SEC Form 4 · accession 0001144204-15-037893

Electrum Special Acquisition Corp · ELEC

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — Chairman of the Board · Director · 10% Owner

Period of report

Jun 16, 2015

Accepted (ET)

Jun 18, 2015 · 3:01 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^F2	Jun 16, 2015	J	28,406	$0.00	D	4,545,055	I	By ESAC Holdings LLC

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Private Placement Warrants^F2,F3,F4	$5.75	Jun 16, 2015	P	13,050,000	A	—	—	Ordinary Shares	6,525,000	13,050,000	I

F1ESAC Holdings LLC forfeited 28,406 shares to the Issuer at no cost in connection with the partial exercise by the underwriters of their over-allotment option, as described in the Issuer's Registration Statements on Form S-1 (File No. 333-203599) and (333-204866).
F2The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of all of the securities for purposes of Section 16 or for any other purpose.
F3The warrants will become exercisable beginning on the later of 30 days after the completion of an initial business combination or June 10, 2016.
F4The warrants will expire five years after the completion of an initial business combination, or earlier upon redemption.