Betsy Z. Cohen - 20 Dec 2021 Form 4 Insider Report for FTAC Emerald Acquisition Corp. (FLD)

Role: Director, 10%+ Owner
Signature: /s/ Betsy Cohen
Issuer symbol: FLD
Transactions as of: 20 Dec 2021
Net transactions value: $0
Form type: 4
Filing time: 22 Dec 2021, 16:34:34 UTC
Previous filing: 15 Dec 2021
Next filing: 19 Jan 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	EMLD	Class A Common Stock, par value $0.0001	Purchase		+890,000			890,000	20 Dec 2021	By Emerald ESG Sponsor, LLC	F1, F2, F3

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	EMLD	Class B Common Stock, par value $0.0001	Other	$0	-4,353,333	-50%	$0.000000	4,410,000	20 Dec 2021	Class A Common Stock	4,353,333		By Emerald ESG Sponsor, LLC	F1, F3, F4
transaction	EMLD	Class B Common Stock, par value $0.0001	Other	$0	+4,353,333		$0.000000	4,353,333	20 Dec 2021	Class A Common Stock	4,353,333		By Emerald ESG Advisors, LLC	F1, F3, F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
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.