Double Eagle Acquisition Corp. 4
4 · Double Eagle Acquisition Corp. · Filed Sep 18, 2015
Insider Transaction Report
Form 4
McNamara James Marvin
Director
Transactions
- Purchase
Private Placement Warrants
2015-09-16$0.50/sh+1,650,000$825,000→ 1,650,000 totalExercise: $5.75→ Class A Ordinary Shares (825,000 underlying)
Holdings
- 28,235
Class B Ordinary Shares
→ Class A Ordinary Shares
Footnotes (3)
- [F1]The Class B Ordinary Shares are convertible into the Issuer's Class A Ordinary Shares and have no expiration date. The reporting person owns 28,235 Class B Ordinary Shares which are convertible into Class A Ordinary Shares as described under the heading "Description of Securities-Founder Shares" in the Issuer's registration statement on Form S-1 (File No. 333-206356). The Class B Ordinary Shares owned by the reporting person include 2,660 Class B Ordinary Shares that are subject to forfeiture if the underwriters do not exercise their over-allotment option in full, as described in the Issuer's registration statement.
- [F2]The warrants will become exercisable beginning on the later of one year after issuance or 30 days after the completion of the Issuer's initial business combination.
- [F3]The warrants expire five years after the completion of the Issuer's initial business combination or earlier upon redemption or liquidation.