Rassey Louis 4

Accession 0000899243-22-005344

CIK 0001832351other

View on SEC.gov Company Profile

Filed

Feb 7, 7:00 PM ET

Accepted

Feb 8, 9:58 PM ET

Size

38.2 KB

Accession

0000899243-22-005344

Insider Transaction Report

Form 4

Period: 2022-02-04

Fast Radius, Inc.FSRD

Rassey Louis

DirectorChief Executive Officer10% Owner

Transactions

Award
Common Stock
2022-02-04+226,163→ 226,163 total(indirect: By Trust)
Award
Restricted Stock Units
2022-02-04+38,199→ 38,199 total
Exercise: $0.00→ Common Stock (38,199 underlying)
Award
Options to Purchase Common Stock
2022-02-04+265,550→ 265,550 total
Exercise: $0.70→ Common Stock (265,550 underlying)
Award
Common Stock
2022-02-04+226,163→ 226,163 total(indirect: By Trust)
Award
Common Stock
2022-02-04+226,163→ 226,163 total(indirect: By Trust)
Award
Common Stock
2022-02-04+213,253→ 213,253 total(indirect: By LLC)
Award
Earnout Shares
2022-02-04+1,336,264→ 1,336,264 total
Exercise: $0.00→ Common Stock (1,336,264 underlying)
Award
Earnout Shares
2022-02-04+41,232→ 41,232 total(indirect: By Trust)
Exercise: $0.00→ Common Stock (41,232 underlying)
Award
Earnout Shares
2022-02-04+38,878→ 38,878 total(indirect: By LLC)
Exercise: $0.00→ Common Stock (38,878 underlying)
Award
Restricted Stock Units
2022-02-04+1,294,989→ 1,294,989 total
Exercise: $0.00→ Common Stock (1,294,989 underlying)
Award
Common Stock
2022-02-04+6,895,883→ 6,895,883 total
Award
Common Stock
2022-02-04+226,163→ 226,163 total(indirect: By Trust)
Award
Options to Purchase Common Stock
2022-02-04+1,530,075→ 1,530,075 total
Exercise: $0.70→ Common Stock (1,530,075 underlying)
Award
Earnout Shares
2022-02-04+41,232→ 41,232 total(indirect: By Trust)
Exercise: $0.00→ Common Stock (41,232 underlying)
Award
Earnout Shares
2022-02-04+41,232→ 41,232 total(indirect: By Trust)
Exercise: $0.00→ Common Stock (41,232 underlying)
Award
Earnout Shares
2022-02-04+41,232→ 41,232 total(indirect: By Trust)
Exercise: $0.00→ Common Stock (41,232 underlying)

Footnotes (9)

[F1]Received pursuant to that certain Agreement and Plan of Merger ("Merger Agreement"), dated as of July 18, 2021, as amended, by and among Issuer, formerly known as ECP Environmental Growth Opportunities Corp., a Delaware corporation ("ENNV"), ENNV Merger Sub Inc., a Delaware corporation and a wholly-owned subsidiary of ENNV, and Fast Radius, Inc., a Delaware corporation ("Legacy Fast Radius"), in exchange for equity interests of Legacy Fast Radius.
[F2]The Reporting Person may be deemed to beneficially own the reported securities. The reporting person disclaims beneficial ownership of such securities, except to the extent of his pecuniary interest therein.
[F3]Includes 15,508 Restricted Stock Units that are vested and subject to future settlement and 22,691 Restricted Stock Units which vest monthly through May of 2025, subject to the Reporting Person's continuous service.
[F4]Represents Restricted Stock Units issued by Legacy Fast Radius and assumed by the Issuer on February 4, 2022 as merger consideration under the Merger Agreement.
[F5]Includes 744,442 Restricted Stock Units that are vested and subject to future settlement and 550,547 Restricted Stock Units which vest upon the achievement of certain performance metrics related to the valuation of the Issuer.
[F6]Includes 841,540 vested Options and 688,535 Options which vest monthly through March of 2023. The Options expire on May 20, 2029, subject to the Reporting Person's continuous service.
[F7]Represents Options issued by Legacy Fast Radius and assumed by the Issuer on February 4, 2022 as merger consideration under the Merger Agreement.
[F8]Includes 79,663 vested Options and 185,887 Options which vest monthly through April of 2023. The Options expire on May 20, 2029, subject to the Reporting Person's continuous service.
[F9]Represents the right to receive shares of the Issuer's Common Stock in two equal tranches, at the time that the Issuer's Common Stock reaches a value of $15.00 and $20.00, respectively, no later than February 4, 2027, based upon the (i) daily volume-weighted average sale price of shares of the Issuer's Common Stock for any 20 trading days within any 30 consecutive trading day period or (ii) the per share consideration received in connection with a change in control.

Documents

1 file

4
doc4.xmlPrimary
FORM 4 SUBMISSION

Issuer

Fast Radius, Inc.

CIK 0001832351

→

Entity typeother

Related Parties

filerCIK 0001907825

Filing Metadata

Form type: 4
Filed: Feb 7, 7:00 PM ET
Accepted: Feb 8, 9:58 PM ET
Size: 38.2 KB

View on SEC.gov