Andrew Wiederhorn - May 20, 2022 Form 4 Insider Report for Fat Brands, Inc (FAT)

Role: President and CEO, Director, 10%+ Owner
Signature: /s/ Andrew A. Wiederhorn,
Stock symbol: FAT
Transactions as of: May 20, 2022
Transactions value $: -$463,830
Form type: 4
Date filed: 5/24/2022, 08:46 PM
Previous filing: May 19, 2022
Next filing: May 31, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	FAT	Series B Cumulative Preferred Stock	Sale	-$27.3K	-1.5K	-5.89%	$18.20	23.9K	May 20, 2022	By Fog Cutter Holdings, LLC	F1
transaction	FAT	Series B Cumulative Preferred Stock	Sale	-$437K	-23.9K	-100%	$18.23	0	May 23, 2022	By Fog Cutter Holdings, LLC	F1, F2
holding	FAT	Series B Cumulative Preferred Stock						980	May 20, 2022	Direct

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

Explanation of Responses:

Id	Content
F1	These shares are owned directly by Fog Cutter Holdings, LLC ("Fog Cutter"), a 10% beneficial owner of the Issuer, and indirectly by Andrew A. Wiederhorn as the sole manager of Fog Cutter. Mr. Wiederhorn disclaims beneficial ownership of the shares held by Fog Cutter except to the extent of his pecuniary interest therein, and the inclusion of such securities in this report shall not be deemed an admission of beneficial ownership for purposes of Section 16 or for any other purpose.
F2	Represents the weighted average sale price, which ranged from $18.20 to $18.35 per share. Upon request by the staff of the Securities and Exchange Commission, the issuer, or a security holder of the issuer, the reporting person will provide full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

Content

These shares are owned directly by Fog Cutter Holdings, LLC ("Fog Cutter"), a 10% beneficial owner of the Issuer, and indirectly by Andrew A. Wiederhorn as the sole manager of Fog Cutter. Mr. Wiederhorn disclaims beneficial ownership of the shares held by Fog Cutter except to the extent of his pecuniary interest therein, and the inclusion of such securities in this report shall not be deemed an admission of beneficial ownership for purposes of Section 16 or for any other purpose.

Represents the weighted average sale price, which ranged from $18.20 to $18.35 per share. Upon request by the staff of the Securities and Exchange Commission, the issuer, or a security holder of the issuer, the reporting person will provide full information regarding the number of shares sold at each separate price within the range set forth in this footnote.