Smith Roland - May 2, 2022 Form 4 Insider Report for BRC Inc. (BRCC)

Role
Director
Signature
/s/ Gregory Iverson, as attorney-in-fact
Stock symbol
BRCC
Transactions as of
May 2, 2022
Transactions value $
$0
Form type
4
Date filed
5/4/2022, 09:06 PM
Previous filing
Feb 9, 2022
Next filing
Jul 19, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BRCC Class A Common Stock Award $0 +31.8K $0.00 31.8K May 2, 2022 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 ("RSUs") under the 2022 Omnibus Incentive Plan of BRC Inc. (the "Issuer"), in the form of (i) 15,000 restricted stock units that vest ratably one third on each anniversary of the grant date, (ii) 3,650 restricted stock units that vest in equal quarterly installments until the first anniversary of the grant date and (iii) 13,120 restricted stock units that vest on the first anniversary of the grant date. Each restricted stock unit represents a contingent right to receive one share of the Issuer's Class A Common Stock upon settlement for no consideration. Shares of the Issuer's Class A Common Stock will be delivered to the Reporting Person following vesting.