4//SEC Filing
COHEN BETSY Z 4
Accession 0001104659-21-152736
CIK 0001889123other
Filed
Dec 21, 7:00 PM ET
Accepted
Dec 22, 5:34 PM ET
Size
11.7 KB
Accession
0001104659-21-152736
Insider Transaction Report
Form 4
COHEN BETSY Z
10% Owner
Transactions
- Purchase
Class A Common Stock, par value $0.0001
2021-12-20+890,000→ 890,000 total(indirect: By LLC) - Other
Class B Common Stock, par value $0.0001
2021-12-20+4,353,333→ 4,353,333 total(indirect: By LLC)→ Class A Common Stock (4,353,333 underlying) - Other
Class B Common Stock, par value $0.0001
2021-12-20−4,353,333→ 4,410,000 total(indirect: By LLC)→ Class A Common Stock (4,353,333 underlying)
Footnotes (4)
- [F1]The Reporting Person is the managing member of each of Emerald ESG Sponsor, LLC, a Delaware limited liability company ("Sponsor"), and Emerald ESG Advisors, LLC, a Delaware limited liability company ("Advisors"). As such, the Reporting Person has voting and investment discretion with respect to the common stock held of record by Sponsor and Advisors, and may be deemed to have beneficial ownership of the common stock held directly by each of Sponsor and Advisors, and disclaims any beneficial ownership of the reported common stock other than to the extent of any pecuniary interest she may have therein, directly or indirectly.
- [F2]Sponsor purchased 890,000 units of FTAC Emerald Acquisition Corp. (the "Issuer") in a private placement that closed simultaneously with the Issuer's initial public offering for an aggregate purchase price of $8,900,000. Each unit consists of one share of the Issuer's Class A Common Stock, par value $0.0001, and one-half of one redeemable warrant, as described under theheading "Description of Securities - Units - Placement Units" in the Issuer's registration statement on Form S-1 (File No. 333-261254).
- [F3]The Class B common stock will automatically convert into Class A common stock at the time of the Issuer's initial business combination on a one-for-one basis, subject to certain adjustments described in the Issuer's charter documents and has no expiration date.
- [F4]4,353,333 shares of Class B common stock held by Sponsor were distributed to Advisors, Sponsor's member. The Class B common stock distributed to Advisors includes up to 726,194 shares of Class B common stock that are subject to forfeiture in the event the underwriter of the Issuer's initial public offering does not exercise in full its over-allotment option.
Documents
Issuer
FTAC Emerald Acquisition Corp.
CIK 0001889123
Entity typeother
Related Parties
1- filerCIK 0001168754
Filing Metadata
- Form type
- 4
- Filed
- Dec 21, 7:00 PM ET
- Accepted
- Dec 22, 5:34 PM ET
- Size
- 11.7 KB