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

Role
Gen. Counsel & Corp. Secretary
Signature
/s/ Andrew McCormick
Issuer symbol
BRCC
Transactions as of
23 Feb 2024
Net transactions value
$0
Form type
4
Filing time
27 Feb 2024, 16:59:07 UTC
Previous filing
20 Sep 2023
Next filing
23 Sep 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BRCC Class A Common Stock Award $0 +25,575 +25% $0.000000 127,730 23 Feb 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 +137,706 $0.000000 137,706 23 Feb 2024 Class A Common Stock 137,706 $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.