FAST Sponsor II LLC - 19 Dec 2023 Form 4 Insider Report for Falcon's Beyond Global, Inc. (FBYD)

Role
10%+ Owner
Signature
FAST Sponsor II LLC By: FAST Sponsor II Manager LLC, its manager By: /s/ Garrett Schreiber
Issuer symbol
FBYD
Transactions as of
19 Dec 2023
Net transactions value
$0
Form type
4
Filing time
16 Feb 2024, 18:56:50 UTC
Previous filing
04 Dec 2023
Next filing
13 May 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FBYD Class A Common Stock Other -20,000 -0.61% 3,254,044 19 Dec 2023 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On December 19, 2023, FAST Sponsor II LLC ("Sponsor") transferred 20,000 shares of Class A Common Stock, par value $0.0001 per share ("Class A Common Stock"), to Meteora Strategic Capital LLC in exchange for Meteora Strategic Capital LLC paying $0.004 per share and having provided certain consulting services.
F2 Includes beneficial ownership of 1,162,500 shares of Class A Common Stock (the "Earnout Shares") held in escrow pending the achievement of certain earnout targets. Sponsor holds voting rights with respect to the escrowed Earnout Shares but has entered into a stockholder agreement with the Issuer pursuant to which the Sponsor agreed to vote or cause to be voted all such Earnout Shares held for the Sponsor's benefit in escrow for or against, to be not voted, or to abstain, in the same proportion as the shares held by the holders of the Issuer's common stock as a whole are voted for or against, not voted, or abstained on any matter.
F3 Sponsor is the record holder of the securities reported herein. FAST Sponsor II Manager LLC ("Manager") is the manager of Sponsor and has voting and investment discretion with the respect to the common stock held of record by Sponsor. Garrett Schreiber is the sole member of Manager and has voting and investment discretion with respect to the securities held of record by Sponsor. Mr. Schreiber disclaims any beneficial ownership of the securities held by Sponsor, except to the extent of his pecuniary interest therein.