Christoph Pachler - 21 Nov 2022 Form 4/A - Amendment Insider Report for FaZe Holdings Inc.

Role: COO/CFO
Signature: /s/ Christoph Pachler
Issuer symbol: N/A
Transactions as of: 21 Nov 2022
Net transactions value: $0
Form type: 4/A - Amendment
Filing time: 05 Jun 2023, 08:00:20 UTC
Date Of Original Report: 20 Dec 2022
Previous filing: 20 Dec 2022
Next filing: 05 Jun 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	FAZE	Common Stock	Award	$0	+520,000		$0.000000	520,000	21 Nov 2022	Direct	F1

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

Explanation of Responses:

Id	Content
F1	On November 21, 2022, the Issuer granted a restricted stock unit award ("RSU") to the Reporting Person for 520,000 shares. 186,667 shares would vest in two installments (50% on the first anniversary of September 30, 2022, and the remaining 50% on the second anniversary of September 30, 2022) (the "Time-Based Portion"). 333,332 shares were subject to performance-based vesting (the "Performance-Based Portion"). On December 20, 2022, the Reporting Person filed a Form 4 to report the grant of the Time-Based Portion. The Performance-Based Portion was not previously reported. On May 31, 2023, the Issuer amended the terms of the RSU. Of the 520,000 shares, 173,328 shares fully vested on May 31, 2023, and the remaining 346,672 shares vest in equal monthly installments starting from June 30, 2023, through September 30, 2024. This amendment updates the number of shares subject to the RSU granted on November 21, 2022, and the revised vesting schedule as of May 31, 2023.

Content

On November 21, 2022, the Issuer granted a restricted stock unit award ("RSU") to the Reporting Person for 520,000 shares. 186,667 shares would vest in two installments (50% on the first anniversary of September 30, 2022, and the remaining 50% on the second anniversary of September 30, 2022) (the "Time-Based Portion"). 333,332 shares were subject to performance-based vesting (the "Performance-Based Portion"). On December 20, 2022, the Reporting Person filed a Form 4 to report the grant of the Time-Based Portion. The Performance-Based Portion was not previously reported. On May 31, 2023, the Issuer amended the terms of the RSU. Of the 520,000 shares, 173,328 shares fully vested on May 31, 2023, and the remaining 346,672 shares vest in equal monthly installments starting from June 30, 2023, through September 30, 2024. This amendment updates the number of shares subject to the RSU granted on November 21, 2022, and the revised vesting schedule as of May 31, 2023.