Filing Details
- Accession Number:
- 0001465567-13-000003
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2013-06-12 11:59:27
- Reporting Period:
- 2013-06-05
- Filing Date:
- 2013-06-12
- Accepted Time:
- 2013-06-12 11:59:27
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
1387713 | Neulion Inc. | NLN | Cable & Other Pay Television Services (4841) | 000000000 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1465567 | Nancy Li | Neulion, Inc. 1600 Old Country Road Plainview NY 11803 | Chief Executive Officer | Yes | Yes | Yes | No |
Reported Non-Derivative Transactions
Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|---|---|---|---|---|---|
Common Stock | Acquisiton | 2013-06-05 | 2,841,600 | $0.20 | 32,665,222 | No | 4 | P | Indirect | By spouse |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | P | Indirect | By spouse |
Reported Derivative Transactions
Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
---|---|---|---|---|---|---|---|
Common Stock | Warrants (right to buy) | Acquisiton | 2013-06-05 | 1,420,800 | $0.20 | 1,420,800 | $0.30 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
1,420,800 | 2013-06-05 | 2015-03-21 | No | 4 | P | Indirect |
Reported Non-Derivative Holdings
Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
---|---|---|---|
Common Stock | 39,160,894 | Direct | |
Common Stock | 28,020 | Indirect | By trust for benefit of grandchild |
Common Stock | 28,020 | Indirect | By trust for benefit of grandchild |
Class 3 Preference Shares | 6,313,875 | Indirect | By spouse |
Class 4 Preference Shares | 4,035,356 | Indirect | By spouse |
Reported Derivative Holdings
Sec. Name | Sec. Type | Price | Date | Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
---|---|---|---|---|---|---|---|
Common Stock | Warrants (right to buy) | $0.30 | 2013-01-26 | 2015-03-25 | 1,167,250 | 1,167,250 | Indirect |
Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
---|---|---|---|
2015-03-25 | 1,167,250 | 1,167,250 | Indirect |
Footnotes
- Ms. Li is the trustee for the two trusts and her grandchildren are the beneficiaries of the trusts.
- Ms. Li disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that Ms. Li is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.
- On June 5, 2013, the stockholders of the Company approved the conversion of a loan of approximately CDN$533,100 (US$545,627.85), as evidenced by a convertible note, made to the Company by Mr. Wang, the Chairman of the Board of the Company. Automatically upon receipt of stockholder approval, all outstanding principal (in the amount of US$545,627.85) and all accrued unpaid interest (in the amount of US$22,692.14) owing on the convertible note was converted to common stock and warrants of the Company by dividing $568,319.99 (the sum of the principal and interest) by the conversion price set forth in the convertible note of US$0.20 per share of common stock. The resulting quotient of 2,841,600 is the number of shares of common stock issued, and half that amount, or 1,420,800, is the number of warrants issued.