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FLYEXCLUSIVE INC. — Director's Dealing 2021
Jul 14, 2021
33092_dirs_2021-07-13_a1962b46-840f-4da4-90a9-d946d62daf24.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: EG Acquisition Corp. (EGGFU)
CIK: 0001843973
Period of Report: 2021-07-09
Reporting Person: EG Sponsor LLC (10% Owner)
Reporting Person: EnTrust Global Management GP LLC (10% Owner)
Reporting Person: GH Onshore GP LLC (10% Owner)
Reporting Person: Hymowitz Gregg (Director, Chief Executive Officer, 10% Owner)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-07-09 | Class B common stock | $ | J | 843750 | Disposed | Class A common stock (5625000) | Direct |
Footnotes
F1: As described in the issuer's registration statement on Form S-1 (File No. 333-255046) under the heading "Description of Securities - Founder Shares," Class B common stock of the issuer, par value $0.0001 per share ("Class B Common Stock"), will automatically convert into Class A common stock of the issuer, par value $0.0001 per share, at the time of the issuer's initial business combination, on a one-for-one basis, subject to certain adjustment, and have no expiration date.
F2: Forfeiture to the issuer for no consideration because the underwriter for the issuer's initial public offering did not exercise the over-allotment option.
F3: Class B Common Stock held directly by EG Sponsor LLC, the reporting person (the "Sponsor"). EnTrust Global Management GP LLC (the "Manager") is the manager of the Sponsor, and as such, has voting and investment discretion with respect to the common stock held of record by the Sponsor and may be deemed to have shared beneficial ownership of the ordinary shares held directly by the Sponsor. Gregg Hymowitz is the sole and managing member of GH Onshore GP LLC, which is the sole and managing member of the Manager, and as a result, may be deemed to have shared beneficial ownership (along with the Manager, GH Onshore GP LLC and the Sponsor) of the common stock held by the Sponsor. Each of the Manager, GH Onshore GP LLC and Gregg Hymowitz disclaims beneficial ownership of such securities except to the extent of its or his pecuniary interest therein.
F4: (continued from footnote 3) Gregg Hymowitz also serves as a director and Chief Executive Officer of the issuer. Each of the issuer's officers and directors may hold a direct or indirect interest in the Sponsor. An affiliate of GMF Capital has an approximately 50% membership interest in the Sponsor. Each such person disclaims any beneficial ownership of the reported shares other than to the extent of any pecuniary interest they may have therein, directly or indirectly.