Sec Form 3 Filing - FourWorld Capital Management LLC @ ODYSSEY MARINE EXPLORATION INC - 2021-03-17

Insider filing report for Changes in Beneficial Ownership
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FORM 3
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
FourWorld Capital Management LLC
2. Issuer Name and Ticker or Trading Symbol
ODYSSEY MARINE EXPLORATION INC [ OMEX]
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)
7 WORLD TRADE CENTER, FL. 46,
3. Date of Earliest Transaction (MM/DD/YY)
03/17/2021
(Street)
NEW YORK, NY10007
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
_____ Form filed by One Reporting Person
__ X __ 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 $.0001 per share 905,399 I See Footnote ( 1 )
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
Warrants to Purchase Common Stock $ 4.75 02/25/2021( 2 ) 02/25/2024 Common Stock 323,273 I See Footnote ( 1 )
Warrants to Purchase Common Stock $ 4.75 02/25/2021( 2 ) 02/25/2024 Common Stock 64,655 I See Footnote ( 1 )
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
FourWorld Capital Management LLC
7 WORLD TRADE CENTER, FL. 46
NEW YORK, NY10007
X
Addis John
C/O FOURWORLD CAPITAL MANAGEMEN LLC
7 WORLD TRADE CENTER, FL. 46
NEW YORK, NY10007
X
Signatures
FourWorld Capital Management LLC By: John Addis, Managing Member 03/22/2021
Signature of Reporting Person Date
By: /s/ John Addis 03/22/2021
Signature of Reporting Person Date
Explanation of Responses:
( 1 )The reported securities are directly owned by investment advisory clients of FourWorld Capital Management LLC (the "Investment Manager"), and may be deemed to be indirectly beneficially owned by: (i) the Investment Manager as the investment manager of such clients, and (ii) John Addis as the managing member of the Investment Manager. The Investment Manager and Mr. Addis disclaim beneficial ownership of the reported securities except to the extent of their respective pecuniary interests therein, and this report shall not be deemed an admission that either of them are the beneficial owners of the securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.
( 2 )These warrants are currently exercisable, subject to a blocker provision that prevents each of the Reporting Persons from exercising the warrants if they would be more than a 19.9% beneficial owner of the outstanding shares of the Issuer's common stock immediately following such exercise. The foregoing description of the warrants does not purport to be complete and is subject to and qualified in its entirety by reference to the Form of Warrant to Purchase Common Stock included as Exhibit 4.1 of the Issuer's 8-K filed on August 25, 2020, which is incorporated by reference.

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* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
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