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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Option (right to buy) | $ 9.87 | 01/20/2015 | M | 126 | (3) | 06/17/2018 | Common Stock | 126 | $ 0 | 274,874 | D | ||||
Option (right to buy) | $ 9.87 | 01/21/2015 | M | 87,999 | (3) | 06/17/2018 | Common Stock | 87,999 | $ 0 | 186,875 | D | ||||
Option (right to buy) | $ 9.87 | 01/30/2015 | M | 4,896 | (3) | 06/17/2018 | Common Stock | 4,896 | $ 0 | 181,979 | D | ||||
Option (right to buy) | $ 13.15 | 03/16/2015 | A | 15,800 | (4) | 03/16/2020 | Common Stock | 15,800 | $ 0 | 15,800 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Zemetra Michael Leonard C/O GLOBAL EAGLE ENTERTAINMENT INC. 4553 GLENCOE AVENUE LOS ANGELES, CA 90292 |
CFO and Treasurer |
/s/ Joel Rubinstein, Attorney-in-Fact | 05/01/2015 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | Pursuant to Restricted Stock Units that are expected to vest in four equal annual installments, beginning on March 16, 2016. |
(2) | Pursuant to Restricted Stock Units that are expected to vest, subject to the reporting person's continued employment with Global Eagle Entertainment Inc., on September 17, 2015. |
(3) | The original option was for 275,000 shares, of which 68,500 underlying shares vested on June 17, 2014 and the remaining underlying shares are expected to vest monthly on a pro rata basis during the following three years until fully vested. |
(4) | The stock options are expected to vest in four equal annual installments beginning on March 16, 2016. |