Ben Coates - Aug 18, 2022 Form 4 Insider Report for F45 Training Holdings Inc. (FXLV)

Role
Interim Chief Executive Officer, Director
Signature
/s/ Patrick Grosso, attorney-in-fact
Stock symbol
FXLV
Transactions as of
Aug 18, 2022
Transactions value $
$0
Form type
4
Date filed
8/19/2022, 08:55 PM
Previous filing
Jun 15, 2022
Next filing
Jan 2, 2024

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 +220K +397.67% $0.00 276K Aug 18, 2022 Direct F1, 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 FXLV Stock Option (Right to Buy) Award $0 +1M $0.00 1M Aug 18, 2022 Common Stock 1M $2.27 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents restricted stock units which will vest in 12 equal installments at the end of each calendar month, for so long as the reporting person is employed by the Issuer.
F2 Granted as compensation for services.
F3 Represents the right to purchase a total of 1,000,000 shares of the Issuer's common stock. The option with respect to 500,000 shares vested on the grant date and vests with respect to an additional 10% of the shares at the end of each calendar month thereafter, beginning August 31, 2022 and ending December 31, 2022, subject to the reporting person's continued employment with the Issuer.

Remarks:

Interim Chief Executive Officer