Sokol Marc 4/A
4/A · NEULION, INC. · Filed Nov 19, 2010
Insider Transaction Report
Form 4/AAmended
Sokol Marc
EVP, Marketing & Business Dev.
Transactions
- Award
Restricted Common Shares
2010-11-12+2,500,000→ 2,500,000 total - Award
Stock options (right to buy)
2010-11-12+1,350,000→ 1,350,000 totalExercise: $0.42From: 2011-11-12Exp: 2015-11-12→ Common shares (1,350,000 underlying)
Footnotes (2)
- [F1]This footnote is being amended to reflect that the reporting person was granted the right, subject to his continued employment by the issuer, to receive 625,000, not 750,000, restricted common shares on each of the next four anniversaries of the date of the grant (an aggregate of 2,500,000 shares), 25% of which shall be fully tradable immediately thereafter with an additional 25% becoming tradable each successive year thereafter. No such restricted common shares have been issued to date.
- [F2]The stock options were granted on November 12, 2010 and vest in equal increments of 25% on each anniversary of the date of the grant; the first increment vests on November 12, 2011. The Expiration Date in Column 6 of Table II is being amended to reflect that the expiration date of the stock options is November 12, 2015, not November 12, 2014.