X0206 3 2017-07-18 0 0001701821 Federal Street Acquisition Corp. FSAC 0001701842 FS Sponsor LLC C/O FEDERAL STREET ACQUISITION CORP. 100 FEDERAL STREET, 35TH FLOOR BOSTON MA 02110 true 0001214212 SPERLING SCOTT M C/O FEDERAL STREET ACQUISITION CORP. 100 FEDERAL STREET, 35TH FLOOR BOSTON MA 02110 true true true Executive Chairman 0001214214 WELDON KENT R C/O FEDERAL STREET ACQUISITION CORP. 100 FEDERAL STREET, 35TH FLOOR BOSTON MA 02110 true true true Vice Chairman Class F Common Stock, par value $0.0001 per share Class A Common Stock, par value $0.0001 per share 11400000 D FS Sponsor LLC ("Sponsor") directly owns 11,400,000 shares of Class F common stock, par value $0.0001 per share (the "Class F Shares"), of the Issuer, including 1,500,000 Class F Shares that are subject to forfeiture if the underwriters of the Issuer's initial public offering do not exercise in full an option granted to it to cover over-allotments. Pursuant to the Amended and Restated Certificate of Incorporation of the Issuer, such Class F Shares have no expiration date and (i) are convertible into shares of Class A common stock, par value $0.0001 per share ("Class A Shares"), of the Issuer at any time at the option of the holder on a one-for-one basis and (ii) will automatically convert into Class A Shares at the time of the Issuer's initial business combination on a one-for-one basis, in each case, subject to adjustment. Mr. Sperling and Mr. Weldon are members of the Sponsor's management committee. Each Reporting Person disclaims beneficial ownership of the securities reported herein, except to the extent of such Reporting Person's pecuniary interest therein, if any. Pursuant to Rule 16a-1(a)(4) under the Exchange Act, this filing shall not be deemed an admission that the Reporting Persons are, for purposes of Section 16 of the Exchange Act or otherwise, the beneficial owners of any equity securities in excess of their respective pecuniary interests. See Exhibit 24.1 - Power of Attorney, incorporated herein by reference. Exhibit 99.1 Joint Filer Information, incorporated herein by reference. /s/ Charles P. Holden, Attorney-in-Fact for FS Sponsor LLC 2017-07-18 /s/ Charles P. Holden, Attorney-in-Fact for Scott Sperling 2017-07-18 /s/ Charles P. Holden, Attorney-in-Fact for Kent Weldon 2017-07-18