Eli Baker Form 4 Platinum Eagle Acquisition / Eli Baker ownership change

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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X

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		10% Owner
	Officer (give title below)	X	Other (specify below)
See Remarks

3. Date of Earliest Transaction (Month/Day/Year)
03/13/2019

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 Common Stock	(1)	03/13/2019		J(2)			4,068,750	(1)	(1)	Class A Common Stock	4,068,750	$0	0	D(3)
Private Placement Warrants	$11.5(4)	03/13/2019		J(2)			2,333,333	(5)	(5)	Class A Common Stock	2,333,333	$0	0	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)

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)

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)

Explanation of Responses:

1. The shares of Class B Common Stock are convertible into shares of the Issuer's Class A Common Stock as described under the heading "Description of Securities - Founder Shares" in the Issuer's registration statement on Form S-1 (File No. 333-222279) (the "Registration Statement") and have no expiration date.

2. Represents a pro rata distribution from Platinum Eagle Acquisition LLC ("Sponsor") to its members. Messrs. Sagansky and Baker are members of Sponsor.

3. The securities were held directly by Sponsor. Messrs. Sagansky and Baker are both members of Sponsor and share voting and dispositive control over the securities held by Sponsor.

4. Each Private Placement Warrant ("PPW") is exercisable to purchase one share of Class A Common Stock at $11.50 per share, subject to adjustment, as described under the heading "Description of Securities - Warrants - Private Placement Warrants" in the Registration Statement.

5. The PPWs become exercisable 30 days after the completion of the Issuer's initial business combination and expire five years after the completion of the Issuer's initial business combination or earlier upon redemption or liquidation, as described under the heading "Description of Securities - Warrants - Private Placement Warrants" in the Registration Statement.

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/ Joel Rubinstein, Attorney-in-Fact	03/14/2019
	Jeffrey Sagansky /s/ Joel Rubinstein, Attorney-in-Fact	03/14/2019
	Eli Baker /s/ Joel Rubinstein, Attorney-in-Fact	03/14/2019
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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