Mark Elenowitz - 28 May 2025 Form 4 Insider Report for Fat Brands, Inc (FAT)

Role: Director
Signature: /s/ Allen Sussman, Attorney-in-Fact
Issuer symbol: FAT
Transactions as of: 28 May 2025
Net transactions value: +$2,200
Form type: 4
Filing time: 03 Jun 2025, 19:45:58 UTC
Previous filing: 20 Mar 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Elenowitz Mark	Director	9720 WILSHIRE BLVD, SUITE 500, BEVERLY HILLS	/s/ Allen Sussman, Attorney-in-Fact	03 Jun 2025	0001375089

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	FAT	Series B Cumulative Preferred Stock	Purchase	$2,200	+1,000	+11%	$2.20	10,200	30 May 2025	Direct

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	FAT	Warrant to purchase Common Stock Warrants	Options Exercise	$0	-2,564	-100%	$0.000000	0	28 May 2025	Warrant to purchase Class A Common Stock	2,564	$0.0100	Direct	F1
transaction	FAT	Warrant to purchase Common Stock (FATBW)	Options Exercise	$0	-7	-0.27%	$0.000000	2,557	28 May 2025	Class A Common Stock	2,557	$0.000000	Direct	F1
transaction	FAT	Warrant to purchase Common Stock (FATBW)	Options Exercise	$0	+2,557		$0.000000	2,557	28 May 2025	Class A Common Stock	2,557	$0.000000	Direct	F1

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

Explanation of Responses:

Id	Content
F1	The reporting person exercised a non-traded warrant to purchase 2,564 publicly traded warrants (FATBW) of the Company for $0.01 per warrant. The reporting person paid the exercise price on a cashless basis, resulting in withholding of seven FATBW warrants to pay the exercise price and issuing to the reporting person the remaining 2,557 FATBW warrants.