X0306 4 2021-12-15 0 0001840572 Bowlero Corp. [BOWL 0001880359 Parker Brett I. C/O BOWLERO CORP. 222 WEST 44TH STREET NEW YORK NY 0 1 0 0 Chief Financial Officer Class A Common Stock 2021-12-15 4 A 0 992844 A 992844 D Class A Common Stock 2021-12-15 4 A 0 1472387 A 2465231 D Class A Common Stock 2021-12-15 4 F 0 667728 10.00 D 1797503 D Class A Common Stock 2021-12-15 4 A 0 697702 A 2495205 D Class A Common Stock 2021-12-15 4 F 0 316408 10.00 D 2178797 D Stock Option (Right to Buy) 10.00 2021-12-15 4 A 0 183128 0.00 A 2021-12-15 2031-12-15 Class A Common Stock 183128 183128 D Stock Option (Right to Buy) 10.00 2021-12-15 4 A 0 393750 0.00 A 2031-12-15 Class A Common Stock 393750 393750 D Stock Option (Right to Buy) 12.00 2021-12-15 4 A 0 393750 0.00 A 2031-12-15 Class A Common Stock 393750 393750 D Stock Option (Right to Buy) 14.00 2021-12-15 4 A 0 393750 0.00 A 2031-12-15 Class A Common Stock 393750 393750 D Stock Option (Right to Buy) 16.00 2021-12-15 4 A 0 393750 0.00 A 2031-12-15 Class A Common Stock 393750 393750 D Stock Option (Right to Buy) 18.00 2021-12-15 4 A 0 393750 0.00 A 2031-12-15 Class A Common Stock 393750 393750 D Stock Option (Right to Buy) 7.92 2021-12-15 4 A 0 4079120 A 2021-12-15 2031-12-15 Class A Common Stock 4079120 4079120 D Repressents restricted shares ("Restricted Shares") of Class A Common Stock, par value $0.0001 per share ("Class A Common Stock") received in connection with the Acquisition. 50% of the Restricted Shares will vest if the closing share price of the Class A Common Stock equals or exceeds $15.00 per share for any 10 trading days within any consecutive 20-trading day period on or prior to the 5-year anniversary of the closing date of the Acquisition, and 50% of the Restricted Shares will vest if the closing share price of the Class A Common Stock equals or exceeds $17.50 per share for any 10 trading days within any consecutive 20-trading day period on or prior to the 5-year anniversary of the closing date of the Acquisition, and will otherwise be forfeited on the 5-year anniversary of the closing of the Acquisition. Represents shares of Class A Common Stock of the Issuer received in exchange for shares of capital stock of Bowlero. Corp ("Legacy Bowlero") in connection with the acquisition by the Issuer of Legacy Bowlero (the "Acquisition"). The stock options will vest and become exercisable in one-third installments on the first, second and third anniversaries of December 15, 2021. The stock options will vest and become exercisable in one-third installments on the second, third and fourth anniversaries of December 15, 2021. The stock options will vest and become exercisable in one-third installments on the third, fourth and fifth anniversaries of December 15, 2021. The stock options will vest and become exercisable in one-third installments on the fourth, fifth and sixth anniversaries of December 15, 2021. The stock options will vest and become exercisable in one-third installments on the fifth, sixth and seventh anniversaries of December 15, 2021. Represents stock options received in connection with the Acquisition in exchange for stock options of Legacy Bowlero. Brett Parker By: , as attorney-in-fact for Brett Parker 2021-12-17