4//SEC Filing
SAGANSKY JEFFREY 4
Accession 0001144204-18-002701
CIK 0001712189other
Filed
Jan 17, 7:00 PM ET
Accepted
Jan 18, 7:11 PM ET
Size
13.4 KB
Accession
0001144204-18-002701
Insider Transaction Report
Form 4
Platinum Eagle Acquisition LLC
Director10% OwnerOther
Transactions
- Award
Private Placement Warrants
2018-01-17$1.50/sh+2,333,333$3,500,000→ 2,333,333 totalExercise: $11.50→ Class A Ordinary Shares (2,333,333 underlying) - Disposition to Issuer
Class B Ordinary Shares
2018-01-16−255,000→ 4,143,750 total→ Class A Ordinary Shares (255,000 underlying)
SAGANSKY JEFFREY
DirectorChief Executive Officer10% Owner
Transactions
- Award
Private Placement Warrants
2018-01-17$1.50/sh+2,333,333$3,500,000→ 2,333,333 totalExercise: $11.50→ Class A Ordinary Shares (2,333,333 underlying) - Disposition to Issuer
Class B Ordinary Shares
2018-01-16−255,000→ 4,143,750 total→ Class A Ordinary Shares (255,000 underlying)
Baker Eli
President, CFO and Secretary10% Owner
Transactions
- Award
Private Placement Warrants
2018-01-17$1.50/sh+2,333,333$3,500,000→ 2,333,333 totalExercise: $11.50→ Class A Ordinary Shares (2,333,333 underlying) - Disposition to Issuer
Class B Ordinary Shares
2018-01-16−255,000→ 4,143,750 total→ Class A Ordinary Shares (255,000 underlying)
Footnotes (6)
- [F1]The Class B Ordinary Shares are convertible for the Issuer's 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. 333-222279) and have no expiration date.
- [F2]In connection with the Issuer's initial public offering, Platinum Eagle Acquisition LLC ("Sponsor") forfeited 255,000 Class B Ordinary Shares to the Issuer.
- [F3]The securities are held directly by the Sponsor. Jeffrey Sagansky and Eli Baker are both members of Sponsor and share voting and dispositive control over the securities held by Sponsor. Accordingly, Jeffrey Sagansky and Eli Baker may be deemed to share beneficial ownership over the securities held directly by Sponsor. Each of the Reporting Persons disclaims beneficial ownership of such securities except to the extent of its or his pecuniary interest therein, and this Report shall not be deemed an admission that the Reporting Persons are the beneficial owners of the securities for purposes of Section 16 or for any other purpose.
- [F4]Each Private Placement Warrant ("PPW") is exercisable to purchase one Class A ordinary share at $11.50 per share, subject to adjustment as described under the headings "Description of Securities--Warrants--Private Placement Warrants" and "Description of Securities--Warrants--Private Placement Warrants" in the Issuer's registration statement on Form S-1 (File No. 333-222279).
- [F5]The PPWs become exercisable beginning on the later of January 17, 2019 or 30 days after the completion of the Issuer's initial business combination as described under the headings "Description of Securities--Warrants--Private Placement Warrants" and "Description of Securities--Warrants--Private Placement Warrants" in the Issuer's registration statement on Form S-1 (File No. 333-222279).
- [F6]The PPWs will expire five years after the completion of the Issuer's initial business combination or earlier upon redemption or liquidation as described under the headings "Description of Securities--Warrants--Private Placement Warrants" and "Description of Securities--Warrants--Private Placement Warrants" in the Issuer's registration statement on Form S-1 (File No. 333-222279).
Documents
Issuer
Platinum Eagle Acquisition Corp.
CIK 0001712189
Entity typeother
Related Parties
1- filerCIK 0001207119
Filing Metadata
- Form type
- 4
- Filed
- Jan 17, 7:00 PM ET
- Accepted
- Jan 18, 7:11 PM ET
- Size
- 13.4 KB