Silverbox Engaged Sponsor Llc - Feb 9, 2022 Form 3/A - Amendment Insider Report for BRC Inc. (BRCC)

Role: 10%+ Owner
Signature: /s/ Joseph Reece, as Authorized Signatory of SilverBox Capital LLC, as managing member SilverBox Engaged Sponsor LLC
Stock symbol: BRCC
Transactions as of: Feb 9, 2022
Transactions value $: $0
Form type: 3/A - Amendment
Date filed: 2/14/2022, 06:46 PM
Date Of Original Report: Feb 9, 2022
Next filing: Apr 12, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	BRCC	Class A Common Stock						4.81M	Feb 9, 2022	Direct	F1, F2, F3

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
holding	BRCC	Warrants							Feb 9, 2022	Class A Common Stock	6.27M	$11.50	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	This Form 3 amendment is being filed to correct the original Form 3 filed on February 9, 2022. The original Form 3 incorrectly reported the number of shares of Class A common stock of BRC Inc. owned by SilverBox Engaged Sponsor LLC.
F2	Represents securities of BRC Inc. ("PubCo") received in connection with the business combination of SilverBox Engaged Merger Corp I ("SilverBox-Engaged") and Authentic Brands LLC ("Authentic Brands"), pursuant to that certain Business Combination Agreement, dated as of November 2, 2021, by and among SilverBox-Engaged, Authentic Brands, PubCo and the other entities party thereto.
F3	SilverBox Engaged Sponsor LLC is the record holder of the securities reported herein. SilverBox Capital LLC is the managing member of SilverBox Engaged Sponsor LLC, Mr. Joseph Reece and Mr. Stephen Kadenacy are each a principal of SilverBox Capital LLC. As such, they may be deemed to have or share beneficial ownership of the securities held directly by SilverBox Engaged Sponsor LLC. Each such person disclaims any beneficial ownership of the reported shares other than to the extent of any pecuniary interests they may have therein, directly or indirectly.