SEC Form 4 · accession 0001214659-17-004124
NEULION, INC. · NLN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Charles Wang
Director · 10% Owner
Period of report
Jun 20, 2017
Accepted (ET)
Jun 22, 2017 · 3:25 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 StockF1 | Jun 20, 2017 | A | 57,189 | $0.00 | A | 14,675,432 | D | |
| Common StockF6,F2 | holding | — | — | — | 42,100,056 | I | By spouse | |
| Common StockF3 | holding | — | — | — | 22,820,650 | I | By AvantaLion LLC | |
| Common StockF4 | holding | — | — | — | 15,534,956 | I | By JK&B Capital V Special Opportunity Fund, L.P. | |
| Common StockF5 | holding | — | — | — | 256,040 | I | By trust for benefit of grandchildren |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Semi-annual director's fee for the first half of 2017.
- F2Mr. Wang disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that Mr. Wang is the beneficial owner of such securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.
- F3AvantaLion LLC is a Delaware limited liability company controlled by Mr. Wang.
- F4JK&B Capital V Special Opportunity Fund, L.P. is a limited partnership that is not controlled by Mr. Wang, who has a pecuniary interest of 85% in such fund.
- F5Mr. Wang is the trustee for each of two trusts, and his grandchildren are the beneficiaries of the trusts.
- F6Includes 937,500 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.
Remarks
Exhibit 24 - Power of Attorney