X0306 4 2021-09-30 0001772921 OneWater Marine Inc. ONEW 0001789800 Troiano John 6275 LANIER ISLANDS PARKWAY BUFORD GA 30518 true Class B common stock, par value $0.01 2021-09-30 4 C false 222025 D 0 I By OWM BIP Investor, LLC Class A common stock, par value $0.01 2021-09-30 4 C false 222025 A 222025 I By OWM BIP Investor, LLC Class A common stock, par value $0.01 2021-09-30 4 A false 2487 0 A 2487 D Class A common stock, par value $0.01 65986 I By Beekman Investment Partners III, LP Class A common stock, par value $0.01 67275 I By Beekman Investment Partners AIV III-OWM, L.P. Class A common stock, par value $0.01 9910 D One Water Marine Holdings, LLC common unit 2021-09-30 4 C false 222025 D Class A common stock par value $0.01 222025 0 I By OWM BIP Investor, LLC Represents the redemption of 222,025 common units of One Water Marine Holdings, LLC ("OneWater LLC") coupled with an equal number of shares of Class B common stock of the Issuer into an equal number of shares of Class A common stock of the Issuer. Pursuant to the reorganization of the Issuer, as part of the Issuer's initial public offering, the Reporting Person's equity ownership in OneWater LLC was converted into newly-issued units in OneWater LLC, together with an equal number of shares of Class B common stock in the Issuer. The shares of Class B common stock (i) confer no incidents of economic ownership on the holders thereof, (ii) only confer voting rights on the holders thereof and (iii) may only be issued, on a one-for-one basis, to the holders of OneWater LLC common units. At the request of the holder, each common unit of OneWater LLC may be coupled with a share of Class B common stock of the Issuer and redeemed for, at the Issuer's election and subject to certain restrictions in the Fourth Amended and Restated Limited Liability Company Agreement of OneWater LLC (the "OneWater LLC Agreement"), newly-issued shares of Class A common stock of the Issuer on a one-for-one basis or for a cash payment to be determined pursuant to the OneWater LLC Agreement for each unit redeemed. The units do not expire. The Reporting Person disclaims beneficial ownership of the shares except to the extent of his pecuniary interest therein, if any, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of the shares for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose. Beekman Investment Partners AIV III-OWM, L.P. ("AIV III") is an investment fund that is managed by a general partner, Beekman Investment Group III, LLC. OWM BIP Investor, LLC is an investment vehicle wholly-owned by AIV III. The Reporting Person is the sole manager of Beekman Investment Group III, LLC. Award of restricted stock units pursuant to the OneWater Marine Inc. 2020 Omnibus Incentive Plan. The award vests on September 30, 2022, subject to the recipient's continued service as a director of OneWater Marine Inc. through such vesting date. Beekman Investment Partners III, LP is an investment fund managed by a general partner, Beekman Investment Group III, LLC. The Reporting Person is the sole manager of Beekman Investment Group III, LLC. /s/ John Troiano 2021-10-04