SEC Form 4 · accession 0001214659-15-006238
NEULION, INC. · NLN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).
Reporting owner
James Richard Hale
Director · 10% Owner
Period of report
Aug 19, 2015
Accepted (ET)
Aug 21, 2015 · 11:17 am 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 StockF2 | Aug 19, 2015 | P | 29,000 | $0.466 | A | 61,760,172 | I | By PCF 1, LLC |
| Common StockF1,F2 | Aug 20, 2015 | P | 121,500 | $0.5447 | A | 61,881,672 | I | By PCF 1, LLC |
| Common Stock | holding | — | — | — | 12,465 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Multiple 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 OTCBB, and the purchase price per share for each trade was between $0.5370 and $0.5683. 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.
- F2The Reporting Person is the managing member of Parallax Holdings, LLC, which is the general partner of Parallax Capital, L.P., which is the general partner of Parallax Capital Fund, L.P., which is a limited liability company member of PCF 1, LLC. The Reporting Person may be deemed to be the indirect beneficial owner of the reported securities by virtue of his indirect control of PCF 1, LLC. The Reporting Person disclaims beneficial ownership of the reported securities to the extent such beneficial ownership exceeds his pecuniary interests therein.