Hans-Jurgen Herr - 26 May 2022 Form 4 Insider Report for Weber Inc.

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
31 May 2022, 21:41:46 UTC
Prior SEC filing
23 Feb 2022
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Philip Zadeik as Attorney-in-Fact for Hans-Jurgen Herr

Key filing fact

Hans-Jurgen Herr filed Form 4 for Weber Inc. on 31 May 2022.

Key facts

  • This page summarizes Hans-Jurgen Herr's Form 4 filing for Weber Inc..
  • 4 reported transactions and 2 derivative rows are listed below.
  • Accepted by SEC: 31 May 2022, 21:41.

Change

  • Previous filing in this sequence was filed on 23 Feb 2022.
  • Current net transaction value: -$386,265.

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 B Common Stock

Conversion of derivative security

Transaction value
$0
Shares
-50,000
Change %
-100%
Price
$0.000000*
Shares after
0
Date
26 May 2022
Ownership
Direct
Footnotes
F1
WEBR transaction

Class A Common Stock

Conversion of derivative security

Transaction value
$0
Shares
+50,000
Change %
+13%
Price
$0.000000
Shares after
426,540
Date
26 May 2022
Ownership
Direct
Footnotes
F6
WEBR transaction

Class A Common Stock

Sale

Transaction value
$386,265
Shares
-50,000
Change %
-12%
Price
$7.73
Shares after
376,540
Date
31 May 2022
Ownership
Direct
Footnotes
F7
WEBR holding

Class B Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
328,243
Date
26 May 2022
Ownership
See Footnotes
Footnotes
F2, F3
WEBR holding

Class B Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
533,071
Date
26 May 2022
Ownership
See Footnotes
Footnotes
F4, F5

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

WEBR transaction Derivative

LLC Units in Weber HoldCo LLC

Conversion of derivative security

Transaction value
$0
Shares
-50,000
Change %
-13%
Price
$0.000000
Shares after
328,243
Date
26 May 2022
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
50,000
Exercise price
$0.000000
Footnotes
F1
WEBR holding Derivative

LLC Units in Weber HoldCo LLC

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
533,071
Date
26 May 2022
Ownership
See Footnotes
Underlying class
Class A Common Stock
Underlying amount
533,071
Exercise price
$0.000000
Footnotes
F2, F3, F4, F5
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 7 footnotes

Footnote F1

Reflects shares of Class B common stock of the issuer ("Class B Common Stock") and common units of Weber HoldCo LLC ("LLC Units") disposed of by the reporting person as part of a Redemption (as defined below).

Footnote F2

Reflects shares of Class B Common Stock and LLC Units in which the reporting person holds an indirect pecuniary interest through ownership of corresponding common units of Weber-Stephen Management Pool LLC ("Management Pool LLC"). The LLC Units (and a corresponding number of shares of Class B Common Stock) may be distributed to the reporting person at the reporting person's election, in which case the reporting person may then require Weber HoldCo LLC to redeem the LLC Units for newly issued shares of Class A common stock of the issuer ("Class A Common Stock") on a one-for-one basis (at which time, a corresponding number of shares of Class B Common Stock will also be cancelled on a one-for-one basis) or, at the issuer's election, an equivalent cash payment (a "Redemption").

Footnote F3

The LLC Units were received by Management Pool LLC in the reorganization transactions effected in connection with the issuer's initial public offering in replacement of historical units of a predecessor entity. The LLC Units do not expire.

Footnote F4

Reflects shares of Class B Common Stock and LLC Units in which Herr4Living GmbH (the "Trust"), holds an indirect pecuniary interest through ownership of corresponding common units of Management Pool LLC. The LLC Units (and a corresponding number of shares of Class B Common Stock) may be distributed to the Trust at the Trust's election, in which case the Trust may then require Weber HoldCo LLC to redeem the LLC Units for newly issued shares of the Class A Common Stock on a one-for-one basis (at which time, a corresponding number of shares of Class B Common Stock will also be cancelled on a one-for-one basis) or, at the issuer's election, an equivalent cash payment. The LLC Units were received by Management Pool LLC in the reorganization transactions effected in connection with the issuer's initial public offering in replacement of historical units of a predecessor entity.

Footnote F5

The LLC Units do not expire. The reporting person may be deemed to have a pecuniary interest in the holdings of the Trust. The reporting person disclaims beneficial ownership in the securities described above except to the extent of his pecuniary interest therein.

Footnote F6

Reflects shares of Class A Common Stock received by the reporting person in connection with a Redemption.

Footnote F7

Represents the weighted average sales price of the shares sold ranging from a low of $7.655 to a high of $7.830 per share. The Reporting Person undertakes, upon request by the staff of the Division of Corporate Finance of the Securities and Exchange Commission (the "Staff"), the Issuer or a security holder of the Issuer, to provide full information regarding the number of shares sold at each price.

SEC remarks

The reporting person's title is President Emeritus and Executive Vice President of Growth Projects, Weber EMEA.

We use cookies and similar technologies to provide certain features, enhance the user experience and, if you allow them, measure engagement and deliver advertising. Analytics and marketing storage stay off until you grant consent. By clicking on "Agree and continue", you declare your consent to the use of the selected optional cookies. Manage preferences to update or revoke optional consent for future visits. For more information, see our Privacy Policy .