4//SEC Filing
Arato Alexander 4
Accession 0001214659-18-003507
CIK 0001387713other
Filed
May 8, 8:00 PM ET
Accepted
May 9, 5:44 PM ET
Size
10.3 KB
Accession
0001214659-18-003507
Insider Transaction Report
Form 4
Arato Alexander
General Counsel
Transactions
- Disposition to Issuer
Common Stock
2018-05-07$0.84/sh−25,000$21,000→ 0 total - Disposition to Issuer
Restricted Stock Units
2018-05-07−75,000→ 0 total→ Common Stock (75,000 underlying) - Disposition to Issuer
Restricted Stock Units
2018-05-07−99,462→ 0 total→ Common Stock (99,462 underlying)
Footnotes (3)
- [F1]Pursuant to the Agreement and Plan of Merger, dated as of March 26, 2018 (the "Merger Agreement"), by and among the Company, WME Entertainment Parent, LLC, a Delaware limited liability company ("Parent"), and Lion Merger Sub, Inc., a Delaware corporation and wholly owned subsidiary of Parent ("Merger Sub"), on May 7, 2018, Merger Sub merged with and into the Company, with the Company continuing as the surviving corporation and a wholly owned subsidiary of Parent (the "Merger"). Pursuant to the Merger Agreement, at the effective time of the Merger, each share of common stock, par value $0.01 per share, of the Company (each, a "Share") was canceled and converted automatically into the right to receive $0.84 per share in cash without interest and less any applicable tax withholdings.
- [F2]Each Restricted Stock Unit ("RSU") represents a contingent right to receive one Share.
- [F3]Pursuant to the Merger Agreement, each RSU outstanding immediately prior to the consummation of the Merger, whether then vested or unvested, was canceled and converted into the right to receive, without interest and less any applicable tax withholdings, $0.84 in cash.
Documents
Issuer
NEULION, INC.
CIK 0001387713
Entity typeother
Related Parties
1- filerCIK 0001684133
Filing Metadata
- Form type
- 4
- Filed
- May 8, 8:00 PM ET
- Accepted
- May 9, 5:44 PM ET
- Size
- 10.3 KB