Key facts
- This page summarizes Steffen Hahn's Form 4 filing for Weber Inc..
- 5 reported transactions and 2 derivative rows are listed below.
- Accepted by SEC: 23 Feb 2023, 20:16.
Steffen Hahn - 21 Feb 2023 Form 4 Insider Report for Weber Inc.
- Reporting relationship
- President, Weber EMEA
- Issuer ticker
- N/A
- Reported as of
- 21 Feb 2023
- Net transaction value
- -$187,283
- SEC form
- 4
- Accepted by SEC
- 23 Feb 2023, 20:16:13 UTC
- Prior SEC filing
- 09 Nov 2022
- Source filing
- View source filing
- Reporting owner signature
- /s/ Erik Chalut as Attorney-in-Fact for Steffen Hahn
Source evidence
Original filing metadata and source links for verification.
4 source fields
Reporting owner
1 detail
Key filing fact
Steffen Hahn filed Form 4 for Weber Inc. on 23 Feb 2023.
Change
- Previous filing in this sequence was filed on 09 Nov 2022.
- Current net transaction value: -$187,283.
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 A Common Stock
Other
- Transaction value
- $187,283
- Shares
- -23,265
- Change %
- -12%
- Price
- $8.05
- Shares after
- 172,037
- Date
- 21 Feb 2023
- Ownership
- Direct
- Footnotes
- F1, F2
WEBR
transaction
Class A Common Stock
Other
- Transaction value
- Shares
- -172,037
- Change %
- -100%
- Price
- Shares after
- 0
- Date
- 21 Feb 2023
- Ownership
- Direct
- Footnotes
- F1, F3
WEBR
transaction
Class B Common Stock
Other
- Transaction value
- Shares
- -40,346
- Change %
- -100%
- Price
- Shares after
- 0
- Date
- 21 Feb 2023
- Ownership
- See footnote
- Footnotes
- F1, F4, F5
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
WEBR
transaction
Derivative
Stock Option
Other
- Transaction value
- Shares
- -65,000
- Change %
- -100%
- Price
- Shares after
- 0
- Date
- 21 Feb 2023
- Ownership
- Direct
- Underlying class
- Class A Common Stock
- Underlying amount
- 65,000
- Exercise price
- $18.05
- Footnotes
- F1, F6, F7
WEBR
transaction
Derivative
LLC Units in Weber HoldCo LLC
Other
- Transaction value
- Shares
- -40,346
- Change %
- -100%
- Price
- Shares after
- 0
- Date
- 21 Feb 2023
- Ownership
- See footnote
- Underlying class
- Class A Common Stock
- Underlying amount
- 40,346
- Exercise price
- $0.000000
- Footnotes
- F1, F4, F5
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Section 16 status
Steffen Hahn is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.
Explanation of responses 7 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, shares of Class A Common Stock underlying RSUs were converted into an identical number of newly issued shares of the surviving corporation.
Footnote F4
Reflects shares of Class B common stock of the issuer ("Class B Common Stock") and common units of Weber HoldCo LLC ("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 Class B Common Stock (and a corresponding number of LLC Units) 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 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 do not expire.
Footnote F5
Pursuant to the Merger Agreement and in connection with the consummation of the Merger, underlying shares were converted into an identical number of newly issued shares of the surviving corporation.
Footnote F6
Reflects stock options that were granted on October 14, 2021, which vest and become exercisable in equal annual installments over three years subject to continued employment through the applicable vesting date, unless the reporting person leaves employment due to death or disability.
Footnote F7
Pursuant to the Merger Agreement and in connection with the consummation of the Merger, shares of Class A Common Stock underlying stock options were converted into an identical number of newly issued shares of the surviving corporation.