NEULION, INC. 4
4 · NEULION, INC. · Filed Nov 20, 2015
Insider Transaction Report
Form 4
BATTISTA GABRIEL
Director
Transactions
- Other
Common Stock
2015-11-19+137,487→ 237,487 total(indirect: By Trust) - Other
Class 3 Preference Shares
2015-11-19−103,061→ 0 total(indirect: By Trust)
Holdings
- 361,125
Common Stock
Footnotes (1)
- [F1]On November 19, 2015, NeuLion, Inc. (the "Company") executed a Conversion and Settlement Agreement with the holders of its Class 3 and Class 4 Preference Shares (collectively, the "Preference Shares"), whereby these holders agreed to convert their Preference Shares for (i) shares of the Company's common stock, on a 1-to-1 basis, and (ii) aggregate consideration totaling $4,130,600 paid in the form of 8,176,210 shares of the Company's common stock (the "Additional Shares"). In the transaction, the Reporting Person received 103,061 shares of the Company's common stock pursuant to the conversion as well as 34,426 Additional Shares.