Form 4 for FBYD Falcon's Beyond Global, Inc.
Accepted 2024-05-13 00:00:00 ET · period of report 2024-05-10 · accession 0001213900-24-042343 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| M | 2024-05-13 | 2024-05-10 | FBYD | Schreiber Garrett | 10% | J - Other | — | -75.0K | 3.07M | -2% | — |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Class A Common Stock | 2024-05-10 | J | D | 187,500 | — | 3,066,544 | D | — | — | (F4) The number of Earnout Shares issuable pursuant to the earn-out right was determined on October 6, 2023, pursuant to a formula set forth in an earnout escrow agreement entered by and among the Issuer, the Reporting Person and other parties thereto (the "Earnout Escrow Agreement"). The market price of the Issuer's Class A Common Stock was $17.40 on the date the Earnout Escrow Agreement was effective. (F3) Includes beneficial ownership of 862,500 shares of Class A Common Stock (the "Earnout Shares") held in escrow pending the achievement of certain earnout targets. The Reporting Person holds voting rights with respect to the escrowed Earnout Shares but has entered into a stockholder agreement with the Issuer pursuant to which the Reporting Person agreed to vote or cause to be voted all such Earnout Shares held for the Reporting Person's benefit in escrow for or against, to be not voted, or to abstain, in the same proportion as the shares held by the holders of the Issuer's common stock as a whole are voted for or against, not voted, or abstained on any matter. (F5) The Reporting Person is the record holder of the securities reported herein. FAST Sponsor II Manager LLC ("Manager") is the manager of the Reporting Person and has voting and investment discretion with the respect to the common stock held of record by the Reporting Person. Garrett Schreiber is the sole member of Manager and has voting and investment discretion with respect to the securities held of record by the Reporting Person. Mr. Schreiber disclaims any beneficial ownership of the securities held by the Reporting Person, except to the extent of his pecuniary interest therein. |
| 2 | Common | Class A Common Stock | 2024-05-10 | J | A | 112,500 | — | 3,066,544 | D | — | — | (F4) The number of Earnout Shares issuable pursuant to the earn-out right was determined on October 6, 2023, pursuant to a formula set forth in an earnout escrow agreement entered by and among the Issuer, the Reporting Person and other parties thereto (the "Earnout Escrow Agreement"). The market price of the Issuer's Class A Common Stock was $17.40 on the date the Earnout Escrow Agreement was effective. (F3) Includes beneficial ownership of 862,500 shares of Class A Common Stock (the "Earnout Shares") held in escrow pending the achievement of certain earnout targets. The Reporting Person holds voting rights with respect to the escrowed Earnout Shares but has entered into a stockholder agreement with the Issuer pursuant to which the Reporting Person agreed to vote or cause to be voted all such Earnout Shares held for the Reporting Person's benefit in escrow for or against, to be not voted, or to abstain, in the same proportion as the shares held by the holders of the Issuer's common stock as a whole are voted for or against, not voted, or abstained on any matter. (F5) The Reporting Person is the record holder of the securities reported herein. FAST Sponsor II Manager LLC ("Manager") is the manager of the Reporting Person and has voting and investment discretion with the respect to the common stock held of record by the Reporting Person. Garrett Schreiber is the sole member of Manager and has voting and investment discretion with respect to the securities held of record by the Reporting Person. Mr. Schreiber disclaims any beneficial ownership of the securities held by the Reporting Person, except to the extent of his pecuniary interest therein. |