Sec Form 4 Filing - Graf James A @ Silver Eagle Acquisition Corp. - 2013-07-29

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
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, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Graf James A
2. Issuer Name and Ticker or Trading Symbol
Silver Eagle Acquisition Corp. [ EAGL]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
CFO, VP, Treasurer & Secretary
(Last) (First) (Middle)
1450 2ND STREET, SUITE 247
3. Date of Earliest Transaction (MM/DD/YY)
07/29/2013
(Street)
SANTA MONICA, CA90401
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 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
Common Stock, par value $0.0001 per share 04/13/2013 A 503,500 A $ 0.003 503,500 I See Footnote ( 2 )
Common Stock, par value $0.0001 per share 06/18/2013 J( 6 ) 141,609 D $ 0 361,891 I See Footnote ( 2 )
Common Stock, par value $0.0001 per share 07/10/2013 S 3,525 D $ 0.003 358,366 I See Footnote ( 2 )
Common Stock, par value $0.0001 per share 07/30/2013 J( 1 ) 31,469 D $ 0 399,276 ( 3 ) I See Footnote ( 2 )
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 (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 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
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(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 of Derivative Security: 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
Private Placement Warrants $ 5.75 07/29/2013 A 755,250 ( 4 ) ( 4 ) Common Stock, par value $0.0001 per share 377,625 $ 0.5 755,250 I See Footnote ( 5 )
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Graf James A
1450 2ND STREET
SUITE 247
SANTA MONICA, CA90401
CFO, VP, Treasurer & Secretary
Signatures
/s/ Laura Rosenblum, Attorney-in-Fact 07/31/2013
Signature of Reporting Person Date
Explanation of Responses:
( 1 )31,469 shares were forfeited to the Company at no cost in connection with the partial exercise by the underwriters' of their over-allotment option, as described in the Issuer's registration statement on Form S-1 (File No.333-189498) (the "Registration Statement"). In addition, 20% of the shares held by Mr. Graf are subject to forfeiture on the fifth anniversary of the completion of the Issuer's initial business combination unless following the Issuer's initial business combination the last sales price of the Issuer's common stock equals or exceeds certain specified amounts, as described in the Registration Statement.
( 2 )These shares represent approximately 5.3% of the shares of the Issuer's common stock held by Global Eagle Acquisition LLC, the Issuer's sponsor.
( 3 )Amount beneficially owned includes 700 shares received as a result of a stock dividend by the Issuer of 0.2 shares for each outstanding share of common stock of the Issuer.
( 4 )The Private Placement Warrants were issued prior to the Issuer's initial public offering and are identical to the warrants included in the units that were sold by the Issuer in its initial public offering (the "Offering"), except for those differences described in the Issuer's registration statement on Form S-1 (File No.333-189498). I The Private Placement Warrants are exercisable beginning on the later of one year from the closing of the Offering or 30 days after the completion of the Issuer's initial business combination and will expire worthless if the Issuer does not complete an initial business combination within 21 months from the closing of the Offering, or 24 months from the closing of the Offering if the Issuer has executed a letter of intent, agreement in principle or definitive agreement for an initial business combination within 21 months from the closing of the Offering.
( 5 )These warrants represent approximately 5.3% of the Private Placement Warrants held by Global Eagle Acquisition LLC, the Issuer's sponsor.
( 6 )141,609 shares were forfeited to the Company because the size of the initial public Offering was reduced.

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