Baker Eli 4
4 · Platinum Eagle Acquisition Corp. · Filed Mar 14, 2019
Insider Transaction Report
Form 4
Platinum Eagle Acquisition LLC
Director10% OwnerOther
Transactions
- Other
Class B Common Stock
2019-03-13−4,068,750→ 0 total→ Class A Common Stock (4,068,750 underlying) - Other
Private Placement Warrants
2019-03-13−2,333,333→ 0 totalExercise: $11.50→ Class A Common Stock (2,333,333 underlying)
Footnotes (5)
- [F1]The shares of Class B Common Stock are convertible into shares of the Issuer's Class A Common Stock as described under the heading "Description of Securities - Founder Shares" in the Issuer's registration statement on Form S-1 (File No. 333-222279) (the "Registration Statement") and have no expiration date.
- [F2]Represents a pro rata distribution from Platinum Eagle Acquisition LLC ("Sponsor") to its members. Messrs. Sagansky and Baker are members of Sponsor.
- [F3]The securities were held directly by Sponsor. Messrs. Sagansky and Baker are both members of Sponsor and share voting and dispositive control over the securities held by Sponsor.
- [F4]Each Private Placement Warrant ("PPW") is exercisable to purchase one share of Class A Common Stock at $11.50 per share, subject to adjustment, as described under the heading "Description of Securities - Warrants - Private Placement Warrants" in the Registration Statement.
- [F5]The PPWs become exercisable 30 days after the completion of the Issuer's initial business combination and expire five years after the completion of the Issuer's initial business combination or earlier upon redemption or liquidation, as described under the heading "Description of Securities - Warrants - Private Placement Warrants" in the Registration Statement.