SEC Form 4 · accession 0001144204-16-094101
Global Eagle Entertainment Inc. · ENT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).
Reporting owner
Stephen Ballas
Officer — SVP, Gen Counsel & Secretary
Period of report
Apr 11, 2016
Accepted (ET)
Apr 13, 2016 · 4:05 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 | Apr 11, 2016 | A | 48,105 | $0.00 | A | 48,105 | 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)F2 | $8.44 | Apr 11, 2016 | A | 135,321 | A | — | Apr 11, 2021 | Common Stock | 135,321 | 135,321 | D |
Explanation of responses
- F1Pursuant to restricted stock units that are expected to vest in four equal annual installments, beginning on April 11, 2017.
- F2Stock options are expected to vest on the following schedule:(i) with respect to 25% of the underlying shares, on April 11, 2017; and (ii) with respect to the remaining underlying shares, monthly on a pro rata basis during the following three years until fully vested.