Delman Scott M. 4
4 · Diamond Eagle Acquisition Corp. \ DE · Filed Dec 31, 2019
Insider Transaction Report
Form 4
Delman Scott M.
Director
Transactions
- Other
Class B Common Stock
2019-12-31$0.00/sh+20,000$2→ 20,000 total→ Class A Common Stock (20,000 underlying)
Footnotes (2)
- [F1]On December 31, 2019, Eagle Equity Partners, LLC, the sponsor of the Issuer (the "Sponsor"), transferred 20,000 shares of Class B common stock of the Issuer to each of the Issuer's independent directors at a price per share equal to par value. The Reporting Person is an independent director of the Issuer.
- [F2]The shares of Class B common stock are convertible for shares of the Issuer's Class A common stock as described under the heading "Description of Securities" in the Issuer's Registration Statement on Form S-1 (File No. 333-230815) (the "Registration Statement") and have no expiration date.