Form 4 for BRCC BRC Inc.
Accepted 2024-09-12 00:00:00 ET · period of report 2024-09-11 · accession 0001140361-24-040929 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2024-09-12 | 2024-09-11 | BRCC | Hafer Evan | Dir, 10% | S - Sale | $3.20 | -3.00M | 0 | -100% | -$9.60M |
| D | 2024-09-12 | 2024-09-11 | BRCC | Hafer Evan | Dir, 10% | C - Cnv Deriv | $0.00 | +3.00M | 3.00M | New | $0 |
| DI | 2024-09-12 | 2024-09-11 | BRCC | Hafer Evan | Dir, 10% | J - Other | $0.00 | -3.00M | 31.14M | -9% | $0 |
| DI | 2024-09-12 | 2024-09-11 | BRCC | Hafer Evan | Dir, 10% | C - Cnv Deriv | $0.00 | -3.00M | 31.14M | -9% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Class A Common Stock | 2024-09-11 | S | D | 3,000,000 | $3.20 | 0 | D | — | — | (F3) The Class A Shares were sold in two block sale broker transactions at prices ranging from $3.17 to $3.4197. The weighted average price of the Class A Shares sold was $3.1993 per share. Specific details of the block sales can be provided upon request. The reporting person undertakes to provide to BRC Inc., any security holder of BRC Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of Class A Shares sold at each separate price within the range set forth in footnote 3 to this Form 4. |
| 2 | Common | Class A Common Stock | 2024-09-11 | C | A | 3,000,000 | $0.00 | 3,000,000 | D | — | — | |
| 3 | Common | Class B Common Stock | 2024-09-11 | J | D | 3,000,000 | $0.00 | 31,142,374 | I Through EKNRH Holdings LLC | — | — | (F1) The reported securities provide no economic rights in BRC Inc. (the "Issuer") to the holder thereof but each share of Class B Common Stock ("Class B Share") entitles the holder to one vote as a common stockholder of the Issuer. |
| 4 | Derivative | Common Units | 2024-09-11 | C | D | 3,000,000 | $0.00 | 31,142,374 | I Through EKNRH Holdings LLC | — · 2022-08-09 to — | 3,000,000 Class A Common Stock | (F4) The Common Units may be exchanged by the holder (upon forfeiture of an equivalent number of Class B Shares), at any time and from time to time, for an equivalent number of Class A Shares of the Issuer (or the cash value thereof, at the election of the Issuer). |