Sec Form 4 Filing - WANG CHARLES B @ NEULION, INC. - 2016-06-20

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
WANG CHARLES B
2. Issuer Name and Ticker or Trading Symbol
NEULION, INC. [ NLN]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director X __ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last) (First) (Middle)
NEULION, INC., 1600 OLD COUNTRY ROAD
3. Date of Earliest Transaction (MM/DD/YY)
06/20/2016
(Street)
PLAINVIEW, NY11803
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 06/20/2016 A 25,891 A $ 0 ( 1 ) 14,601,682 D
Common Stock 42,100,056 ( 6 ) I By spouse ( 2 )
Common Stock 22,820,650 I By AvantaLion LLC ( 3 )
Common Stock 15,534,956 I By JK&B Capital V Special Opportunity Fund, L.P. ( 4 )
Common Stock 256,040 I By trust for benefit of grandchildren ( 5 )
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
WANG CHARLES B
NEULION, INC.
1600 OLD COUNTRY ROAD
PLAINVIEW, NY11803
X X
Signatures
/s/ Roy E. Reichbach, attorney-in-fact 06/21/2016
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Semi-annual director's fee for the first half of 2016.
( 2 )Mr. 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 or for any other purpose.
( 3 )AvantaLion LLC is a Delaware limited liability company controlled by Mr. Wang.
( 4 )JK&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.
( 5 )Mr. Wang is the trustee for the two trusts and his grandchildren are the beneficiaries of the trusts.
( 6 )Includes 1,500,000 shares of common stock issuable upon the vesting of Restricted Stock Unit (RSU) awards, of which 750,000 were granted in May 2015 and 750,000 were granted in March 2016. Each of the RSU awards vest in four equal annual installments commencing on the first anniversary of the grant date.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
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