Sec Form 4 Filing - Hafer Evan @ BRC Inc. - 2024-09-13

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Hafer Evan
2. Issuer Name and Ticker or Trading Symbol
BRC Inc. [ BRCC]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director X __ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last) (First) (Middle)
C/O BRC INC., 1144 S 500 W,
3. Date of Earliest Transaction (MM/DD/YY)
09/13/2024
(Street)
SALT LAKE CITY, UT84101
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
_____ Form filed by One Reporting Person
__ X __ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Class B Common Stock ( 1 ) 09/13/2024 J( 2 ) 1,000,000 D $ 0 30,142,374 I Through EKNRH Holdings LLC
Class A Common Stock 09/13/2024 C( 2 ) 1,000,000 A $ 0 1,000,000 I Through EKNRH Holdings LLC
Class A Common Stock 09/13/2024 S( 3 ) 684,542 ( 3 ) D $ 3.17 315,458 I Through EKNRH Holdings LLC
Class A Common Stock 09/13/2024 S( 3 ) 157,729 ( 3 ) D $ 3.17 157,729 I Through EKNRH Holdings LLC
Class A Common Stock 09/13/2024 S( 3 ) 157,729 ( 3 ) D $ 3.17 0 I Through EKNRH Holdings LLC
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Exec ution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Common Units ( 4 ) ( 4 ) 09/13/2024 C( 2 ) 1,000,000 08/09/2022 ( 4 ) Class A Common Stock 1,000,000 $ 0 30,142,374 I Through EKNRH Holdings LLC
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Hafer Evan
C/O BRC INC., 1144 S 500 W
SALT LAKE CITY, UT84101
X X
EKNRH Holdings LLC
C/O BRC INC.
1144 S 500 W
SALT LAKE CITY, UT84101
X
Signatures
/s/ Andrew McCormick, as attorney-in-fact 09/17/2024
Signature of Reporting Person Date
Explanation of Responses:
( 1 )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.
( 2 )Represents the exchange of an aggregate of 1,000,000 common units of Authentic Brands LLC (the "Common Units") for an equivalent number of shares of Class A Common Stock ("Class A Shares") of the Issuer and the forfeiture of an equivalent number of Class B Shares of the Issuer.
( 3 )Shares sold in a transaction covered by a resale registration statement, SEC File No. 333-263627, declared effective on March 30, 2023.
( 4 )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).

Remarks:
Evan Hafer owns the Common Units and Class B Shares reported herein through EKNRH Holdings LLC, an entity managed by him.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

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