Robert Henry Lee - 02 Mar 2025 Form 3 Insider Report for BRC Inc. (BRCC)

Role
Principal Accounting Officer
Signature
/s/ Andrew McCormick, as attorney-in-fact
Issuer symbol
BRCC
Transactions as of
02 Mar 2025
Net transactions value
$0
Form type
3
Filing time
11 Mar 2025, 19:45:41 UTC
Next filing
11 Mar 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding BRCC Class A Common Stock 41,257 02 Mar 2025 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding BRCC Stock Option (right to buy) 02 Mar 2025 Class A Common Stock 11,408 $2.93 Direct F2
holding BRCC Stock Option (right to buy) 02 Mar 2025 Class A Common Stock 39,590 $3.91 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes awards in the form of restricted stock units ("RSU") under the 2022 Omnibus Incentive Plan of BRC Inc. that vest in three equal annual installments beginning on the first anniversary of the grant date. 19,198 RSUs were granted on November 1, 2023, of which 12,799 are unvested. 22,059 RSUs were granted on February 23, 2024, of which 14,707 are unvested. Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock upon settlement for no consideration.
F2 The option vests in three equal installments over a period of three years beginning on the first anniversary of the grant date, subject to the Reporting Person's continuous service to the Issuer on and through each applicable vesting date, inclusive. The option was granted on November 1, 2023.
F3 The option vests in three equal installments over a period of three years beginning on the first anniversary of the grant date, subject to the Reporting Person's continuous service to the Issuer on and through each applicable vesting date, inclusive. The option was granted on February 23, 2024.

Remarks:

Exhibit 24 - Power of Attorney