Emerald ESG Sponsor, LLC - Jan 14, 2022 Form 4 Insider Report for FTAC Emerald Acquisition Corp. (EMLD)

Role: 10%+ Owner
Signature: /s/ Betsy Z. Cohen, Name: Betsy Z. Cohen, Title: Managing Member
Stock symbol: EMLD
Transactions as of: Jan 14, 2022
Transactions value $: $0
Form type: 4
Date filed: 1/19/2022, 04:13 PM
Previous filing: Dec 22, 2021

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		+86.1K	+9.67%		976K	Jan 14, 2022	Direct	F1

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	-60.6K	-1.37%	$0.00	4.35M	Jan 14, 2022	Class A Common Stock	60.6K		Direct	F2, F3

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

Explanation of Responses:

Id	Content
F1	The Reporting Person purchased 86,081 units of FTAC Emerald Acquisition Corp. (the "Issuer") in a private placement that closed in connection with the underwriter's partial exercise of its over-allotment option, for an aggregate purchase price of $860,810. 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 the heading "Description of Securities - Units - Placement Units" in the Issuer's registration statement on Form S-1 (File No. 333-261254).
F2	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.
F3	60,598 shares of Class B common stock were forfeited by Sponsor to the Issuer for no consideration and cancelled because the underwriters of the Issuer's initial public offering partially exercised their over-allotment.