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 OF SECURITIES
                                                                                  
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response...
0.5                       
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

A-B Parent LLC
2. Issuer Name and Ticker or Trading Symbol

Bowlero Corp. [ BOWL ]
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 ATAIROS MANAGEMENT, L.P., 40 MORRIS AVENUE, STE 300
3. Date of Earliest Transaction (MM/DD/YYYY)

12/22/2021
(Street)

BRYN MAWR, PA 19010
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
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. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. 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

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security3. Trans. Date3A. Deemed Execution Date, if any4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date7. 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 of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units  (1)(2)12/22/2021  A   53     (1)(2) (1)(2)Class A Common Stock 53  (1)(2)9802465 D  
Restricted Stock Units  (1)(2)12/27/2021  A   844     (1)(2) (1)(2)Class A Common Stock 844  (1)(2)9803309 D  

Explanation of Responses:
(1) Reflects shares of Class A Common Stock (the "Earnout Shares") issuable pursuant to the Merger Agreement between the Issuer and Bowlero Corp. (the "Merger Agreement"). The Earnout Shares vest to the extent that the Class A Common Stock achieves certain hurdles as follows: (i) 50% of the Earnout Shares will be issued if the closing per share price of Class A Common Stock is greater than or equal to $15.00 for any 10 trading days within any consecutive 20-trading day period that occurs on or prior to the 5-year anniversary of the closing of the transactions cotemplated by the Merger Agreement (the "Closing"), and (ii) 50% of the Earnout Shares will be issued if the closing per share price of Class A Common Stock is greater than or equal to $17.50 for any 10 trading days within any consecutive 20-trading day period that occurs on or prior to the 5-year anniversary of the Closing.
(2) The Earnout Shares are subject to certain adjustments, as set forth in the Merger Agreement. If the conditions are not met and the shares have not vested as of the 5-year anniversary of the Closing, the right to these Earnout Shares will be forfeited.

Remarks:
This Form 4 is being filed by more than one Reporting Person. Atairos Group, Inc. ("Atairos Inc.") is the sole member of A-B Parent LLC ("A-B Parent"). Atairos Partners, L.P. ("AP"), is the sole voting shareholder of Atairos Inc. Atairos Partners GP, Inc. ("APGP", and together with Atairos Inc., A-B Parent, and AP, the "Atairos Entities") is the general partner of AP. Michael J. Angelakis directly or indirectly controls a majority of the voting power of APGP. Michael J. Angelakis is the Chairman and Chief Executive Officer of Atairos Management, L.P. and Rachael Wagner is a Partner of Atairos Management, L.P. and each serves as a representative of the Atairos Entities on the Board of Directors of the Issuer, and as such, each of the Atairos Entities may be deemed a director by deputization of the Issuer. Each Reporting Person disclaims beneficial ownership of the reported securities except to the extent of his, hers or its pecuniary interest therein.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
A-B Parent LLC
C/O ATAIROS MANAGEMENT, L.P.
40 MORRIS AVENUE, STE 300
BRYN MAWR, PA 19010
XX

Atairos Group, Inc.
C/O ATAIROS MANAGEMENT, L.P.
40 MORRIS AVENUE, STE 300
BRYN MAWR, PA 19010

X

Atairos Partners, L.P.
C/O ATAIROS MANAGEMENT, L.P.
40 MORRIS AVENUE, STE 300
BRYN MAWR, PA 19010

X

Atairos Partners GP, Inc.
C/O ATAIROS MANAGEMENT, L.P.
40 MORRIS AVENUE, STE 300
BRYN MAWR, PA 19010

X

Angelakis Michael J
C/O ATAIROS MANAGEMENT, L.P.
40 MORRIS AVENUE, STE 300
BRYN MAWR, PA 19010
XX

Wagner Rachael A.
C/O ATAIROS MANAGEMENT, L.P.
40 MORRIS AVENUE, STE 300
BRYN MAWR, PA 19010
XX


Signatures
A-B Parent LLC, /s/ David Caplan, Name: David Caplan, Title: Vice President1/11/2022
**Signature of Reporting PersonDate

Atairos Group, Inc., /s/ David Caplan, Name: David Caplan, Title: Vice President1/11/2022
**Signature of Reporting PersonDate

Atairos Partners, L.P., /s/ David Caplan, Name: David Caplan, Title: Vice President1/11/2022
**Signature of Reporting PersonDate

Atairos Partners GP, Inc., /s/ David Caplan, Name: David Caplan, Title: Vice President1/11/2022
**Signature of Reporting PersonDate

Michael J. Angelakis, /s/ David Caplan, attorney-in-fact for Michael Angelakis1/11/2022
**Signature of Reporting PersonDate

Rachael Wagner, /s/ David Caplan, attorney-in-fact for Rachael Wagner1/11/2022
**Signature of Reporting PersonDate

Isos Acquisition (NYSE:ISOS)
Historical Stock Chart
From Oct 2024 to Nov 2024 Click Here for more Isos Acquisition Charts.
Isos Acquisition (NYSE:ISOS)
Historical Stock Chart
From Nov 2023 to Nov 2024 Click Here for more Isos Acquisition Charts.