SEC Form 4 · accession 0001144204-16-089129
Global Eagle Entertainment Inc. · ENT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jeffrey Sagansky
Director
Period of report
Mar 10, 2016
Accepted (ET)
Mar 21, 2016 · 1:20 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001512077
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Mar 8, 2016 | S | 2,504 | $9.75 | D | 744,698 | D | |
| Common Stock | Mar 9, 2016 | S | 51 | $9.75 | D | 744,647 | D | |
| Common StockF2 | Mar 10, 2016 | S | 1,421 | $9.76 | D | 743,226 | D | |
| Common StockF3 | Mar 10, 2016 | A | 5,405 | $0.00 | A | 748,631 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to Buy)F4 | $9.25 | Mar 10, 2016 | A | 15,444 | A | — | Mar 10, 2021 | Common Stock | 15,444 | 15,444 | D |
Explanation of responses
- F1Represents the weighted average price of shares sold at prices of $9.75 to $9.76. The reporting person will furnish the full details of sales to the Securities and Exchange Commission, the issuer or any shareholder of the issuer upon request.
- F2Represents the weighted average price of shares sold at prices of $9.75 to $9.81. The reporting person will furnish the full details of sales to the Securities and Exchange Commission, the issuer or any shareholder of the issuer upon request.
- F3Pursuant to Restricted Stock Units that are expected to vest on April 10, 2017.
- F4Stock options are expected to vest in four equal quarterly installments, beginning on March 31, 2016.