:59 PM
Previous filing
Sep 20, 2023
Next filing
Sep 23, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BRCC Class A Common Stock Award $0 +25.6K +25.04% $0.00 128K Feb 23, 2024 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 BRCC Stock Option (right to buy) Award $0 +138K $0.00 138K Feb 23, 2024 Class A Common Stock 138K $3.91 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents awards of restricted stock units under the 2022 Omnibus Incentive Plan of BRC Inc. that vest in three equal annual installments beginning on the first anniversary of the grant date. Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock upon settlement for no consideration.
F2 The option vests in three equal annual installments beginning on the first anniversary of the grant date.