Thomas E. Davin - 06 May 2022 Form 4 Insider Report for BRC Inc. (BRCC)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
10 May 2022, 21:18:47 UTC
Prior SEC filing
04 May 2022
Next SEC filing
04 May 2023
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Gregory Iverson, as attorney-in-fact

Key filing fact

Thomas E. Davin filed Form 4 for BRC Inc. (BRCC) on 10 May 2022.

Key facts

  • This page summarizes Thomas E. Davin's Form 4 filing for BRC Inc. (BRCC).
  • 2 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 10 May 2022, 21:18.

Change

  • Previous filing in this sequence was filed on 04 May 2022.
  • Current net transaction value: $0.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

BRCC transaction

Class B Common Stock

Other

Transaction value
Shares
+37,798
Change %
+0.51%
Price
Shares after
7,394,756
Date
06 May 2022
Ownership
Direct
Footnotes
F1, F2

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

BRCC transaction Derivative

Common Units

Other

Transaction value
Shares
+37,798
Change %
+0.51%
Price
Shares after
7,394,756
Date
06 May 2022
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
37,798
Exercise price
Footnotes
F2, F3
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote F1

The reported securities provide no economic rights in BRC Inc. (the "Issuer") to the holder thereof but each share of Class B Common Stock ("Class B Share") entitles the holder to one vote as a common stockholder of the Issuer.

Footnote F2

The securities were issued following the satisfaction of certain conditions set forth in the Business Combination Agreement, dated as of November 2, 2021, as amended by the First Amendment to Business Combination Agreement, dated as of January 4, 2022, each by and among the Issuer, SilverBox Engaged Merger Corp I, Authentic Brands LLC ("Authentic Brands") and certain other parties thereto.

Footnote F3

The reported securities are common units of Authentic Brands LLC. Beginning on the earlier of August 9, 2022 or such earlier expiration of the lock-up period set forth in an agreement between the Issuer and the Reporting Person, these Common Units may be exchanged by the holder (upon forfeiture of an equivalent number of Class B Shares) for an equivalent number of shares of Class A Common Stock of the Issuer (or the cash value thereof, at the election of the Issuer).

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