Fat Brands, Inc — Director's Dealing 2020

Jul 25, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Fat Brands, Inc (FAT)
CIK: 0001705012
Period of Report: 2020-07-16

Reporting Person: WIEDERHORN ANDREW (Director, Chief Executive Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-07-16	SERIES B CUMULATIVE PREFERRED STOCK	A	1567	—	Acquired	21567	Direct
2020-07-16	SERIES B CUMULATIVE PREFERRED STOCK	P	4000	—	Acquired	25567	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-07-16	WARRANT TO PURCHASE COMMON STOCK	$8.50	P	2400	Acquired	2024-10-03	COMMON STOCK (2400)	Direct
2020-07-16	WARRANT TO PURCHASE COMMON STOCK	$8.50	D	14400	Disposed	2024-10-03	COMMON STOCK (14400)	Direct
2020-07-16	WARRANT TO PURCHASE COMMON STOCK	$5.00	A	120000	Acquired	2025-07-16	COMMON STOCK (120000)	Direct

Footnotes

F1: The Company issued to the Reporting Person 1,567 shares of Series B Cumulative Preferred Stock at $25.00 per share as consideration for accrued dividends on shares of Series B Cumulative Preferred Stock held by the Reporting Person.

F2: The Reporting Person acquired in a private transaction units comprised of 4,000 shares of Series B Cumulative Preferred Stock and 2,400 warrants originally issued by the Company in October 2019 for $25.00 per unit plus accrued and unpaid dividends.

F3: In connection with the Company's public offering of Series B Cumulative Preferred Stock and Warrants, the Company exchanged outstanding warrants held by the Reporting Person for warrants of the same class issued in the public offering in an exempt transaction under Rule 16b-3(d) and (e).