B. Riley Financial, Inc. - Jun 14, 2021 Form 4 Insider Report for B. Riley Principal 250 Merger Corp. (BRIV)

Role: Director, 10%+ Owner
Signature: /s/ Russell Deutsch, Attorney-in-Fact for B. Riley Financial, Inc.
Stock symbol: BRIV
Transactions as of: Jun 14, 2021
Transactions value $: $450,000
Form type: 4
Date filed: 6/17/2021, 06:10 AM
Previous filing: May 24, 2021
Next filing: Jun 29, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	BRIV	Class A Common Stock	Award	$450K	+45K	+8.11%	$10.00	600K	Jun 14, 2021	By B. Riley Principal 250 Sponsor Co. LLC	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The reported shares of Class A Common Stock represent 45,000 of the Issuer's Private Placement Units purchased on June 14, 2021 in connection with the underwriters' exercise in full of the over-allotment option, as described under the heading "Description of Securities " in the Issuer's registration statement on Form S-1 (File No. 333-253464), purchased by the Reporting Persons for $10.00 per Private Placement Unit.
F2	B. Riley Principal Investments, LLC ("BRPI") is the managing member of B. Riley Principal 250 Sponsor Co., LLC (the "Sponsor") and is a wholly-owned subsidiary of B. Riley Financial, Inc. ("BRF"). BRPI and BRF have voting and dispositive power over the securities held by the Sponsor. Bryant R. Riley is the Co-Chief Executive Officer and Chairman of the Board of Directors of BRF. Bryant R. Riley is also the Chairman of the Board of Directors of the Issuer. As a result, each of BRPI, BRF and Bryant R. Riley may be deemed to indirectly beneficially own the securities directly held the sponsor. Each of BRPI, BRF and Bryant R. Riley disclaims beneficial ownership over any securities directly held by the Sponsor other than to the extent of its/his respective pecuniary interest therein, directly or indirectly.

Content

The reported shares of Class A Common Stock represent 45,000 of the Issuer's Private Placement Units purchased on June 14, 2021 in connection with the underwriters' exercise in full of the over-allotment option, as described under the heading "Description of Securities " in the Issuer's registration statement on Form S-1 (File No. 333-253464), purchased by the Reporting Persons for $10.00 per Private Placement Unit.

B. Riley Principal Investments, LLC ("BRPI") is the managing member of B. Riley Principal 250 Sponsor Co., LLC (the "Sponsor") and is a wholly-owned subsidiary of B. Riley Financial, Inc. ("BRF"). BRPI and BRF have voting and dispositive power over the securities held by the Sponsor. Bryant R. Riley is the Co-Chief Executive Officer and Chairman of the Board of Directors of BRF. Bryant R. Riley is also the Chairman of the Board of Directors of the Issuer. As a result, each of BRPI, BRF and Bryant R. Riley may be deemed to indirectly beneficially own the securities directly held the sponsor. Each of BRPI, BRF and Bryant R. Riley disclaims beneficial ownership over any securities directly held by the Sponsor other than to the extent of its/his respective pecuniary interest therein, directly or indirectly.

Remarks:

The Sponsor, BRPI and BRF may be deemed directors by deputization by virtue of their representation on the board of directors of the Issuer. Bryant R. Riley is Chairman of the board of directors of the Issuer.