SEC Form 4 · accession 0001209191-17-067288
Global Eagle Entertainment Inc. · ENT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Stephen Ballas
Officer — EVP, Gen Counsel & Secretary
Period of report
Dec 21, 2017
Accepted (ET)
Dec 26, 2017 · 8:23 pm EST
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 | Dec 21, 2017 | A | 62,305 | $0.00 | A | 105,199 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1These shares were granted as restricted stock units, and will vest in four equal annual installments, with the first installment vesting on April 28, 2018, subject to continuous employment on each vesting date.
Remarks
The grants in this Form 4 are "backlog grants" promised to the Reporting Person earlier in 2017, the issuance of which was subject to stockholder approval of our new 2017 Omnibus Long-Term Incentive Plan. Our stockholders approved the new Plan on December 21, 2017. We described this grant in our Schedule 14A filed with the U.S. Securities and Exchange Commission on November 28, 2017.