Thomas James Segrave Jr. - 27 Dec 2023 Form 4 Insider Report for FLYEXCLUSIVE INC. (FLYX)

Signature
/s/ Donald R. Reynolds, Attorney-in-Fact for Thomas James Segrave, Jr.
Issuer symbol
FLYX
Transactions as of
27 Dec 2023
Net transactions value
$0
Form type
4
Filing time
08 Jan 2024, 16:54:11 UTC
Next filing
13 Nov 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FLYX Class B Common Stock Award +57,530,000 57,530,000 27 Dec 2023 Direct F1
transaction FLYX Class B Common Stock Award +600,000 600,000 27 Dec 2023 By UTMA on behalf of minor child F1, F2
transaction FLYX Class B Common Stock Award +600,000 600,000 27 Dec 2023 By UTMA on behalf of minor child F1, F2
transaction FLYX Class B Common Stock Award +600,000 600,000 27 Dec 2023 By UTMA on behalf of minor child F1, F2
transaction FLYX Class B Common Stock Award +600,000 600,000 27 Dec 2023 By UTMA on behalf of minor child F1, F2

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 FLYX Common Units Award -57,530,000 -50% 57,530,000 27 Dec 2023 Class A Common Stock 57,530,000 Direct F1, F3
transaction FLYX Common Units Award +600,000 600,000 27 Dec 2023 Class A Common Stock 600,000 By UTMA on behalf of minor child F1, F2, F3
transaction FLYX Common Units Award +600,000 600,000 27 Dec 2023 Class A Common Stock 600,000 By UTMA on behalf of minor child F1, F2, F3
transaction FLYX Common Units Award +600,000 600,000 27 Dec 2023 Class A Common Stock 600,000 By UTMA on behalf of minor child F1, F2, F3
transaction FLYX Common Units Award +600,000 600,000 27 Dec 2023 Class A Common Stock 600,000 By UTMA on behalf of minor child F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 In connection with the closing of the business combination between EQ Acquisition Corp. and LGM Enterprise, LLC ("LGM") on December 27, 2023, each existing common unit previously issued by LGM was reclassified and reissued by LGM into new Common Units on a 1-to-1 basis. In addition, each equityholder of Common Units received an equivalent number of Class B Common Stock of the Issuer.
F2 These securities are held for the Reporting Person's child through a custodial account established pursuant to the Uniform Transfer to Minor Act for which the Reporting Person is custodian. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, if any, and the filing of this report is not an admission that the Reporting Person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.
F3 Each Common Unit of LGM may be redeemed at any time on or after December 27, 2024 for one share of the Issuer's Class A Common Stock and the Common Units do not expire.