SEARCHLIGHT II TBO-W, L.P. purchased 257.5% of their position (5M shares) of GLOBAL EAGLE ENTERTAINMENT INC. on the open market
Open‑market purchase worth $1.50M — a major conviction buy. The strongest form of insider conviction signal.
P · 1 purchase
Filed: 6/7/2019ACC: 0000950142-19-001304
10% OwnerOther
Since May 2019
+5M
Net shares
Net buyer
$1.50M
Total acquired
1
Open market trades
1B · 0S
1
Total transactions
5M acquired
Non-Derivative Transactions1
Common Stock, par value $0.0001 per share
Direct
Shares
+5M
Price / share
$0.30
Trade value
$1.50M
% of position
257.5%
6/5/2019
1.94M→6.94M
Total
Net shares
+5M
Net value
$1.50M
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock, par value $0.0001 per share Direct | 6/5/2019 | P · Purchase | +5M | $0.30 | $1.50M | 257.5% | 1.94M | 6.94M |
| Total | +5M | $1.50M | ||||||
Derivative Transactions0
No derivative transactions reported