Key facts
- This page summarizes William J. Horton's Form 4 filing for Weber Inc..
- 4 reported transactions and 3 derivative rows are listed below.
- Accepted by SEC: 10 Jan 2023, 20:31.
William J. Horton - 06 Jan 2023 Form 4 Insider Report for Weber Inc.
- Reporting relationship
- Chief Financial Officer
- Issuer ticker
- N/A
- Reported as of
- 06 Jan 2023
- Net transaction value
- $0
- SEC form
- 4
- Accepted by SEC
- 10 Jan 2023, 20:31:19 UTC
- Prior SEC filing
- 09 Nov 2022
- Source filing
- View source filing
- Reporting owner signature
- /s/ Erik Chalut as Attorney-in-Fact for William J. Horton
Source evidence
Original filing metadata and source links for verification.
4 source fields
Reporting owner
1 detail
Key filing fact
William J. Horton filed Form 4 for Weber Inc. on 10 Jan 2023.
Change
- Previous filing in this sequence was filed on 09 Nov 2022.
- Current net transaction value: $0.
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.
WEBR
transaction
Class B Common Stock
Conversion of derivative security
- Transaction value
- Shares
- +160,942
- Change %
- Price
- Shares after
- 160,942
- Date
- 06 Jan 2023
- Ownership
- See footnotes
- Footnotes
- F1, F2, F3
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
WEBR
transaction
Derivative
Profits Units in Weber HoldCo LLC
Conversion of derivative security
- Transaction value
- Shares
- -448,849
- Change %
- -67%
- Price
- Shares after
- 224,424
- Date
- 06 Jan 2023
- Ownership
- See footnotes
- Underlying class
- Class A Common Stock
- Underlying amount
- 448,849
- Exercise price
- $5.79
- Footnotes
- F3, F4, F5
WEBR
transaction
Derivative
Profits Units in Weber HoldCo LLC
Conversion of derivative security
- Transaction value
- Shares
- -448,849
- Change %
- -67%
- Price
- Shares after
- 224,424
- Date
- 06 Jan 2023
- Ownership
- See footnotes
- Underlying class
- Class A Common Stock
- Underlying amount
- 448,849
- Exercise price
- $7.50
- Footnotes
- F3, F4, F5
WEBR
transaction
Derivative
LLC Units in Weber HoldCo LLC
Conversion of derivative security
- Transaction value
- Shares
- +160,942
- Change %
- Price
- Shares after
- 160,942
- Date
- 06 Jan 2023
- Ownership
- See footnotes
- Underlying class
- Class A Common Stock
- Underlying amount
- 160,942
- Exercise price
- $0.000000
- Footnotes
- F1, F2, F3
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 5 footnotes
Footnote F1
Reflects the issuance of shares of Class B common stock of the issuer ("Class B Common Stock") (and a corresponding number of common units of Weber HoldCo LLC ("LLC Units")) to Weber-Stephen Management Pool LLC ("Management Pool LLC") upon the conversion of Profits Units (as defined below) based on the intrinsic or spread value of the Profits Units at the time of conversion.
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 Management Pool LLC.
Footnote F3
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. The LLC Units do not expire.
Footnote F4
Reflects profits units in Weber HoldCo LLC (the "Profits Units") in which the reporting person holds an indirect pecuniary interest through ownership of corresponding profits units of Management Pool LLC. The Profits Units are convertible, at the reporting person's election, into LLC Units based on the intrinsic or spread value of the Profits Units at the time of conversion (at which time a corresponding number of shares of Class B Common Stock would be issued to Weber HoldCo LLC).
Footnote F5
Any Profits Units that have not been converted into LLC Units will automatically be converted into LLC Units following the first to occur of (i) the five-year anniversary of vesting and (ii) the one-year anniversary of the reporting person's termination of employment.