Home > Insider Trading > Filing (0001104659-22-005510)

Filing Details

Accession Number:: 0001104659-22-005510
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2022-01-19 17:12:54
Reporting Period:: 2022-01-14

Accepted Time:: 2022-01-19 17:12:54
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1889123	Ftac Emerald Acquisition Corp.	EMLDU	()	4

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1168754	Z Betsy Cohen	2929 Arch Street, Suite 1703 Philadelphia PA 19104		Yes	No	Yes	No

Reported Non-Derivative Transactions

Show Other Fields >>

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Class A Common Stock, Par Value $0.0001	Acquisiton	2022-01-14	86,081	$0.00	976,081	No	4	P	Indirect	By Emerald ESG Sponsor, LLC

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	P	Indirect	By Emerald ESG Sponsor, LLC

Reported Derivative Transactions

Show Other Fields >>

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Class A Common Stock	Class B Common Stock, par value $0.0001	Disposition	2022-01-14	60,598	$0.00	60,598	$0.00
Class A Common Stock	Class B Common Stock, par value $0.0001	Disposition	2022-01-14	87,594	$0.00	87,594	$0.00

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
4,349,402			No	4	J	Indirect
4,265,739			No	4	J	Indirect

Footnotes

The Reporting Person is the managing member of each of Emerald ESG Sponsor, LLC, a Delaware limited liability company ("Sponsor"), and Emerald ESG Advisors, LLC, a Delaware limited liability company ("Advisors"). As such, the Reporting Person has voting and investment discretion with respect to the common stock held of record by Sponsor and Advisors, and may be deemed to have beneficial ownership of the common stock held directly by each of Sponsor and Advisors, and disclaims any beneficial ownership of the reported common stock other than to the extent of any pecuniary interest she may have therein, directly or indirectly.
Sponsor purchased 86,081 units of FTAC Emerald Acquisition Corp. (the "Issuer") in a private placement that closed in connection with the underwriter's partial exercise of its over-allotment option, for an aggregate purchase price of $860,810. Each unit consists of one share of the Issuer's Class A Common Stock, par value $0.0001, and one-half of one redeemable warrant, as described under the heading "Description of Securities - Units - Placement Units" in the Issuer's registration statement on Form S-1 (File No. 333-261254).
The Class B common stock will automatically convert into Class A common stock at the time of the Issuer's initial business combination on a one-for-one basis, subject to certain adjustments described in the Issuer's charter documents and has no expiration date.
60,598 shares of Class B common stock were forfeited by Sponsor to the Issuer for no consideration and cancelled because the underwriters for the Issuer's initial public offering partially exercised their over-allotment option.
87,594 shares of Class B common stock were forfeited by Advisors to the Issuer for no consideration and cancelled because the underwriters for the Issuer's initial public offering partially exercised their over-allotment option.