FORM 4

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

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, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person *
Fog Cutter Holdings, LLC
2. Issuer Name and Ticker or Trading Symbol
Fat Brands, Inc [FAT]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director __X__ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last)
(First)
(Middle)

9720 WILSHIRE BLVD, SUITE 500
3. Date of Earliest Transaction (Month/Day/Year)
02/25/2021
(Street)

BEVERLY HILLS, CA 90212
(City)
(State)
(Zip)
4. If Amendment, Date Original Filed(Month/Day/Year)
6. Individual or Joint/Group Filing
(Check applicable line)

______ Form Filed by One Reporting Person
__X__ 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)

Code

V

Amount

(A) or (D)

Price

Common Stock, par value $0.0001 per share

02/25/2021 J (1)  1,452,114D (1) 7,014,149I (2)

By Fog Cutter Holdings, LLC

Common Stock, par value $0.0001 per share

       23,332D (3)  


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 of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)

11. Nature of Indirect Beneficial Ownership (Instr. 4)

Code

V

(A)

(D)

Date Exercisable

Expiration Date

Title

Amount or Number of Shares



Reporting Owners
Reporting Owner Name / AddressRelationships
Director10% OwnerOfficerOther

Fog Cutter Holdings, LLC
9720 WILSHIRE BLVD, SUITE 500
BEVERLY HILLS, CA 90212

  X  

WIEDERHORN ANDREW
9720 WILSHIRE BLVD., SUITE 500
BEVERLY HILLS,, CA 90212

 X X CEO 

Explanation of Responses:

On February 25, 2021, Fog Cutter Holdings, LLC completed a distribution in kind to its members of 1,452,114 shares of Common Stock of the Issuer on a pro rata basis in accordance with such members' capital contributions for no additional consideration.

These shares are owned directly by Fog Cutter Holdings, LLC, a 10% beneficial owner of the Issuer, and indirectly by Andrew A. Wiederhorn as the sole manager of Fog Cutter Holdings, LLC.

These shares are owned directly by Andrew A. Wiederhorn.



Signatures

/s/ Andrew A. Wiederhorn, individually and as Manager

03/05/2021
** Signature of Reporting PersonDate
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