SILVERBOX ENGAGED SPONSOR LLC - 09 Feb 2022 Form 4 Insider Report for SILVERBOX ENGAGED MERGER CORP I

Role
Chief Executive Officer, Director, 10%+ Owner
Signature
/s/ Joseph Reece, as Authorized Signatory of SilverBox Capital LLC, as managing member SilverBox Engaged Sponsor LLC
Issuer symbol
N/A
Transactions as of
09 Feb 2022
Net transactions value
$0
Form type
4
Filing time
09 Feb 2022, 15:06:20 UTC
Next filing
12 Apr 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SBEA Class A Common Stock Other -4,812,243 -100% 0 09 Feb 2022 Direct F1, F2

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 SBEA Warrants Other +6,266,667 0 09 Feb 2022 Class A Common Stock 0 $11.50 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

SILVERBOX ENGAGED SPONSOR LLC is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Represents Class B common stock converted into shares of Class A common stock of BRC Inc. ("PubCo") through a series of transactions in connection with the business combination of the Issuer and Authentic Brands LLC ("Authentic Brands"), pursuant to that certain Business Combination Agreement, dated as of November 2, 2021, by and among the Issuer, Authentic Brands, PubCo and the other entities party thereto.
F2 SilverBox Capital LLC is the managing member of SilverBox Engaged Sponsor LLC, and Mr. Reece and Mr. Kadenacy, the Issuer's Chairman and Chief Executive Officer, respectively, are each a principal of SilverBox Capital LLC. As such, they may be deemed to have or share beneficial ownership of the Class B common stock held directly by SilverBox Engaged Sponsor LLC. Such person disclaims any beneficial ownership of the reported shares other than to the extent of any pecuniary interest such person may have therein, directly or indirectly.