Brett I. Parker - Feb 20, 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
Feb 20, 2025
Transactions value $
-$21,053,780
Form type
4
Date filed
2/21/2025, 06:51 PM
Previous 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 Sale -$20.2M -1.75M -77.82% $11.54 498K Feb 20, 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) Expiration (or cancellation) of long derivative position with value received -$606K -394K -100% $1.54 0 Feb 20, 2025 Class A Common Stock 394K $10.00 Direct F2, F3
transaction LUCK Stock option (right to buy) Expiration (or cancellation) of long derivative position with value received -$282K -183K -100% $1.54 0 Feb 20, 2025 Class A Common Stock 183K $10.00 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Brett I. Parker is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Mr. Parker agreed to sell the shares of Class A common stock in consideration for a payment to him in the aggregate amount of $20,165,388.36, subject to certain conditions. The closing of the transaction is expected to occur in March, 2025.
F2 Mr. Parker agreed to cancel the stock options in consideration for a payment to him in the aggregate amount of $888,392, subject to certain conditions. The closing of the transaction is expected to occur in March, 2025.
F3 The stock options vested and became exercisable in one-third installments on the first, second and third anniversaries of December 15, 2021.