Sec Form 4 Filing - Smith Stephen C @ Redbox Entertainment Inc. - 2021-10-22

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
Smith Stephen C
2. Issuer Name and Ticker or Trading Symbol
Redbox Entertainment Inc. [ RDBX]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director X __ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last) (First) (Middle)
C/O SEAPORT GLOBAL ASSET MANAGEMENT, 360 MADISON AVENUE, 20TH FLOOR
3. Date of Earliest Transaction (MM/DD/YY)
10/22/2021
(Street)
NEW YORK, NY10017
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
Class A Common Stock 10/22/2021 C 3,593,750 ( 2 ) A 3,593,750 I See footnote ( 2 )
Class A Common Stock 10/22/2021 A 530,000 ( 3 ) A $ 10 609,834 I See footnote ( 3 )
Class A Common Stock 10/22/2021 A 79,834 ( 3 ) A $ 10.1 609,834 I See footnote ( 3 )
Class A Common Stock 10/22/2021 A 60,994 ( 4 ) A $ 10.1 60,994 I See footnote ( 4 )
Class A Common Stock 10/22/2021 A 98,673 ( 5 ) A $ 10.1 98,673 I See footnote ( 5 )
Class A Common Stock 5,314 I See footnote ( 6 )
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
Class B Common Stock ( 1 ) 10/22/2021 C 3,593,750 ( 1 ) ( 1 ) Class A Common Stock 3,593,750 $ 0 0 I See footnote ( 2 )
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Smith Stephen C
C/O SEAPORT GLOBAL ASSET MANAGEMENT
360 MADISON AVENUE, 20TH FLOOR
NEW YORK, NY10017
X
Signatures
/s/ Stephen C. Smith 10/26/2021
Signature of Reporting Person Date
Explanation of Responses:
( 1 )On October 22, 2021, Seaport Global Acquisition Corp. ("SGAC") consummated its business combination with Redwood Intermediate, LLC (the "Business Combination"). As described in the registrant's registration statement on Form S-1 (File No. 333-249446) under the heading "Description of Securities-Founder Shares," Seaport Global SPAC, LLC's shares of Class B common stock were automatically convertible into shares of Class A common stock upon the closing of the Business Combination on a one-for-one basis.
( 2 )Seaport Global SPAC, LLC (the "Sponsor") is the record holder of the shares of Class B common stock reported herein. Seaport Global Asset Management, LLC ("SGAM") is the managing member of the Sponsor and has voting and investment discretion with respect to the common stock held of record by the Sponsor. Stephen C. Smith is the Chief Executive Officer of SGAM. SGAM is wholly-owned by Seaport Global Holdings ("SGH"), which is owned by Mr. Smith, Michael Meagher and Michael Meyer. Each of SGAM, SGH, and Messrs. Smith, Meagher and Meyer disclaim beneficial ownership of the reported securities other than to the extent of any pecuniary interest they may have therein, directly or indirectly.
( 3 )Armory Fund LP ("Armory") is the record holder of the shares of Class A common stock reported herein. SGAM has voting and investment discretion with respect to the common stock held of record by Armory. Stephen C. Smith is the Chief Executive Officer of SGAM. SGAM is wholly-owned by SGH, which is owned by Mr. Smith, Michael Meagher and Michael Meyer. Each of SGAM, SGH, and Messrs. Smith, Meagher and Meyer disclaim beneficial ownership of the reported securities other than to the extent of any pecuniary interest they may have therein, directly or indirectly.
( 4 )Seaport Global Asset Management V2 LLC ("SGAMV2") is the record holder of the shares of Class A common stock reported herein. SGAM has voting and investment discretion with respect to the common stock held of record by SGAMV2. Stephen C. Smith is the Chief Executive Officer of SGAM. SGAM is wholly-owned by SGH, which is owned by Mr. Smith, Michael Meagher and Michael Meyer. Each of SGAM, SGH, and Messrs. Smith, Meagher and Meyer disclaim beneficial ownership of the reported securities other than to the extent of any pecuniary interest they may have therein, directly or indirectly.
( 5 )Seaport Global Asset Management V-Port LLC ("SGAM V-PORT") is the record holder of the shares of Class A common stock reported herein. SGAM has voting and investment discretion with respect to the common stock held of record by SGAM V-PORT. Stephen C. Smith is the Chief Executive Officer of SGAM. SGAM is wholly-owned by SGH, which is owned by Mr. Smith, Michael Meagher and Michael Meyer. Each of SGAM, SGH, and Messrs. Smith, Meagher and Meyer disclaim beneficial ownership of the reported securities other than to the extent of any pecuniary interest they may have therein, directly or indirectly.
( 6 )AMFCO-4 LLC ("AMFCO-4") is the record holder of the shares of Class A common stock reported herein. SGAM has voting and investment discretion with respect to the common stock held of record by AMFCO-4. Stephen C. Smith is the Chief Executive Officer of SGAM. SGAM is wholly-owned by SGH, which is owned by Mr. Smith, Michael Meagher and Michael Meyer. Each of SGAM, SGH, and Messrs. Smith, Meagher and Meyer disclaim beneficial ownership of the reported securities other than to the extent of any pecuniary interest they may have therein, directly or indirectly.

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