Fold Holdings, Inc. — Director's Dealing 2021

Dec 22, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: FTAC Emerald Acquisition Corp. (EMLDU)
CIK: 0001889123
Period of Report: 2021-12-20

Reporting Person: COHEN BETSY Z (Director, 10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-12-20	Class A Common Stock, par value $0.0001	P	890000	—	Acquired	890000	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-12-20	Class B Common Stock, par value $0.0001	$	J	4353333	Disposed		Class A Common Stock (4353333)	Indirect
2021-12-20	Class B Common Stock, par value $0.0001	$	J	4353333	Acquired		Class A Common Stock (4353333)	Indirect

Footnotes

F1: 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.

F2: Sponsor purchased 890,000 units of FTAC Emerald Acquisition Corp. (the "Issuer") in a private placement that closed simultaneously with the Issuer's initial public offering for an aggregate purchase price of $8,900,000. 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 theheading "Description of Securities - Units - Placement Units" in the Issuer's registration statement on Form S-1 (File No. 333-261254).

F3: 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.

F4: 4,353,333 shares of Class B common stock held by Sponsor were distributed to Advisors, Sponsor's member. The Class B common stock distributed to Advisors includes up to 726,194 shares of Class B common stock that are subject to forfeiture in the event the underwriter of the Issuer's initial public offering does not exercise in full its over-allotment option.