Elliott Hill - Aug 9, 2021 Form 4 Insider Report for Weber Inc. (WEBR)

Role: Director
Signature: /s/ Philip Zadeik as Attorney-in-Fact for Elliott Hill
Stock symbol: WEBR
Transactions as of: Aug 9, 2021
Transactions value $: $0
Form type: 4
Date filed: 8/11/2021, 08:12 PM
Previous filing: Aug 4, 2021
Next filing: Mar 25, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	WEBR	Class A Common Stock	Award	$0	+8.93K		$0.00	8.93K	Aug 9, 2021	Direct	F1
transaction	WEBR	Class B Common Stock	Award	$0	+76.2K		$0.00	76.2K	Aug 9, 2021	By Open Road Capital LLC	F2, F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	WEBR	LLC Units in Weber HoldCo LLC	Award		+76.2K			76.2K	Aug 9, 2021	Class A Common Stock	76.2K	$0.00	See footnote	F2, F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Reflects restricted stock units ("RSUs") for the issuer's Class A common stock ("Class A Common Stock") granted in connection with the reporting person's service as a director. The RSUs vest on the earlier of (i) the one year anniversary of the date of grant and (ii) the time of the annual stockholder meeting that occurs during the 2022 fiscal year.
F2	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 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 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. (conts on fn 3)
F3	(cont'd from fn 2) The LLC Units were received by Management Pool LLC in the reorganization transactions effected in connection with the issuer's initial public offering in replacement of historical units of a predecessor entity. The LLC Units do not expire.