SEC Form 4 · accession 0001144204-15-037036
Electrum Special Acquisition Corp · ELEC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Eric N. Vincent
Officer — Chief Executive Officer · 10% Owner
Period of report
Jun 10, 2015
Accepted (ET)
Jun 12, 2015 · 8:44 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001639669
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Ordinary Shares | Jun 10, 2015 | P | 45,994 | $0.007 | A | 3,920,109 | I | By ESAC Holdings LLC |
| Ordinary SharesF3,F4 | Jun 10, 2015 | J | 699,346 | $0.00 | A | 4,573,461 | I | By ESAC Holdings LLC |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1ESAC Holdings LLC purchased the ordinary shares from Ospraie Partners LLC, for $0.006688963 per share, pursuant to a private purchase, as further described in the Issuer's Registration Statements on Form S-1 (File No. 333-203599) and (333-204866).
- F2ESAC Holdings LLC received the ordinary shares from the Issuer pursuant to a bonus issue, as further described in the Issuer's Registration Statements on Form S-1 (File No. 333-203599) and (333-204866).
- F3Includes 596,538 ordinary shares subject to forfeiture depending on the extent to which the underwriters' over-allotment option is exercised.
- F4The reporting person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the shares for purposes of Section 16 or for any other purpose.