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COMCAST CORP — Director's Dealing 2020
Apr 14, 2020
29848_dirs_2020-04-13_937a849d-2054-4111-a538-27d4fbfe6f4e.zip
Director's Dealing
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SEC Form 3 — Initial Statement of Beneficial Ownership
Issuer: FaceBank Group, Inc. (FBNK)
CIK: 0001484769
Period of Report: 2020-04-01
Reporting Person: COMCAST CORP (10% Owner)
Reporting Person: Comcast Bidco Holdings Ltd (10% Owner)
Reporting Person: Comcast Bidco Ltd (10% Owner)
Reporting Person: Sky Ltd (10% Owner)
Reporting Person: Sky UK Ltd (10% Owner)
Reporting Person: Sky Ventures Ltd (10% Owner)
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Series AA Convertible Preferred Stock | $0 | Common Stock (7455772) | Indirect |
Footnotes
F1: Each share of Series AA Convertible Preferred Stock is convertible into Common Stock in connection with a bona fide transfer to a third party. Subject to such automatic conversion, the shares of Series AA Convertible Preferred Stock have no expiration date.
F2: As of April 1, 2020, based on 34,449,977 shares of common stock of the Issuer that were outstanding following the merger of fuboTV Acquisition Corp., a wholly-owned subsidiary of the Issuer, and fuboTV Inc., Comcast Corporation's holding of shares of Series AA Convertible Preferred Stock is deemed to represent a beneficial ownership more than 10% of the outstanding shares of Common Stock. However, Comcast Corporation's shares of Series AA Convertible Preferred Stock represent less than 5% of total voting power of all shares of the Issuer's Common Stock and Series AA Convertible Preferred Stock on a combined basis. The Issuer's number of shares outstanding was provided to the Reporting Persons by the Issuer after giving effect to the merger.
F3: Sky Ventures Limited is the direct holder of the shares of Series AA Convertible Preferred Stock included in this Schedule 13G. Sky Ventures Limited is a wholly owned subsidiary of Sky UK Limited, which is a wholly owned subsidiary of Sky Limited, which is a wholly owned subsidiary of Comcast Bidco Limited, which is a wholly owned subsidiary of Comcast Bidco Holdings Limited, which is a wholly owned subsidiary of Comcast Corporation.