SEC Form 4 · accession 0001214659-16-015379
NEULION, INC. · NLN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Roy E Reichbach
Officer — Chief Executive Officer · Director
Period of report
Dec 16, 2016
Accepted (ET)
Dec 20, 2016 · 10:05 am 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 |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Dec 16, 2016 | F | 27,728 | $0.88 | D | 1,511,973 | D | |
| Common Stock | holding | — | — | — | 5,000,000 | I | By Charles B. Wang Multigenerational 2012 Trust |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents closing price of CDN$1.17 on the Toronto Stock Exchange on December 16, 2016 converted to US dollars using Yahoo Finance's rate published December 16, 2016 of 1.3345. The number of shares surrendered for purposes of the related withholding tax was calculated based on the market price on the vesting date.
- F2Includes 825,000 shares of common stock issuable upon the future vesting of Restricted Stock Unit (RSU) awards. The reporting person is not entitled to receive the shares of common stock underlying the RSUs, and has no rights of a shareholder with respect thereto, prior to vesting.