Eagle Equity Partners V, LLC - Feb 19, 2022 Form 4 Insider Report for Screaming Eagle Acquisition Corp. (SCRM)

Role
Director, Director by Deputization, 10%+ Owner
Signature
/s/ Daniel Nussen, Attorney-in-Fact for Eagle Equity Partners V, LLC
Stock symbol
SCRM
Transactions as of
Feb 19, 2022
Transactions value $
$0
Form type
4
Date filed
2/23/2022, 03:47 PM
Previous filing
Jan 6, 2022

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction SCRM Class B Ordinary Shares, par value $0.0001 per share Disposed to Issuer $0 -2.81M -13.04% $0.00 18.8M Feb 19, 2022 Class A Ordinary Shares 2.81M Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Class B ordinary shares, par value $0.0001 per share (the "Class B Shares") of Screaming Eagle Acquisition Corp. (the "Issuer") have no expiration date and are convertible into Class A ordinary shares, par value $0.0001 per share, of the Issuer, as described under the heading "Description of Securities" in the Issuer's registration statement on Form S-1 (File No. 333-261671).
F2 The Sponsor forfeited 2,812,500 Class B Shares to the Issuer for no consideration, which was exempted pursuant to Rule 16b-3(e) under the Securities Exchange Act of 1934, as amended, in connection with the underwriters' election not to exercise the overallotment option at the end of the 45-day option period on February 19, 2022.
F3 Eagle Equity Partners V, LLC (the "Reporting Person") is the record holder of the securities reported herein. Each of Eli Baker, Harry Sloan and Jeff Sagansky is a managing member of the managing member of the Reporting Person and no individual managing member exercises voting or dispositive control over any of the securities held by the Reporting Person. Accordingly, none of them is deemed to have or share beneficial ownership of such securities.