Key facts
- This page summarizes Stephen C. Smith's Form 4 filing for Seaport Global Acquisition II Corp..
- 3 reported transactions and 2 derivative rows are listed below.
- Accepted by SEC: 16 Feb 2023, 19:30.
Stephen C. Smith - 14 Feb 2023 Form 4 Insider Report for Seaport Global Acquisition II Corp.
- Reporting relationship
- Chief Executive Officer, Director, 10%+ Owner
- Issuer ticker
- N/A
- Reported as of
- 14 Feb 2023
- Net transaction value
- $0
- SEC form
- 4
- Accepted by SEC
- 16 Feb 2023, 19:30:57 UTC
- Prior SEC filing
- 17 Nov 2021
- Source filing
- View source filing
- Reporting owner signature
- By: /s/ Stephen Smith
Source evidence
Original filing metadata and source links for verification.
4 source fields
Reporting owner
1 detail
Key filing fact
Stephen C. Smith filed Form 4 for Seaport Global Acquisition II Corp. on 16 Feb 2023.
Change
- Previous filing in this sequence was filed on 17 Nov 2021.
- Current net transaction value: $0.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
SGII
transaction
Class A common stock, $0.0001 par value
Conversion of derivative security
- Transaction value
- $0
- Shares
- +3,393,750
- Change %
- Price
- $0.000000
- Shares after
- 3,393,750
- Date
- 16 Feb 2023
- Ownership
- See Footnotes
- Footnotes
- F1, F2, F3
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
SGII
transaction
Derivative
Class B Common Stock
Gift
- Transaction value
- $0
- Shares
- -200,000
- Change %
- -5.6%
- Price
- $0.000000
- Shares after
- 3,393,750
- Date
- 14 Feb 2023
- Ownership
- See Footnotes
- Underlying class
- Class A Common Stock
- Underlying amount
- 200,000
- Exercise price
- $0.000000
- Footnotes
- F1, F2, F3, F4
SGII
transaction
Derivative
Class B Common Stock
Conversion of derivative security
- Transaction value
- $0
- Shares
- -3,393,750
- Change %
- -100%
- Price
- $0.000000*
- Shares after
- 0
- Date
- 16 Feb 2023
- Ownership
- See Footnotes
- Underlying class
- Class A Common Stock
- Underlying amount
- 3,393,750
- Exercise price
- $0.000000
- Footnotes
- F1, F2, F3
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 4 footnotes
Footnote F1
As described in the Issuer's Current Report on Form 8-K filed with the Securities Exchange Commission on February 15, 2023, the Issuer's amended and restated certificate of incorporation was amended to provide that the shares of Class B common stock may be converted into shares of Class A common stock on a one-for-one basis prior to the closing of a business combination at the election of the holder. On February 14, 2023, Seaport Global SPACII, LLC (the "Sponsor") elected to convert its shares of Class B common stock into shares of Class A common stock.
Footnote F2
The Sponsor is the record holder of the shares of 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.
Footnote F3
Mr. Smith has an indirect pecuniary interest in shares of Class B common stock of the issuer through membership interests in Seaport Global SPAC II, LLC, over which Mr. Smith does not have voting or dispositive control.
Footnote F4
On February 14, 2023, the Sponsor contributed 200,000 shares of Class B Common Stock to the Issuer's IPO Trust Account, for the benefit of the public shares that were not redeemed by the public shareholders in connection with the special meeting of shareholders held on February 13, 2023.