SEC Form 4 · accession 0001214659-15-002210
NEULION, INC. · NLN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Nancy Li
Officer — Executive Vice Chairman · Director · 10% Owner
Period of report
Mar 10, 2015
Accepted (ET)
Mar 11, 2015 · 4:43 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001387713
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Mar 10, 2015 | M | 450,000 | $0.59 | A | 40,150,056 | D | |
| Class 3 Preference SharesF1 | holding | — | — | — | 6,313,875 | I | By spouse | |
| Class 4 Preference SharesF1 | holding | — | — | — | 4,035,356 | I | By spouse | |
| Common StockF2 | holding | — | — | — | 28,020 | I | By trust for benefit of child | |
| Common StockF1 | holding | — | — | — | 34,939,727 | I | By spouse | |
| Common StockF2 | holding | — | — | — | 28,020 | I | By trust for benefit of child |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Options (right to buy)F3 | $0.59 | Mar 10, 2015 | M | 450,000 | D | Apr 19, 2010 | Mar 19, 2015 | Common Stock | 450,000 | 0 | D |
Explanation of responses
- F1Ms. 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.
- F2Ms. Li is the trustee for the two trusts and her children are the beneficiaries of the trusts.
- F3The options vested in equal monthly increments over a 48-month period; the first increment vested on April 19, 2010.