Filing Details

Accession Number:
0001104659-21-152736
Form Type:
4
Zero Holdings:
No
Publication Time:
2021-12-22 17:34:34
Reporting Period:
2021-12-20
Accepted Time:
2021-12-22 17:34:34
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
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 2021-12-20 890,000 $0.00 890,000 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
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 2021-12-20 4,353,333 $0.00 4,353,333 $0.00
Class A Common Stock Class B Common Stock, par value $0.0001 Acquisiton 2021-12-20 4,353,333 $0.00 4,353,333 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
4,410,000 No 4 J Indirect
4,353,333 No 4 J Indirect
Footnotes
  1. 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.
  2. 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).
  3. 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.
  4. 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.