Filing Details
- Accession Number:
- 0001214659-16-010592
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2016-03-31 17:41:18
- Reporting Period:
- 2016-03-29
- Filing Date:
- 2016-03-31
- Accepted Time:
- 2016-03-31 17:41:18
- 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 | 2016-03-29 | 63,930 | $0.78 | 51,687,437 | No | 4 | P | Indirect | By spouse |
Common Stock | Acquisiton | 2016-03-29 | 1,500,000 | $0.87 | 53,187,437 | No | 4 | P | Indirect | By spouse |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | P | Indirect | By spouse |
No | 4 | P | Indirect | By spouse |
Reported Non-Derivative Holdings
Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
---|---|---|---|
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 | |
Restricted Common Stock | 750,000 | Direct |
Footnotes
- 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.
- The purchase price of each share was $0.7821, which was the 5 day volume weighted average price of NeuLion's common stock on the Toronto Stock Exchange ending March 28, 2016.
- Multiple same-way open market purchases effected on the same day within a one dollar price range are reported on this line. The figure in the price column is the weighted average purchase price for these transactions. These trades were executed on the Aequitas NEO Exchange, Alpha ATS, Nasdaq CX, Nasdaq CX2, TriAct MATCH Now, Omega ATS, Canadian Securities Exchange and the Toronto Stock Exchange, and the purchase prices were in Canadian dollars. The purchase price per share for each trade was between Cdn$1.09 and Cdn$1.16. The purchase prices were converted to US dollars by the executing broker, Merrill Lynch, at a rate of 0.7591. The reporting person undertakes to provide, upon request by the Commission staff, NeuLion, Inc., or a security holder of NeuLion, Inc., full information regarding the number of shares purchased at each separate price.
- Ms. Li is the trustee for the two trusts and her children are the beneficiaries of the trusts.
- 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. Vesting began on March 7, 2016.
- 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. Vesting began on May 18, 2015.
- 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.