SEC Form 3: New insider Nanry John claimed ownership of 1,442,071 shares
$FSRD
Computer Software: Prepackaged Software
Technology
| FORM 3 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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1. Name and Address of Reporting Person*
(Street)
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2. Date of Event Requiring Statement
(Month/Day/Year) 06/30/2022 |
3. Issuer Name and Ticker or Trading Symbol
Fast Radius, Inc. [ FSRD ] |
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4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
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5. If Amendment, Date of Original Filed
(Month/Day/Year) |
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6. Individual or Joint/Group Filing (Check Applicable Line)
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| Table I - Non-Derivative Securities Beneficially Owned | |||
|---|---|---|---|
| 1. Title of Security (Instr. 4) | 2. Amount of Securities Beneficially Owned (Instr. 4) | 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 4. Nature of Indirect Beneficial Ownership (Instr. 5) |
| Common Stock | 1,442,071 | D | |
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||
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| 1. Title of Derivative Security (Instr. 4) | 2. Date Exercisable and Expiration Date (Month/Day/Year) | 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) | 4. Conversion or Exercise Price of Derivative Security | 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 6. Nature of Indirect Beneficial Ownership (Instr. 5) | ||
| Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||
| Restricted Stock Units | (1) | (1) | Common Stock | 17,979 | 0.00 | D | |
| Restricted Stock Units | (2) | (2) | Common Stock | 257,055 | 0.00 | D | |
| Restricted Stock Units | (3) | (3) | Common Stock | 23,647 | 0.00 | D | |
| Options to Purchase Common Stock | (4) | (4) | Common Stock | 129,782 | 0.7 | D | |
| Options to Purchase Common Stock | (5) | (5) | Common Stock | 22,523 | 0.7 | D | |
| Earnout Shares | (6) | (6) | Common Stock | 284,136 | 0.00 | D | |
| Explanation of Responses: |
| 1. Includes 9,676 Restricted Stock Units ("RSUs") that are vested and subject to future settlement and 8,303 RSUs which vest quarterly through December of 2022, then monthly through May of 2024, subject to the Reporting Person's continuous service. |
| 2. Includes 147,770 RSUs that are vested and subject to future settlement and 109,285 RSUs which vest upon the achievement of certain performance metrics related to the valuation of the Issuer. |
| 3. Includes 23,647 RSUs that are vested and subject to future settlement. |
| 4. Includes 77,868 vested Options and 51,914 Options which vest annually through March of 2023. The Options expire on May 20, 2029, subject to the Reporting Person's continuous service. |
| 5. Includes 13,513 vested Options and 9,010 Options which vest annually through March of 2023. The Options expire on May 20, 2029, subject to the Reporting Person's continuous service. |
| 6. 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. |
| Remarks: |
| See Exhibit 24 - Power of Attorney |
| By: /s/ Patrick McCusker, as attorney-in-fact for John Nanry | 07/11/2022 | |
| ** Signature of Reporting Person | Date | |
| Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | ||
| * If the form is filed by more than one reporting person, see Instruction 5 (b)(v). | ||
| ** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). | ||
| Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. | ||
| Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. | ||