| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| holding | EMLD | Class B Common Stock, par value $0.0001 | Dec 15, 2021 | Class A Common Stock | 8.76M | footnote | F1, F2, F3 |
| Id | Content |
|---|---|
| F1 | As described in FTAC Emerald Acquisition Corp.'s (the "Issuer") registration statement on Form S-1 (File No. 333-261254), as amended (the "Registration Statement") and as described in the section entitled "Description of Securities," the Class B common stock and private placement shares will automatically convert into shares of Class A common stock upon the consummation of our initial business combination on a one-for-one basis, subject to adjustment, and have no expiration date. |
| F2 | These shares represent the Class B Common Stock held by Emerald ESG Sponsor, LLC (the "Sponsor"), acquired pursuant to a subscription agreement by and between the Sponsor and the registrant. The Class B Common Stocked owned by the Sponsor includes up to 1,133,333 shares that are subject to forfeiture in the event the underwriters of the initial public offering of the registrant's securities do not exercise their over-allotment option in full as described in the registrant's registration statement. |
| F3 | The reporting person is the managing member of Emerald ESG Sponsor, LLC LLC, a Delaware limited liability company. As such, the reporting person 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 common stock held directly by the Sponsor 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. |