Patrick McCusker - 04 Feb 2022 Form 4 Insider Report for Fast Radius, Inc.

Role: Chief Operating Officer
Signature: /s/ Patrick McCusker
Issuer symbol: N/A
Transactions as of: 04 Feb 2022
Net transactions value: $0
Form type: 4
Filing time: 08 Feb 2022, 20:57:32 UTC
Next filing: 19 Apr 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	FSRD	Common Stock	Award		+1,538,223			1,538,223	04 Feb 2022	Direct	F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	FSRD	Restricted Stock Units	Award		+33,704			33,704	04 Feb 2022	Common Stock	33,704	$0.000000	Direct	F2, F3
transaction	FSRD	Restricted Stock Units	Award		+392,597			392,597	04 Feb 2022	Common Stock	392,597	$0.000000	Direct	F3, F4
transaction	FSRD	Options to Purchase Common Stock	Award		+467,788			467,788	04 Feb 2022	Common Stock	467,788	$0.7000	Direct	F5, F6
transaction	FSRD	Options to Purchase Common Stock	Award		+81,186			81,186	04 Feb 2022	Common Stock	81,186	$0.7000	Direct	F6, F7
transaction	FSRD	Earnout Shares	Award		+292,004			292,004	04 Feb 2022	Common Stock	292,004	$0.000000	Direct	F6, F8

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
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	Includes 13,684 Restricted Stock Units that are vested and subject to future settlement and 20,020 Restricted Stock Units which vest monthly through May of 2025, subject to the Reporting Person's continuous service.
F3	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.
F4	Includes 225,691 Restricted Stock Units that are vested and subject to future settlement and 166,906 Restricted Stock Units which vest upon the achievement of certain performance metrics related to the valuation of the Issuer.
F5	Includes 257,283 vested Options and 210,505 Options which vest monthly through March of 2023. The Options expire on May 20, 2029, subject to the Reporting Person's continuous service.
F6	Represents Options issued by Legacy Fast Radius and assumed by the Issuer on February 4, 2022 as merger consideration under the Merger Agreement.
F7	Includes 24,354 vested Options and 56,832 Options which vest monthly through April of 2023. The Options expire on May 20, 2029, subject to the Reporting Person's continuous service.
F8	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.