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AVELLAN ABEL ANTONIO

Date Filed : Jul 28, 2016

SEC FORM 4SEC Form 4
FORM 4UNITED 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
or Section 30(h) of the Investment Company Act of 1940
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
Avellan Abel Antonio

(Last)(First)(Middle)
C/O GLOBAL EAGLE ENTERTAINMENT INC.
4553 GLENCOE AVENUE, SUITE 300

(Street)
LOS ANGELESCA90292

(City)(State)(Zip)
2. Issuer Name and Ticker or Trading Symbol
Global Eagle Entertainment Inc. [ ENT ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Pres. & Chief Strategy Officer
3. Date of Earliest Transaction (Month/Day/Year)
07/27/2016
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)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)
CodeVAmount(A) or (D)Price
Common Stock(1)(2)07/27/2016A275,000A$0.00275,000D
Common Stock07/27/2016A175,000A$0.00450,000D
Common Stock(3)07/27/2016F74,103D$8.03375,897D
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 (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)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 (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (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: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Stock Option (Right to Buy)(2)$8.0307/27/2016A450,000 (4)07/27/2023Common Stock450,000$0.00450,000D
Explanation of Responses:
1. Subject to continuous employment, these shares were granted as restricted stock units, and will vest in three equal installments with the first installment vesting on July 27, 2017.
2. Granted pursuant to Global Eagle Entertainment Inc.'s 2016 Inducement and Retention Stock Plan for EMC Employees under NASDAQ Listing Rule 5635(c)(4).
3. Reflects shares withheld to satisfy tax withholding obligations.
4. Subject to continuous employment, these stock options will vest on the following schedule: (i) with respect to one-third of the underlying shares, on July 27, 2017; and (ii) with respect to the remaining underlying shares, monthly on a pro rata basis during the following two years until fully vested.
/s/ Joel Rubinstein, Attorney-in-Fact07/28/2016
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
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