SMITH ROLAND - 18 Jul 2022 Form 4 Insider Report for BRC Inc. (BRCC)

Role: Executive Chairman, Director
Signature: /s/ Andrew McCormick, as attorney-in-fact
Issuer symbol: BRCC
Transactions as of: 18 Jul 2022
Net transactions value: $0
Form type: 4
Filing time: 19 Jul 2022, 21:12:44 UTC
Previous filing: 04 May 2022
Next filing: 09 May 2023
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	+76,742	+242%	$0.000000	108,512	18 Jul 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 76,742 restricted stock units that vest ratably one third on each 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.

Content

Represents awards of restricted stock units ("RSUs") under the 2022 Omnibus Incentive Plan of BRC Inc. (the "Issuer"), in the form of 76,742 restricted stock units that vest ratably one third on each 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.