Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | BRCC | Common Units | Conversion of derivative security | $0 | -10.9K | -0.15% | $0.00 | 7.08M | Sep 9, 2024 | Class A Common Stock | 10.9K | Direct | F2, F3 | |
transaction | BRCC | Common Units | Conversion of derivative security | $0 | -15.5K | -1.28% | $0.00 | 1.2M | Sep 9, 2024 | Class A Common Stock | 15.5K | Held through an LLC | F2, F3 |
Id | Content |
---|---|
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. |
F2 | Represents the exchange of an aggregate of 26,428 common units of Authentic Brands LLC (the "Common Units") for an equivalent number of shares of Class A Common Stock of the Issuer and the forfeiture of an equivalent number of Class B Shares of the Issuer. |
F3 | The Common Units may be exchanged by the holder (upon forfeiture of an equivalent number of Class B Shares), at any time and from time to time, 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). |