Stephen Smith - Oct 22, 2021 Form 4 Insider Report for Redbox Entertainment Inc. (RDBX)

Role
10%+ Owner
Signature
/s/ Stephen C. Smith
Stock symbol
RDBX
Transactions as of
Oct 22, 2021
Transactions value $
$7,718,960
Form type
4
Date filed
10/26/2021, 07:24 PM
Next filing
Oct 27, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RDBX Class A Common Stock Conversion of derivative security +3.59M 3.59M Oct 22, 2021 See footnote F1, F2
transaction RDBX Class A Common Stock Award $5.3M +530K +663.88% $10.00 610K Oct 22, 2021 See footnote F3
transaction RDBX Class A Common Stock Award $806K +79.8K +15.06% $10.10 610K Oct 22, 2021 See footnote F3
transaction RDBX Class A Common Stock Award $616K +61K $10.10 61K Oct 22, 2021 See footnote F4
transaction RDBX Class A Common Stock Award $997K +98.7K $10.10 98.7K Oct 22, 2021 See footnote F5
holding RDBX Class A Common Stock 5.31K Oct 22, 2021 See footnote F6

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 RDBX Class B Common Stock Conversion of derivative security $0 -3.59M -100% $0.00* 0 Oct 22, 2021 Class A Common Stock 3.59M See footnote F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On October 22, 2021, Seaport Global Acquisition Corp. ("SGAC") consummated its business combination with Redwood Intermediate, LLC (the "Business Combination"). As described in the registrant's registration statement on Form S-1 (File No. 333-249446) under the heading "Description of Securities-Founder Shares," Seaport Global SPAC, LLC's shares of Class B common stock were automatically convertible into shares of Class A common stock upon the closing of the Business Combination on a one-for-one basis.
F2 Seaport Global SPAC, LLC (the "Sponsor") is the record holder of the shares of Class B common stock reported herein. Seaport Global Asset Management, LLC ("SGAM") is the managing member of the Sponsor and has voting and investment discretion with respect to the common stock held of record by the Sponsor. Stephen C. Smith is the Chief Executive Officer of SGAM. SGAM is wholly-owned by Seaport Global Holdings ("SGH"), which is owned by Mr. Smith, Michael Meagher and Michael Meyer. Each of SGAM, SGH, and Messrs. Smith, Meagher and Meyer disclaim beneficial ownership of the reported securities other than to the extent of any pecuniary interest they may have therein, directly or indirectly.
F3 Armory Fund LP ("Armory") is the record holder of the shares of Class A common stock reported herein. SGAM has voting and investment discretion with respect to the common stock held of record by Armory. Stephen C. Smith is the Chief Executive Officer of SGAM. SGAM is wholly-owned by SGH, which is owned by Mr. Smith, Michael Meagher and Michael Meyer. Each of SGAM, SGH, and Messrs. Smith, Meagher and Meyer disclaim beneficial ownership of the reported securities other than to the extent of any pecuniary interest they may have therein, directly or indirectly.
F4 Seaport Global Asset Management V2 LLC ("SGAMV2") is the record holder of the shares of Class A common stock reported herein. SGAM has voting and investment discretion with respect to the common stock held of record by SGAMV2. Stephen C. Smith is the Chief Executive Officer of SGAM. SGAM is wholly-owned by SGH, which is owned by Mr. Smith, Michael Meagher and Michael Meyer. Each of SGAM, SGH, and Messrs. Smith, Meagher and Meyer disclaim beneficial ownership of the reported securities other than to the extent of any pecuniary interest they may have therein, directly or indirectly.
F5 Seaport Global Asset Management V-Port LLC ("SGAM V-PORT") is the record holder of the shares of Class A common stock reported herein. SGAM has voting and investment discretion with respect to the common stock held of record by SGAM V-PORT. Stephen C. Smith is the Chief Executive Officer of SGAM. SGAM is wholly-owned by SGH, which is owned by Mr. Smith, Michael Meagher and Michael Meyer. Each of SGAM, SGH, and Messrs. Smith, Meagher and Meyer disclaim beneficial ownership of the reported securities other than to the extent of any pecuniary interest they may have therein, directly or indirectly.
F6 AMFCO-4 LLC ("AMFCO-4") is the record holder of the shares of Class A common stock reported herein. SGAM has voting and investment discretion with respect to the common stock held of record by AMFCO-4. Stephen C. Smith is the Chief Executive Officer of SGAM. SGAM is wholly-owned by SGH, which is owned by Mr. Smith, Michael Meagher and Michael Meyer. Each of SGAM, SGH, and Messrs. Smith, Meagher and Meyer disclaim beneficial ownership of the reported securities other than to the extent of any pecuniary interest they may have therein, directly or indirectly.