Brett I. Parker - 13 Jan 2025 Form 4 Insider Report for Lucky Strike Entertainment Corp (LUCK)

Role: Executive Vice Chairman, Director
Signature: /s/ Jason Cohen, Attorney-in-Fact
Issuer symbol: LUCK
Transactions as of: 13 Jan 2025
Net transactions value: -$4,170,198
Form type: 4
Filing time: 15 Jan 2025, 16:56:15 UTC
Previous filing: 27 Nov 2024
Next filing: 21 Jan 2025
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	LUCK	Class A Common Stock	Options Exercise	$32,306,630	+4,079,120	+236%	$7.92	5,804,236	13 Jan 2025	Direct	F1
transaction	LUCK	Class A Common Stock	Tax liability	$36,476,829	-3,558,715	-61%	$10.25	2,245,521	13 Jan 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
transaction	LUCK	Stock option (right to buy)	Options Exercise	$0	-4,079,120	-100%	$0.000000	0	13 Jan 2025	Class A Common Stock	4,079,120	$7.92	Direct	F1

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

Explanation of Responses:

Id	Content
F1	On January 13, 2025, Mr. Parker exercised a stock option, originally granted on January 7, 2020 by the Company's predecessor and later exchanged for an option to purchase shares of the Company's Class A common stock (the "Common Stock"), for the purchase of 4,079,120 shares of Common Stock at an exercise price of $7.92 per share (the "Option Shares"). Mr. Parker elected to pay the exercise price and withholding taxes for the Option Shares by having the Company withhold from the Option Shares a number of shares having a fair market value equal to the aggregate exercise price of $32,306,630.40 plus the applicable withholding taxes of $4,170,198.35. The fair market value of the Company's Common Stock on January 13, 2025 was $10.25 per share.

Content

On January 13, 2025, Mr. Parker exercised a stock option, originally granted on January 7, 2020 by the Company's predecessor and later exchanged for an option to purchase shares of the Company's Class A common stock (the "Common Stock"), for the purchase of 4,079,120 shares of Common Stock at an exercise price of $7.92 per share (the "Option Shares"). Mr. Parker elected to pay the exercise price and withholding taxes for the Option Shares by having the Company withhold from the Option Shares a number of shares having a fair market value equal to the aggregate exercise price of $32,306,630.40 plus the applicable withholding taxes of $4,170,198.35. The fair market value of the Company's Common Stock on January 13, 2025 was $10.25 per share.