Reece Joseph E Form 4 SILVERBOX ENGAGED MERGER CORP I / Stephen M Kadenacy ownership change

SEC Form 4

FORM 4

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
or Section 30(h) of the Investment Company Act of 1940

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X

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

SILVERBOX ENGAGED SPONSOR LLC

(Last) (First) (Middle)

1250 S. CAPITAL OF TEXAS HIGHWAY,

BUILDING 2, SUITE 285

(Street)

AUSTIN TX 78746

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
SILVERBOX ENGAGED MERGER CORP I [ SBEA ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	X	10% Owner
X	Officer (give title below)		Other (specify below)
Chief Executive Officer

3. Date of Earliest Transaction (Month/Day/Year)
02/09/2022

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

	Form filed by One Reporting Person
X	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	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 A Common Stock	02/09/2022		J		4,812,243	D	(1)	0	D(2)

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 (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	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 (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (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: 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
Warrants	$11.5	02/09/2022		J		6,266,667		02/09/2022	02/09/2027	Class A Common Stock	0	(1)	0	D(2)

1. Name and Address of Reporting Person^*

SILVERBOX ENGAGED SPONSOR LLC

(Last) (First) (Middle)

1250 S. CAPITAL OF TEXAS HIGHWAY,

BUILDING 2, SUITE 285

(Street)

AUSTIN TX 78746

(City) (State) (Zip)

1. Name and Address of Reporting Person^*

SilverBox Capital LLC

(Last) (First) (Middle)

1250 S. CAPITAL OF TEXAS HIGHWAY,

BUILDING 2, SUITE 285

(Street)

AUSTIN TX 78746

(City) (State) (Zip)

1. Name and Address of Reporting Person^*

Reece Joseph E

(Last) (First) (Middle)

1250 S. CAPITAL OF TEXAS HIGHWAY,

BUILDING 2, SUITE 285

(Street)

AUSTIN TX 78746

(City) (State) (Zip)

1. Name and Address of Reporting Person^*

Kadenacy Stephen M

(Last) (First) (Middle)

1250 S. CAPITAL OF TEXAS HIGHWAY,

BUILDING 2, SUITE 285

(Street)

AUSTIN TX 78746

(City) (State) (Zip)

Explanation of Responses:

1. Represents Class B common stock converted into shares of Class A common stock of BRC Inc. ("PubCo") through a series of transactions in connection with the business combination of the Issuer and Authentic Brands LLC ("Authentic Brands"), pursuant to that certain Business Combination Agreement, dated as of November 2, 2021, by and among the Issuer, Authentic Brands, PubCo and the other entities party thereto.

2. SilverBox Capital LLC is the managing member of SilverBox Engaged Sponsor LLC, and Mr. Reece and Mr. Kadenacy, the Issuer's Chairman and Chief Executive Officer, respectively, are each a principal of SilverBox Capital LLC. As such, they may be deemed to have or share beneficial ownership of the Class B common stock held directly by SilverBox Engaged Sponsor LLC. Such person disclaims any beneficial ownership of the reported shares other than to the extent of any pecuniary interest such person may have therein, directly or indirectly.

	/s/ Joseph Reece, as Authorized Signatory of SilverBox Capital LLC, as managing member SilverBox Engaged Sponsor LLC	02/08/2022
	/s/ Joseph Reece, as Authorized Signatory of SilverBox Capital LLC	02/08/2022
	/s/ Joseph Reece	02/08/2022
	/s/ Stephen Kadenacy	02/08/2022
	** Signature of Reporting Person	Date
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