Elliott Hill - 21 Feb 2023 Form 4 Insider Report for Weber Inc.

Reporting relationship: Director
Issuer ticker: N/A
Reported as of: 21 Feb 2023
Net transaction value: -$162,779
SEC form: 4
Accepted by SEC: 23 Feb 2023, 20:23:07 UTC
Prior SEC filing: 25 Mar 2022
Next SEC filing: 16 Oct 2024
Source filing: View source filing
Reporting owner signature: /s/ Erik Chalut as Attorney-in-Fact for Elliott Hill

Key filing fact

Elliott Hill filed Form 4 for Weber Inc. on 23 Feb 2023.

Key facts

This page summarizes Elliott Hill's Form 4 filing for Weber Inc..
2 reported transactions and 0 derivative rows are listed below.
Accepted by SEC: 23 Feb 2023, 20:23.

Change

Previous filing in this sequence was filed on 25 Mar 2022.
Current net transaction value: -$162,779.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

WEBR transaction

Class A Common Stock

Other

Transaction value: $71,878
Shares: -8,929
Change %: -44%
Price: $8.05
Shares after: 11,292
Date: 21 Feb 2023
Ownership: Direct
Footnotes: F1, F2

WEBR transaction

Class A Common Stock

Other

Transaction value: $90,901
Shares: -11,292
Change %: -100%
Price: $8.05
Shares after: 0
Date: 21 Feb 2023
Ownership: Direct
Footnotes: F1, F3

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

Elliott Hill is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 3 footnotes

Footnote F1

On February 21, 2023, Ribeye Parent, LLC ("Parent") acquired the issuer pursuant to that certain Agreement and Plan of Merger entered into by and among the issuer, Parent and Ribeye Merger Sub, Inc., a direct, wholly owned subsidiary of Parent ("Merger Sub"), dated as of December 11, 2022 (the "Merger Agreement"). In accordance with the Merger Agreement, Merger Sub merged with and into the issuer, with the issuer surviving such merger as a wholly owned subsidiary of Parent (the "Merger").

Footnote F2

Reflects shares of Class A common stock of the issuer ("Class A Common Stock") that, pursuant to the Merger Agreement and in connection with the consummation of the Merger, were automatically canceled and converted into the right to receive the Merger consideration.

Footnote F3

Represents shares of Class A Common Stock pursuant to awards of restricted stock units ("RSUs") granted to the reporting person. Pursuant to the Merger Agreement and in connection with the consummation of the Merger, such RSUs were automatically accelerated and canceled and converted into the right to receive the Merger consideration.