Louis Rassey - Jun 1, 2022 Form 4 Insider Report for Fast Radius, Inc. (FSRD)

Role
Chief Executive Officer, Director, 10%+ Owner
Signature
/s/ Louis Rassey
Stock symbol
FSRD
Transactions as of
Jun 1, 2022
Transactions value $
$0
Form type
4
Date filed
6/3/2022, 05:26 PM
Previous filing
Apr 19, 2022
Next filing
Sep 6, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FSRD Common Stock Options Exercise +2.52K +0.03% 8.82M Jun 1, 2022 Direct F1
holding FSRD Common Stock 226K Jun 1, 2022 By TRF I Trust F2
holding FSRD Common Stock 226K Jun 1, 2022 By TRF II Trust F2
holding FSRD Common Stock 226K Jun 1, 2022 By TRF III Trust F2
holding FSRD Common Stock 226K Jun 1, 2022 By TRF IV Trust F2
holding FSRD Common Stock 213K Jun 1, 2022 By Two Roads Group, LLC F2

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 Options Exercise $0 -2.52K -12.5% $0.00 17.7K Jun 1, 2022 Common Stock 2.52K Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units ("RSUs") converted into FSRD common stock on a one-for-one basis.
F2 The Reporting Person may be deemed to beneficially own the reported securities. The reporting person disclaims beneficial ownership of such securities, except to the extent of his pecuniary interest therein.
F3 On February 4, 2022, the Reporting Person received 38,205 RSUs as merger consideration pursuant to that certain Agreement and Plan of Merger, dated as of July 18, 2021, as amended, by and among the Issuer, formerly known as ECP Environmental Growth Opportunities Corp., a Delaware corporation ("ENNV"), ENNV Merger Sub Inc., a Delaware corporation and a wholly-owned subsidiary of ENNV, and Fast Radius Operations, Inc., a Delaware corporation. Of such 38,205 RSUs, 17,650 remain unvested and vest quarterly through May of 2025, subject to the Reporting Person's continuous service.