Key facts
- This page summarizes BERTRAM GROWTH CAPITAL III ANNEX FUND, L.P.'s Form 4 filing for Solo Brands, Inc. (DTCB).
- 2 reported transactions and 0 derivative rows are listed below.
- Accepted by SEC: 17 May 2023, 16:10.
BERTRAM GROWTH CAPITAL III ANNEX FUND, L.P. - 16 May 2023 Form 4 Insider Report for Solo Brands, Inc. (DTCB)
- Reporting relationship
- 10%+ Owner
- Issuer ticker
- DTCB
- Reported as of
- 16 May 2023
- Net transaction value
- -$18,015,320
- SEC form
- 4
- Accepted by SEC
- 17 May 2023, 16:10:23 UTC
- Prior SEC filing
- 28 Oct 2021
- Source filing
- View source filing
- Reporting owner signature
- Bertram Growth Capital III Annex Fund, L.P., by Bertram Growth Capital III Annex Fund (GP), L.P., its general partner, by Bertram Growth Capital III (GPLLC), L.L.C., its general partner, by /s/ Jeffrey M. Drazan, Manager
Source evidence
Original filing metadata and source links for verification.
4 source fields
Reporting owner
1 detail
Key filing fact
BERTRAM GROWTH CAPITAL III ANNEX FUND, L.P. filed Form 4 for Solo Brands, Inc. (DTCB) on 17 May 2023.
Change
- Previous filing in this sequence was filed on 28 Oct 2021.
- Current net transaction value: -$18,015,320.
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
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
DTC
transaction
Class A Common Stock
Sale
- Transaction value
- $12,043,355
- Shares
- -2,408,671
- Change %
- -61%
- Price
- $5.00
- Shares after
- 1,555,694
- Date
- 16 May 2023
- Ownership
- See footnote
- Footnotes
- F1, F2
DTC
transaction
Class A Common Stock
Sale
- Transaction value
- $5,971,965
- Shares
- -1,194,393
- Change %
- -77%
- Price
- $5.00
- Shares after
- 361,301
- Date
- 16 May 2023
- Ownership
- See footnote
- Footnotes
- F2, F3
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Section 16 status
BERTRAM GROWTH CAPITAL III ANNEX FUND, L.P. 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 May 16, 2023, Bertram Growth Capital III Annex Fund, L.P. ("BGC III Annex") sold 2,408,671 shares of Class A common stock (the "Class A common stock") of Solo Brands, Inc. (the "Issuer") in a registered underwritten public offering (the "Offering"), pursuant to that certain Underwriting Agreement, dated as of May 11, 2023, by and among the Issuer, Solo Stove Holdings, LLC, BGC III Annex, the other selling stockholders named therein, and BofA Securities, Inc. and Jefferies LLC, as representatives of the other underwriters named therein. The price to the public in the Offering was $5.25 per share. The per share sale price reported in this Form 4 reflects underwriting discounts and commissions.
Footnote F2
BGC III Annex is the direct owner of the shares of Class A common stock. Bertram Growth Capital III Annex Fund (GP), L.P. ("BGC III Annex GP") is the general partner of BGC III Annex. Bertram Growth Capital III (GPLLC), L.L.C. ("BGC III (GPLLC)") is the general partner of BGC III Annex GP. Jeffrey M. Drazan is the manager of BGC III (GPLLC). As such, each of these entities and Mr. Drazan may be deemed to share beneficial ownership of the shares of Class A common stock held of record by BGC III Annex. Each of BGC III Annex GP, BGC III (GPLLC) and Mr. Drazan disclaims beneficial ownership of the shares of Class A common stock held of record by BGC III Annex.
Footnote F3
On May 16, 2023, in connection with the closing of the Offering, BGC III Annex sold 1,194,393 shares of Class A common stock to the Issuer, pursuant to that certain Stock Purchase Agreement, dated May 10, 2023, by and among the Issuer, BGC III Annex and the other selling stockholders named therein, at a price of $5.00 per share.