Chatham Asset Management, LLC - 24 Aug 2021 Form 4 Insider Report for FAST Acquisition Corp.

Role
10%+ Owner
Signature
/s/ Anthony Melchiorre, Managing Member of Chatham Asset Management, LLC
Issuer symbol
N/A
Transactions as of
24 Aug 2021
Net transactions value
+$2,864,281
Form type
4
Filing time
26 Aug 2021, 17:31:35 UTC
Previous filing
23 Aug 2021
Next filing
31 Aug 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FST Class A Common Stock, par value $0.0001 per share Purchase $114,995 +10,000 +0.25% $11.50 3,993,904 24 Aug 2021 See Footnote F1, F2
transaction FST Class A Common Stock, par value $0.0001 per share Purchase $31,409 +2,750 +0.07% $11.42 3,996,654 25 Aug 2021 See Footnote F1, F3
transaction FST Class A Common Stock, par value $0.0001 per share Purchase $15,634 +1,300 +0.03% $12.03 3,997,954 26 Aug 2021 See Footnote F1, F4

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 FST Warrants Purchase $690,184 +211,856 +65% $3.26 539,764 24 Aug 2021 Common Stock 211,856 $11.50 See Footnote F1, F5, F6, F7
transaction FST Warrants Purchase $666,180 +200,000 +37% $3.33 739,764 25 Aug 2021 Common Stock 200,000 $11.50 See Footnote F1, F5, F6, F8
transaction FST Warrants Purchase $1,345,879 +354,039 +48% $3.80 1,093,803 26 Aug 2021 Common Stock 354,039 $11.50 See Footnote F1, F5, F6, F9
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Chatham Asset Management, LLC (the "Reporting Person") is the investment manager to certain affiliated funds (collectively, the "Chatham Funds"). Anthony Melchiorre ("Mr. Melchiorre") is the managing member of the Reporting Person. As of the date of the latest transaction reported on this Form 4, the Chatham Funds held the aggregate 3,997,954 shares of Class A Common Stock, par value $0.0001 per share, of Fast Acquisition Corp. (the "Company") reported herein. Pursuant to Reg. Section 240.16a-1(a)(2), the Reporting Person's and Mr. Melchiorre's beneficial ownership is limited to their pecuniary interest, if any, in such securities.
F2 The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $11.36 to $11.66 per share, inclusive. The Reporting Person undertakes to provide to the Company, any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth herein.
F3 The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $11.38 to $11.66 per share, inclusive. The Reporting Person undertakes to provide to the Company, any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth herein.
F4 The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $11.66 to $12.60 per share, inclusive. The Reporting Person undertakes to provide to the Company, any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth herein.
F5 The warrants ("Warrants") will become exercisable at any time commencing on the later of (a) 30 days after the completion of the Company's initial business combination or (b) 12 months from the closing of the Company's initial public offering.
F6 The Warrants will expire five years after the completion of the Company's initial business combination or earlier upon redemption or liquidation.
F7 The price reported in Column 8 is a weighted average price. These Warrants were purchased in multiple transactions at prices ranging from $3.15 to $3.35 per Warrant, inclusive. The Reporting Person undertakes to provide to the Company, any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of Warrants purchased at each separate price within the ranges set forth herein.
F8 The price reported in Column 8 is a weighted average price. These Warrants were purchased in multiple transactions at prices ranging from $3.25 to $3.51 per Warrant, inclusive. The Reporting Person undertakes to provide to the Company, any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of Warrants purchased at each separate price within the ranges set forth herein.
F9 The price reported in Column 8 is a weighted average price. These Warrants were purchased in multiple transactions at prices ranging from $3.41 to $4.00 per Warrant, inclusive. The Reporting Person undertakes to provide to the Company, any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of Warrants purchased at each separate price within the ranges set forth herein.