Fat Brands, Inc — Director's Dealing 2025

Mar 25, 2025

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Fat Brands, Inc (FAT)
CIK: 0001705012
Period of Report: 2025-03-18

Reporting Person: WIEDERHORN ANDREW (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2025-03-18	Stock option (right to buy)	$4.80	D	15318	Disposed	2028-12-10	Class A Common Stock (15318)	Direct
2025-03-18	Stock option (right to buy)	$2.20	A	15318	Acquired	2028-12-10	Class A Common Stock (15318)	Direct
2025-03-18	Stock option (right to buy)	$10.68	D	15318	Disposed	2027-10-20	Class A Common Stock (15318)	Direct
2025-03-18	Stock option (right to buy)	$8.08	A	15318	Acquired	2027-10-20	Class A Common Stock (15318)	Direct
2025-03-18	Stock option (right to buy)	$11.43	D	100000	Disposed	2031-11-16	Class A Common Stock (100000)	Direct
2025-03-18	Stock option (right to buy)	$8.83	A	100000	Acquired	2031-11-16	Class A Common Stock (100000)	Direct
2025-03-18	Stock option (right to buy)	$7.10	D	30636	Disposed	2034-04-17	Class A Common Stock (30636)	Direct
2025-03-18	Stock option (right to buy)	$4.50	A	30636	Acquired	2034-04-17	Class A Common Stock (30636)	Direct
2025-03-18	Stock option (right to buy)	$7.45	D	30636	Disposed	2033-05-04	Class A Common Stock (30636)	Direct
2025-03-18	Stock option (right to buy)	$4.85	A	30636	Acquired	2033-05-04	Class A Common Stock (30636)	Direct

Footnotes

F1: The reported transactions involve an amendment of an outstanding option to reduce the exercise price by $2.599553 per share, resulting in the deemed cancellation of the "old" option with respect to those shares and the grant of a replacement option. The option was originally granted on December 10, 2018 and provides for vesting in three equal annual installments beginning on the first anniversary of the grant date.

F2: The reported transactions involve an amendment of an outstanding option to reduce the option exercise price by $2.599553 per share, resulting in the deemed cancellation of the "old" option with respect to those shares and the grant of a replacement option. The option was originally granted on October 20, 2017 and provides for vesting in three equal annual installments beginning on the first anniversary of the grant date.

F3: The reported transactions involve an amendment of an outstanding option to reduce the option exercise price by $2.599553 per share, resulting in the deemed cancellation of the "old" option with respect to those shares and the grant of a replacement option. The option was originally granted on November 16, 2021 and provides for vesting in three equal annual installments beginning on the first anniversary of the grant date.

F4: The reported transactions involve an amendment of an outstanding option to reduce the option exercise price by $2.599553 per share, resulting in the deemed cancellation of the "old" option with respect to those shares and the grant of a replacement option. The option was originally granted on April 17, 2024 and provides for vesting in three equal annual installments beginning on the first anniversary of the grant date.

F5: The reported transactions involve an amendment of an outstanding option to reduce the option exercise price by $2.599553 per share, resulting in the deemed cancellation of the "old" option with respect to those shares and the grant of a replacement option. The option was originally granted on May 4, 2023 and provides for vesting in three equal annual installments beginning on the first anniversary of the grant date.