Brett I. Parker - Jan 13, 2025 Form 4 Insider Report for Lucky Strike Entertainment Corp (LUCK)

Role: Executive Vice Chairman, Director
Signature: /s/ Jason Cohen, Attorney-in-Fact
Stock symbol: LUCK
Transactions as of: Jan 13, 2025
Transactions value $: -$4,170,198
Form type: 4
Date filed: 1/15/2025, 04:56 PM
Previous filing: Nov 27, 2024
Next filing: Jan 21, 2025
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	LUCK	Class A Common Stock	Options Exercise	$32.3M	+4.08M	+236.45%	$7.92	5.8M	Jan 13, 2025	Direct	F1
transaction	LUCK	Class A Common Stock	Tax liability	-$36.5M	-3.56M	-61.31%	$10.25	2.25M	Jan 13, 2025	Direct	F1

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	LUCK	Stock option (right to buy)	Options Exercise	$0	-4.08M	-100%	$0.00	0	Jan 13, 2025	Class A Common Stock	4.08M	$7.92	Direct	F1

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

Explanation of Responses:

Id	Content
F1	On January 13, 2025, Mr. Parker exercised a stock option, originally granted on January 7, 2020 by the Company's predecessor and later exchanged for an option to purchase shares of the Company's Class A common stock (the "Common Stock"), for the purchase of 4,079,120 shares of Common Stock at an exercise price of $7.92 per share (the "Option Shares"). Mr. Parker elected to pay the exercise price and withholding taxes for the Option Shares by having the Company withhold from the Option Shares a number of shares having a fair market value equal to the aggregate exercise price of $32,306,630.40 plus the applicable withholding taxes of $4,170,198.35. The fair market value of the Company's Common Stock on January 13, 2025 was $10.25 per share.

Content

On January 13, 2025, Mr. Parker exercised a stock option, originally granted on January 7, 2020 by the Company's predecessor and later exchanged for an option to purchase shares of the Company's Class A common stock (the "Common Stock"), for the purchase of 4,079,120 shares of Common Stock at an exercise price of $7.92 per share (the "Option Shares"). Mr. Parker elected to pay the exercise price and withholding taxes for the Option Shares by having the Company withhold from the Option Shares a number of shares having a fair market value equal to the aggregate exercise price of $32,306,630.40 plus the applicable withholding taxes of $4,170,198.35. The fair market value of the Company's Common Stock on January 13, 2025 was $10.25 per share.