Filing Details

Accession Number:
0001179110-12-008006
Form Type:
4
Zero Holdings:
No
Publication Time:
2012-05-08 14:32:42
Reporting Period:
2012-05-08
Filing Date:
2012-05-08
Accepted Time:
2012-05-08 14:32:42
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1512077 Global Eagle Acquisition Corp. EAGL Blank Checks (6770) 000000000
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1258248 Harry Sloan 10900 Wilshire Blvd.
Suite 1500
Los Angeles CA 90024
Chairman & Ceo Yes Yes Yes No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock, Par Value $0.0001 Per Share Disposition 2012-05-08 10,000 $0.01 4,114,909 No 4 S Indirect See Footnote
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Indirect See Footnote
Footnotes
  1. Adjusted to reflect forfeiture of 248,598 shares because underwriters' over allotment option, as described in the Issuer's registration statement on Form S-1 (File No.333-172267), was not exercised in full. In addition, a portion of the shares in an amount equal to 4% of the Issuer's issued and outstanding shares immediately after its initial public offering are subject to forfeiture on the third anniversary of the closing of the Issuer's initial business combination unless following the initial business combination the last sales price of the Issuer's common stock equals or exceeds $13.00 per share for any 20 trading days within any 30-trading day period or if the Issuer consummates a subsequent liquidation, merger, stock exchange or other similar transaction that results in all of its stockholders having the right to exchange their common stock of the Issuer for cash, securities or other property in an amount which equals or exceeds $13.00 per share.
  2. Under the terms of the limited liability company agreement of Global Eagle Acquisition LLC, the Issuer's Sponsor, Harry E. Sloan and Jeff Sagansky share voting and dispositive control of the shares of the Issuer's common stock held by Global Eagle Acquisition LLC. Mr. Sloan and Mr. Sagansky disclaim beneficial ownership of these shares except to the extent of their pecuniary interest therein.