SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
Platinum Eagle Acquisition LLC

(Last) (First) (Middle)
C/O PLATINUM EAGLE ACQUISITION CORP.
2121 AVENUE OF THE STARS, SUITE 2300

(Street)
LOS ANGELES CA 90067

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Platinum Eagle Acquisition Corp. [ EAGL ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director X 10% Owner
Officer (give title below) X Other (specify below)
See Remarks
3. Date of Earliest Transaction (Month/Day/Year)
01/16/2018
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
Form filed by One Reporting Person
X Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Class B Ordinary Shares (1) 01/16/2018 D 255,000 (1) (1) Class A Ordinary Shares 255,000(1) $0(2) 4,143,750(1) D(3)
Private Placement Warrants $11.5(4) 01/17/2018 A 2,333,333 (5) (6) Class A Ordinary Shares 2,333,333 $1.5 2,333,333 D(3)
1. Name and Address of Reporting Person*
Platinum Eagle Acquisition LLC

(Last) (First) (Middle)
C/O PLATINUM EAGLE ACQUISITION CORP.
2121 AVENUE OF THE STARS, SUITE 2300

(Street)
LOS ANGELES CA 90067

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
X Director X 10% Owner
Officer (give title below) X Other (specify below)
See Remarks
1. Name and Address of Reporting Person*
SAGANSKY JEFFREY

(Last) (First) (Middle)
C/O PLATINUM EAGLE ACQUISITION CORP.
2121 AVENUE OF THE STARS, SUITE 2300

(Street)
LOS ANGELES CA 90067

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
X Director X 10% Owner
X Officer (give title below) Other (specify below)
Chief Executive Officer
1. Name and Address of Reporting Person*
Baker Eli

(Last) (First) (Middle)
C/O PLATINUM EAGLE ACQUISITION CORP.
2121 AVENUE OF THE STARS, SUITE 2300

(Street)
LOS ANGELES CA 90067

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
X Officer (give title below) Other (specify below)
President, CFO and Secretary
Explanation of Responses:
1. The Class B Ordinary Shares are convertible for the Issuer's Class A Ordinary Shares as described under the heading "Description of Securities-Founder Shares" in the Issuer's registration statement on Form S-1 (File No. 333-222279) and have no expiration date.
2. In connection with the Issuer's initial public offering, Platinum Eagle Acquisition LLC ("Sponsor") forfeited 255,000 Class B Ordinary Shares to the Issuer.
3. The securities are held directly by the Sponsor. Jeffrey Sagansky and Eli Baker are both members of Sponsor and share voting and dispositive control over the securities held by Sponsor. Accordingly, Jeffrey Sagansky and Eli Baker may be deemed to share beneficial ownership over the securities held directly by Sponsor. Each of the Reporting Persons disclaims beneficial ownership of such securities except to the extent of its or his pecuniary interest therein, and this Report shall not be deemed an admission that the Reporting Persons are the beneficial owners of the securities for purposes of Section 16 or for any other purpose.
4. Each Private Placement Warrant ("PPW") is exercisable to purchase one Class A ordinary share at $11.50 per share, subject to adjustment as described under the headings "Description of Securities--Warrants--Private Placement Warrants" and "Description of Securities--Warrants--Private Placement Warrants" in the Issuer's registration statement on Form S-1 (File No. 333-222279).
5. The PPWs become exercisable beginning on the later of January 17, 2019 or 30 days after the completion of the Issuer's initial business combination as described under the headings "Description of Securities--Warrants--Private Placement Warrants" and "Description of Securities--Warrants--Private Placement Warrants" in the Issuer's registration statement on Form S-1 (File No. 333-222279).
6. The PPWs will expire five years after the completion of the Issuer's initial business combination or earlier upon redemption or liquidation as described under the headings "Description of Securities--Warrants--Private Placement Warrants" and "Description of Securities--Warrants--Private Placement Warrants" in the Issuer's registration statement on Form S-1 (File No. 333-222279).
Remarks:
Sponsor may be deemed a director by deputization as a result of Jeffrey Sagansky, a member of Sponsor, serving on the board of directors of the Issuer.
Platinum Eagle Acquisition LLC /s/ Sarah Ross, Attorney-in-Fact 01/18/2018
Jeffrey Sagansky /s/ Sarah Ross, Attorney-in-Fact 01/18/2018
Eli Baker /s/ Sarah Ross, Attorney-in-Fact 01/18/2018
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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