4//SEC Filing
Rainey Paul 4
Accession 0001209191-18-039757
CIK 0001512077other
Filed
Jun 26, 8:00 PM ET
Accepted
Jun 27, 9:19 PM ET
Size
12.8 KB
Accession
0001209191-18-039757
Insider Transaction Report
Form 4
Rainey Paul
Chief Financial Officer
Transactions
- Award
Common Stock
2018-06-25+183,333→ 278,644 total - Award
Common Stock
2018-06-25+91,667→ 370,311 total - Award
Stock Option
2018-06-25+120,946→ 120,946 totalExercise: $2.65Exp: 2023-06-25→ Common Stock (120,946 underlying) - Award
Stock Option
2018-06-25+241,892→ 241,892 totalExercise: $2.65Exp: 2025-06-25→ Common Stock (241,892 underlying)
Footnotes (5)
- [F1]These shares were granted as restricted stock units and will vest as follows; (i) 50% vesting on March 27, 2020, (ii) 25% vesting on March 27, 2021 and (iii) 25% vesting on March 27, 2022, subject to continuous employment on each applicable vesting date.
- [F2]These shares were granted as performance-based restricted stock units and will vest as follows; (i) 50% vesting on March 27, 2020, (ii) 25% vesting on March 27, 2021, and (iii) 25% vesting on March 27, 2022, subject to the reporting person's continuous service through each applicable vesting date, and provided that the Issuer's volume-weighted average price per share of common stock equals or exceeds $4.00 for 45 consecutive trading days at any time on or prior to June 25, 2023.
- [F3]Each Stock Option represents the right of the reporting person to receive a cash payment on the date of exercise equal to the value of the closing price per share on the date of exercise less the exercise price.
- [F4]These Stock Options generally vest and become exercisable as follows: (i) 50% of the Stock Options will vest on March 27, 2020, (ii) 25% of the Stock Options will vest on March 27, 2021 and (iii) 25% of the Stock Options will vest on March 27, 2022, subject to the reporting person's continuous service through each applicable vesting date, and provided that the Issuer's volume-weighted average price per share of common stock equals or exceeds $4.00 for 45 consecutive trading days at any time on or prior to June 25, 2023.
- [F5]These Stock Options generally vest and become exercisable as follows: (i) 50% of the Stock Options will vest on March 27, 2020 and (ii) 50% of the Stock Options will vest on March 27, 2021, subject to the reporting person's continuous service through each applicable vesting date, and provided that the Issuer's volume-weighted average price per share of common stock equals or exceeds $8.00 for 45 consecutive trading days at any time on or prior to June 25, 2025.
Documents
Issuer
Global Eagle Entertainment Inc.
CIK 0001512077
Entity typeother
Related Parties
1- filerCIK 0001703493
Filing Metadata
- Form type
- 4
- Filed
- Jun 26, 8:00 PM ET
- Accepted
- Jun 27, 9:19 PM ET
- Size
- 12.8 KB