Sec Form 4 Filing - Rassey Louis @ Fast Radius, Inc. - 2022-04-15

Insider filing report for Changes in Beneficial Ownership
"Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise"
- Peter Lynch
What is insider trading>>
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Expires: November 30, 2011
Estimated average burden hours per response... 0.5
1. Name and Address of Reporting Person
Rassey Louis
2. Issuer Name and Ticker or Trading Symbol
Fast Radius, Inc. [ FSRD]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director X __ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
Chief Executive Officer
(Last) (First) (Middle)
C/O FAST RADIUS, INC., 113 N. MAY STREET
3. Date of Earliest Transaction (MM/DD/YY)
04/15/2022
(Street)
CHICAGO, IL60607
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units ( 1 ) 04/15/2022 A 43,353 ( 2 ) ( 2 ) Common Stock 43,353 $ 0 43,353 D
Restricted Stock Units ( 1 ) 04/15/2022 A 6,007,171 ( 3 )( 4 ) ( 3 )( 4 ) Common Stock 6,007,171 $ 0 6,007,171 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Rassey Louis
C/O FAST RADIUS, INC.
113 N. MAY STREET
CHICAGO, IL60607
X X Chief Executive Officer
Signatures
/s/ Louis Rassey 04/19/2022
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Each restricted stock unit ("RSU") represents a contingent right to receive one share of FSRD common stock.
( 2 )The RSUs are fully vested upon being granted. The grant will be settled pursuant to the terms of FSRD's 2022 Equity Incentive Plan.
( 3 )The RSUs are eligible to vest in installments contingent upon Mr. Rassey's continued employment as Chief Executive Officer through the date of attainment of each of the following FSRD common stock share price performance goals ("Price Hurdles"): 10% of the total number of RSUs are eligible to vest upon attainment of a $15.00 price per share of FSRD common stock, 10% of the total number of RSUs are eligible to vest upon attainment of a $20.00 price per share of FSRD common stock, 10% of the total number of RSUs are eligible to vest upon attainment of a $25.00 price per share of FSRD common stock, 10% of the total number of RSUs are eligible to vest upon attainment of a $30.00 price per share of FSRD common stock, 10% of the total number of RSUs are eligible to vest upon attainment of a $35.00 price per share of FSRD common stock, 10% of the total number of RSUs are eligible to vest upon attainment of a $40.00 price per share of FSRD common stock,
( 4 )(Continued from Footnote 3), and 10% of the total number of RSUs are eligible to vest upon attainment of a $80.00 price per share of FSRD common stock. Once any portion of the grant vests based on achievement of a specific Price Hurdle, no additional portion of the grant may vest based on any subsequent attainment of the same Price Hurdle on any later date during the term of the grant. The grant will be settled pursuant to the terms of FSRD's 2022 Equity Incentive Plan.

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 4(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.