John Nanry - Jun 30, 2022 Form 3 Insider Report for Fast Radius, Inc. (FSRD)

Role
Chief Operating Officer
Signature
By: /s/ Patrick McCusker, as attorney-in-fact for John Nanry
Stock symbol
FSRD
Transactions as of
Jun 30, 2022
Transactions value $
$0
Form type
3
Date filed
7/11/2022, 07:48 PM
Next filing
Sep 6, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding FSRD Common Stock 1.44M Jun 30, 2022 Direct

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
holding FSRD Restricted Stock Units Jun 30, 2022 Common Stock 18K $0.00 Direct F1
holding FSRD Restricted Stock Units Jun 30, 2022 Common Stock 257K $0.00 Direct F2
holding FSRD Restricted Stock Units Jun 30, 2022 Common Stock 23.6K $0.00 Direct F3
holding FSRD Options to Purchase Common Stock Jun 30, 2022 Common Stock 130K $0.70 Direct F4
holding FSRD Options to Purchase Common Stock Jun 30, 2022 Common Stock 22.5K $0.70 Direct F5
holding FSRD Earnout Shares Jun 30, 2022 Common Stock 284K $0.00 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 9,676 Restricted Stock Units ("RSUs") that are vested and subject to future settlement and 8,303 RSUs which vest quarterly through December of 2022, then monthly through May of 2024, subject to the Reporting Person's continuous service.
F2 Includes 147,770 RSUs that are vested and subject to future settlement and 109,285 RSUs which vest upon the achievement of certain performance metrics related to the valuation of the Issuer.
F3 Includes 23,647 RSUs that are vested and subject to future settlement.
F4 Includes 77,868 vested Options and 51,914 Options which vest annually through March of 2023. The Options expire on May 20, 2029, subject to the Reporting Person's continuous service.
F5 Includes 13,513 vested Options and 9,010 Options which vest annually through March of 2023. The Options expire on May 20, 2029, subject to the Reporting Person's continuous service.
F6 Represents the right to receive shares of the Issuer's Common Stock in two equal tranches, at the time that the Issuer's Common Stock reaches a value of $15.00 and $20.00, respectively, no later than February 4, 2027, based upon the (i) daily volume-weighted average sale price of shares of the Issuer's Common Stock for any 20 trading days within any 30 consecutive trading day period or (ii) the per share consideration received in connection with a change in control.

Remarks:

See Exhibit 24 - Power of Attorney