Filing Details

Accession Number:
0001214659-15-006755
Form Type:
4
Zero Holdings:
No
Publication Time:
2015-09-24 11:59:34
Reporting Period:
2015-09-23
Filing Date:
2015-09-24
Accepted Time:
2015-09-24 11:59:34
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
Executive Vice Chairman No No No 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 2015-09-23 92,801 $0.53 36,051,660 No 4 P Indirect By spouse
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Indirect By spouse
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Class 3 Preference Shares 6,313,875 Indirect By spouse
Class 4 Preference Shares 4,035,356 Indirect By spouse
Common Stock 40,150,056 Direct
Common Stock 28,020 Indirect By trust for benefit of child
Common Stock 28,020 Indirect By trust for benefit of child.
Restricted Common Stock 750,000 Direct
Footnotes
  1. 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.
  2. Ms. Li's spouse, Charles B. Wang, the Chairman of the Board of NeuLion, purchased these shares from J. Christopher Wagner, the Executive Vice President, Marketplace Strategy, of NeuLion.
  3. The purchase price of each share was Cdn$0.70, which was the closing price of NeuLion's common stock on the Toronto Stock Exchange on September 22, 2015. The price was converted to US dollars using a rate of 0.7543, which was the closing foreign exchange rate of the Bank of Canada on September 22, 2015.
  4. Ms. Li is the trustee for the two trusts and her children are the beneficiaries of the trusts.
  5. The reporting person was granted these restricted shares subject to the terms of the Amended and Restated NeuLion, Inc. 2012 Omnibus Securities and Incentive Plan. The restricted shares vest at a rate of one-quarter of their allotted amount per year over four years.