Clayton M. Hutmacher - 07 Jun 2024 Form 4 Insider Report for BRC Inc. (BRCC)

Role: Director
Signature: /s/ Andrew McCormick, as attorney-in-fact
Issuer symbol: BRCC
Transactions as of: 07 Jun 2024
Net transactions value: $0
Form type: 4
Filing time: 11 Jun 2024, 16:38:48 UTC
Next filing: 23 Jun 2025
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	+55,814		$0.000000	55,814	07 Jun 2024	Direct	F1

* 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. in the form of (i) 10,133 restricted stock units acquired by the reporting person in lieu of annual board retainer fees that vest in four quarterly installments until the anniversary of the grant date, (ii) 20,764 restricted stock units that vest on the first anniversary of the grant date and (iii) 24,917 restricted stock units 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.

Content

Represents awards of restricted stock units under the 2022 Omnibus Incentive Plan of BRC Inc. in the form of (i) 10,133 restricted stock units acquired by the reporting person in lieu of annual board retainer fees that vest in four quarterly installments until the anniversary of the grant date, (ii) 20,764 restricted stock units that vest on the first anniversary of the grant date and (iii) 24,917 restricted stock units 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.