SEC Form 4 · accession 0001144204-15-037039
Electrum Special Acquisition Corp · ELEC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Dwight Anderson
Director
Period of report
Jun 10, 2015
Accepted (ET)
Jun 12, 2015 · 8:45 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 | S | 45,994 | $0.007 | D | 300,391 | I | By Ospraie Partners LLC |
| Ordinary SharesF3,F4 | Jun 10, 2015 | J | 50,066 | $0.00 | A | 350,475 | I | By Ospraie Partners LLC |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Ospraie Partners LLC sold 45,994 ordinary shares to ESAC Holdings LLC at the original purchase price of approximately $0.007 per ordinary share, as further described in the Issuer's Registration Statements on Form S-1 (333-203599) and (333-204866).
- F2Ospraie Partners LLC received the ordinary shares from the Issuer pursuant to a bonus share issue, as further described in the Issuer's Registration Statements on Form S-1 (File No. 333-203599) and (333-204866).
- F3Includes 45,712 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.