Lucadamo Gino P bought FBYD
September 8, 2025 · Form 4 insider transaction
Lucadamo Gino P bought 307,627 shares of Falcon's Beyond Global, Inc. at $5.00 per share, a transaction worth $1.54M. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 23 days after the transaction.
Footnotes
Pursuant to the terms of the Issuer's 11% Series B Cumulative Convertible Preferred Stock, par value $0.0001 per share (the "Series B Preferred Stock"), starting on September 8, 2028, if at any time the volume weighted average sale price of the Issuer's Class A Common Stock equals or exceeds $10.00 per share (as adjusted to reflect any stock splits, reverse stock splits, stock dividends, extraordinary cash dividends, reorganization or similar transaction) for at least 21 out of 30 consecutive trading days, the Series B Preferred Stock will automatically convert into shares of the Issuer's Class A Common Stock at the then effective conversion rate. The initial conversion rate is one-to-one. The Series B Preferred Stock is not convertible by the holder and does not expire.; This amount includes 400,000 shares of Series B Preferred Stock distributed to the Reporting Person as a pro rata distribution from Infinite Acquisitions Partners LLC, of which the reporting person is a non-managing member. The acquisition of such shares was exempt under Rule 16a-13 under the Exchange Act.