SILVERBOX ENGAGED SPONSOR LLC - 10 Aug 2022 Form 4 Insider Report for BRC Inc. (BRCC)

Signature
Joseph Reece, as Authorized Signatory of SilverBox Capital LLC, as managing member SilverBox Engaged Sponsor LLC
Issuer symbol
BRCC
Transactions as of
10 Aug 2022
Net transactions value
$0
Form type
4
Filing time
11 Aug 2022, 16:05:53 UTC
Previous filing
11 May 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BRCC Class A Common Stock Other $0 -8,315,759 -100% $0.000000* 0 10 Aug 2022 Direct F1
* 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 SilverBox Capital LLC is the managing member of SilverBox Engaged Sponsor LLC (the "Sponsor"), and Mr. Reece and Mr. Kadenacy are each a principal of SilverBox Capital LLC. As such, they may be deemed to have or share beneficial ownership of the Class A common stock held directly by the Sponsor. Represents the distribution of shares of Class A common stock of BRC Inc. for no consideration by the Sponsor to its members on a pro rata basis in accordance with their respective interests. As a result, the Sponsor and the other reporting persons are no longer a 10% Owner.