Key facts
- This page summarizes FAST Sponsor II LLC's Form 4 filing for Falcon's Beyond Global, Inc. (FBYD).
- 1 reported transaction and 0 derivative rows are listed below.
- Accepted by SEC: 06 Nov 2024, 16:00.
FAST Sponsor II LLC - 30 Sep 2024 Form 4 Insider Report for Falcon's Beyond Global, Inc. (FBYD)
- Reporting relationship
- Sponsor, 10%+ Owner
- Issuer ticker
- FBYD
- Reported as of
- 30 Sep 2024
- Net transaction value
- $0
- SEC form
- 4
- Accepted by SEC
- 06 Nov 2024, 16:00:12 UTC
- Prior SEC filing
- 20 Jun 2024
- Source filing
- View source filing
- Reporting owner signature
- FAST Sponsor II LLC By: FAST Sponsor II Manager LLC, its manager By: /s/ Garrett Schreiber
Source evidence
Original filing metadata and source links for verification.
4 source fields
Reporting owner
1 detail
Key filing fact
FAST Sponsor II LLC filed Form 4 for Falcon's Beyond Global, Inc. (FBYD) on 06 Nov 2024.
Change
- Previous filing in this sequence was filed on 20 Jun 2024.
- Current net transaction value: $0.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
FBYD
transaction
Class A Common Stock
Other
- Transaction value
- Shares
- -262,500
- Change %
- -27%
- Price
- Shares after
- 712,500
- Date
- 30 Sep 2024
- Ownership
- Direct
- Footnotes
- F1, F2, F3
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 3 footnotes
Footnote F1
Reflects the forfeiture of 262,500 earnout shares previously issued in connection with the Business Combination by and among the Issuer (f/k/a FAST Acquisition Corp. II), Falcon's Beyond Global LLC and the other parties thereto (the "Business Combination"). The earnout shares were forfeited on September 30, 2024 because certain earnout targets were not achieved.
Footnote F2
Includes beneficial ownership of 600,000 shares of Class A Common Stock (the "Earnout Shares") held in escrow pending the achievement of certain earnout targets. The Reporting Person holds voting rights with respect to the escrowed Earnout Shares but has entered into a stockholder agreement with the Issuer pursuant to which the Reporting Person agreed to vote or cause to be voted all such Earnout Shares held for the Reporting Person'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.
Footnote F3
The Reporting Person is the record holder of the securities reported herein. FAST Sponsor II Manager LLC ("Manager") is the manager of the Reporting Person and has voting and investment discretion with the respect to the common stock held of record by the Reporting Person. Garrett Schreiber is the sole member of Manager and has voting and investment discretion with respect to the securities held of record by the Reporting Person. Mr. Schreiber disclaims any beneficial ownership of the securities held by the Reporting Person, except to the extent of his pecuniary interest therein.