4//SEC Filing
COHEN BETSY Z 4
Accession 0001104659-22-005510
CIK 0001889123other
Filed
Jan 18, 7:00 PM ET
Accepted
Jan 19, 5:12 PM ET
Size
11.8 KB
Accession
0001104659-22-005510
Insider Transaction Report
Form 4
COHEN BETSY Z
10% Owner
Transactions
- Purchase
Class A Common Stock, par value $0.0001
2022-01-14+86,081→ 976,081 total(indirect: By LLC) - Other
Class B Common Stock, par value $0.0001
2022-01-14−87,594→ 4,265,739 total(indirect: By LLC)→ Class A Common Stock (87,594 underlying) - Other
Class B Common Stock, par value $0.0001
2022-01-14−60,598→ 4,349,402 total(indirect: By LLC)→ Class A Common Stock (60,598 underlying)
Footnotes (5)
- [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 86,081 units of FTAC Emerald Acquisition Corp. (the "Issuer") in a private placement that closed in connection with the underwriter's partial exercise of its over-allotment option, for an aggregate purchase price of $860,810. 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 the heading "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]60,598 shares of Class B common stock were forfeited by Sponsor to the Issuer for no consideration and cancelled because the underwriters for the Issuer's initial public offering partially exercised their over-allotment option.
- [F5]87,594 shares of Class B common stock were forfeited by Advisors to the Issuer for no consideration and cancelled because the underwriters for the Issuer's initial public offering partially exercised their over-allotment option.
Documents
Issuer
FTAC Emerald Acquisition Corp.
CIK 0001889123
Entity typeother
Related Parties
1- filerCIK 0001168754
Filing Metadata
- Form type
- 4
- Filed
- Jan 18, 7:00 PM ET
- Accepted
- Jan 19, 5:12 PM ET
- Size
- 11.8 KB