SEC FORM 4

SEC Form 4

FORM 4

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
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

Rassey Louis

(Last)

(First)

(Middle)

C/O FAST RADIUS, INC.

113 N. MAY STREET

(Street)

CHICAGO

60607

(City)

(State)

(Zip)

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

3. Date of Earliest Transaction (Month/Day/Year)
04/15/2022

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)

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 (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	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 (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (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: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Restricted Stock Units	⁽¹⁾	04/15/2022		A		43,353		⁽²⁾	⁽²⁾	Common Stock	43,353	$0.00	43,353	D
Restricted Stock Units	⁽¹⁾	04/15/2022		A		6,007,171		⁽³⁾⁽⁴⁾	⁽³⁾⁽⁴⁾	Common Stock	6,007,171	$0.00	6,007,171	D

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.

Remarks:

	/s/ Louis Rassey	04/19/2022
	** 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 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).
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