Brett I. Parker - 20 Feb 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
20 Feb 2025
Net transactions value
-$21,053,780
Form type
4
Filing time
21 Feb 2025, 18:51:26 UTC
Previous 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 Sale $20,165,388 -1,747,434 -78% $11.54 498,092 20 Feb 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) Expiration (or cancellation) of long derivative position with value received $606,375 -393,750 -100% $1.54 0 20 Feb 2025 Class A Common Stock 393,750 $10.00 Direct F2, F3
transaction LUCK Stock option (right to buy) Expiration (or cancellation) of long derivative position with value received $282,017 -183,128 -100% $1.54 0 20 Feb 2025 Class A Common Stock 183,128 $10.00 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Brett I. Parker is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Mr. Parker agreed to sell the shares of Class A common stock in consideration for a payment to him in the aggregate amount of $20,165,388.36, subject to certain conditions. The closing of the transaction is expected to occur in March, 2025.
F2 Mr. Parker agreed to cancel the stock options in consideration for a payment to him in the aggregate amount of $888,392, subject to certain conditions. The closing of the transaction is expected to occur in March, 2025.
F3 The stock options vested and became exercisable in one-third installments on the first, second and third anniversaries of December 15, 2021.