Key facts
- This page summarizes EG Sponsor LLC's Form 4 filing for EG Acquisition Corp. (FLYX).
- 1 reported transaction and 1 derivative row are listed below.
- Accepted by SEC: 13 Jul 2021, 20:13.
EG Sponsor LLC - 09 Jul 2021 Form 4 Insider Report for EG Acquisition Corp. (FLYX)
- Reporting relationship
- 10%+ Owner
- Issuer ticker
- FLYX
- Reported as of
- 09 Jul 2021
- Net transaction value
- $0
- SEC form
- 4
- Accepted by SEC
- 13 Jul 2021, 20:13:23 UTC
- Prior SEC filing
- 02 Jun 2021
- Source filing
- View source filing
- Reporting owner signature
- EG Sponsor LLC; By: /s/ Gregg S. Hymowitz
Source evidence
Original filing metadata and source links for verification.
4 source fields
Reporting owner
1 detail
Key filing fact
EG Sponsor LLC filed Form 4 for EG Acquisition Corp. (FLYX) on 13 Jul 2021.
Change
- Previous filing in this sequence was filed on 02 Jun 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 derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
EGGF
transaction
Derivative
Class B common stock
Other
- Transaction value
- $0
- Shares
- -843,750
- Change %
- -13%
- Price
- $0.000000
- Shares after
- 5,625,000
- Date
- 09 Jul 2021
- Ownership
- Direct
- Underlying class
- Class A common stock
- Underlying amount
- 5,625,000
- Exercise price
- Footnotes
- F1, F2, F3, F4
* 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 registration statement on Form S-1 (File No. 333-255046) under the heading "Description of Securities - Founder Shares," Class B common stock of the issuer, par value $0.0001 per share ("Class B Common Stock"), will automatically convert into Class A common stock of the issuer, par value $0.0001 per share, at the time of the issuer's initial business combination, on a one-for-one basis, subject to certain adjustment, and have no expiration date.
Footnote F2
Forfeiture to the issuer for no consideration because the underwriter for the issuer's initial public offering did not exercise the over-allotment option.
Footnote F3
Class B Common Stock held directly by EG Sponsor LLC, the reporting person (the "Sponsor"). EnTrust Global Management GP LLC (the "Manager") is the manager of the Sponsor, and as such, 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 ordinary shares held directly by the Sponsor. Gregg Hymowitz is the sole and managing member of GH Onshore GP LLC, which is the sole and managing member of the Manager, and as a result, may be deemed to have shared beneficial ownership (along with the Manager, GH Onshore GP LLC and the Sponsor) of the common stock held by the Sponsor. Each of the Manager, GH Onshore GP LLC and Gregg Hymowitz disclaims beneficial ownership of such securities except to the extent of its or his pecuniary interest therein.
Footnote F4
(continued from footnote 3) Gregg Hymowitz also serves as a director and Chief Executive Officer of the issuer. Each of the issuer's officers and directors may hold a direct or indirect interest in the Sponsor. An affiliate of GMF Capital has an approximately 50% membership interest in the Sponsor. Each such person disclaims any beneficial ownership of the reported shares other than to the extent of any pecuniary interest they may have therein, directly or indirectly.
SEC remarks
See Exhibit 99.1 - Joint Filer Information, which is incorporated herein by reference and describes in further detail the relationships of the reporting persons to the issuer. See Exhibit 99.2 - Power of Attorney for EG Sponsor LLC See Exhibit 99.3 - Power of Attorney for EnTrust Global Management GP LLC See Exhibit 99.4 - Power of Attorney for GH Onshore GP LLC See Exhibit 99.5 Power of Attorney for Gregg Hymowitz.