Chris Payne - 16 Mar 2022 Form 4 Insider Report for F45 Training Holdings Inc.

Role
Chief Financial Officer, Director
Signature
/s/ Patrick Grosso, attorney-in-fact
Issuer symbol
FXLV on OTC
Transactions as of
16 Mar 2022
Net transactions value
-$26,241
Form type
4
Filing time
18 Mar 2022, 19:13:13 UTC
Previous filing
28 Jan 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FXLV Common Stock, par value $0.00005 per share Award $0 +155,642 +27% $0.000000 741,036 16 Mar 2022 Direct F1, F2
transaction FXLV Common Stock, par value $0.00005 per share Sale $26,241 -2,017 -0.27% $13.01* 739,019 16 Mar 2022 Direct F3

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 FXLV Stock Option (Right to Buy) Award $0 +155,642 $0.000000 155,642 16 Mar 2022 Common Stock 155,642 $12.85 Direct F2, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents restricted stock units of which (i) 51,880 will vest on March 16, 2023, (ii) 51,881 will vest on March 16, 2024, and (iii) 51,881 will vest on March 16, 2025, and all of which will settle in shares of the Issuer's common stock on such dates.
F2 Granted as compensation for services.
F3 This transaction was executed in multiple trades at prices ranging from $13.005 to $13.02. The price reported reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the Issuer, or a security holder of the Issuer full information regarding the number of shares of common stock and prices at which the trades were effected.
F4 Represents the right to purchase a total of 155,642 shares of the Issuer's common stock, and of which (i) 51,880 will vest on March 16, 2023, (ii) 51,881 will vest on March 16, 2024, and (iii) 51,881 will vest on March 16, 2025.