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
  1. Ms. Li is the trustee for the two trusts and her grandchildren are the beneficiaries of the trusts.
  2. 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.
  3. 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.