SEC Form 4 · accession 0001214659-16-010194
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 7, 2016
Accepted (ET)
Mar 9, 2016 · 3:25 pm EST
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 |
|---|---|---|---|---|---|---|---|---|
| Restricted Common StockF1 | Mar 7, 2016 | A | 750,000 | $0.00 | A | 750,000 | D | |
| Common StockF2 | holding | — | — | — | 51,623,507 | I | By spouse | |
| Common Stock | holding | — | — | — | 40,150,056 | D | ||
| Common StockF3 | holding | — | — | — | 28,020 | I | By trust for benefit of child | |
| Common StockF3 | holding | — | — | — | 28,020 | I | By trust for benefit of child | |
| Restricted Common StockF4 | holding | — | — | — | 750,000 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The 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.
- F2Ms. 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.
- F3Ms. Li is the trustee for the two trusts and her children are the beneficiaries of the trusts.
- F4The 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.