| | | | | | | | | | | | | | | | | | | | | | |
Ownership Document
|
| Schema Version: X0508 |
| Document Type: 4 |
| Period of Report: 2/23/24 |
| Issuer: |
| Issuer CIK: 1891101 |
| Issuer Name: BRC Inc. |
| Issuer Trading Symbol: BRCC |
| Reporting Owner: |
| Reporting Owner ID: |
| | Owner CIK: 1819437 |
| | Owner Name: McCormick Andrew J. |
| Reporting Owner Address: |
| | Owner Street 1: C/O BRC INC., 1144 S 500 W |
| | Owner Street 2: |
| | Owner City: SALT LAKE CITY |
| | Owner State: UT |
| | Owner ZIP Code: 84101 |
| | Owner State Description: |
| Reporting Owner Relationship: |
| | Is Director? No |
| | Is Officer? Yes |
| | Is Ten Percent Owner? No |
| | Is Other? No |
| | Officer Title: Gen. Counsel & Corp. Secretary |
| Aff 10b5 One: 0 |
| Non-Derivative Table: |
| Non-Derivative Transaction: |
| | Security Title: |
| | | Value: Class A Common Stock |
| | | Footnote ID: F1 |
| | Transaction Date: |
| | | Value: 2/23/24 |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: A |
| | | Equity Swap Involved? No |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 25,575 |
| | | Transaction Price Per Share: |
| Value: 0 |
| | | Transaction Acquired-Disposed Code: |
| Value: A |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 127,730 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
| Derivative Table: |
| Derivative Transaction: |
| | Security Title: |
| | | Value: Stock Option (right to buy) |
| | Conversion or Exercise Price: |
| | | Value: 3.91 |
| | Transaction Date: |
| | | Value: 2/23/24 |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: A |
| | | Equity Swap Involved? No |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 137,706 |
| | | Transaction Price Per Share: |
| Value: 0 |
| | | Transaction Acquired-Disposed Code: |
| Value: A |
| | Exercise Date: |
| | | Footnote ID: F2 |
| | Expiration Date: |
| | | Value: 2/23/31 |
| | Underlying Security: |
| | | Underlying Security Title: |
| Value: Class A Common Stock |
| | | Underlying Security Shares: |
| Value: 137,706 |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 137,706 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
| Footnotes: |
| Footnote - F1: Represents awards of restricted stock units under the 2022 Omnibus Incentive Plan of BRC Inc. that vest in three equal annual installments beginning on the first anniversary of the grant date. Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock upon settlement for no consideration. |
| Footnote - F2: The option vests in three equal annual installments beginning on the first anniversary of the grant date. |
| Owner Signature: |
| Signature Name: /s/ Andrew McCormick |
| Signature Date: 2/27/24 |
