Louis Rassey - 15 Apr 2022 Form 4 Insider Report for Fast Radius, Inc.

Role: Chief Executive Officer, Director, 10%+ Owner
Signature: /s/ Louis Rassey
Issuer symbol: N/A
Transactions as of: 15 Apr 2022
Net transactions value: $0
Form type: 4
Filing time: 19 Apr 2022, 19:25:43 UTC
Previous filing: 08 Feb 2022
Next filing: 03 Jun 2022
SEC: View on sec.gov

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	FSRD	Restricted Stock Units	Award	$0	+43,353		$0.000000	43,353	15 Apr 2022	Common Stock	43,353		Direct	F1, F2
transaction	FSRD	Restricted Stock Units	Award	$0	+6,007,171		$0.000000	6,007,171	15 Apr 2022	Common Stock	6,007,171		Direct	F1, F3, F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Each restricted stock unit ("RSU") represents a contingent right to receive one share of FSRD common stock.
F2	The RSUs are fully vested upon being granted. The grant will be settled pursuant to the terms of FSRD's 2022 Equity Incentive Plan.
F3	The RSUs are eligible to vest in installments contingent upon Mr. Rassey's continued employment as Chief Executive Officer through the date of attainment of each of the following FSRD common stock share price performance goals ("Price Hurdles"): 10% of the total number of RSUs are eligible to vest upon attainment of a $15.00 price per share of FSRD common stock, 10% of the total number of RSUs are eligible to vest upon attainment of a $20.00 price per share of FSRD common stock, 10% of the total number of RSUs are eligible to vest upon attainment of a $25.00 price per share of FSRD common stock, 10% of the total number of RSUs are eligible to vest upon attainment of a $30.00 price per share of FSRD common stock, 10% of the total number of RSUs are eligible to vest upon attainment of a $35.00 price per share of FSRD common stock, 10% of the total number of RSUs are eligible to vest upon attainment of a $40.00 price per share of FSRD common stock,
F4	(Continued from Footnote 3), and 10% of the total number of RSUs are eligible to vest upon attainment of a $80.00 price per share of FSRD common stock. Once any portion of the grant vests based on achievement of a specific Price Hurdle, no additional portion of the grant may vest based on any subsequent attainment of the same Price Hurdle on any later date during the term of the grant. The grant will be settled pursuant to the terms of FSRD's 2022 Equity Incentive Plan.