SEC Form 4
FORM 4 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
or Section 30(h) of the Investment Company Act of 1940
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
WANG CHARLES B

(Last) (First) (Middle)
C/O NEULION, INC.
1600 OLD COUNTRY ROAD

(Street)
PLAINVIEW NY 11803

(City) (State) (Zip)
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)
3. Date of Earliest Transaction (Month/Day/Year)
06/05/2013
4. If Amendment, Date of Original Filed (Month/Day/Year)
06/12/2013
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 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 06/05/2013 P 2,841,600(1) A $0.2(2) 9,588,532(1) D
Common Stock 22,820,650(1) I By AvantaLion LLC(3)
Common Stock 128,020 I By trust for benefit of grandchild(4)
Common Stock 128,020 I By trust for benefit of grandchild(4)
Common Stock 39,216,934 I By spouse(5)
Class 3 Preference Shares 6,313,875 I By JK&B Capital V Special Opportunity Fund, L.P.(6)
Class 4 Preference Shares 4,035,356 I By JK&B Capital V Special Opportunity Fund, L.P.(6)
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 (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 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 (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (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: 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
Warrant (right to buy) $0.3 06/05/2013 P 1,420,800 06/05/2013 03/21/2015 Common Stock 1,420,800 $0.2(2) 1,420,800 D
Warrant (right to buy) $0.3 01/26/2013 03/25/2015 Common Stock 1,167,250 1,167,250 D
Explanation of Responses:
1. This amendment is being filed to correct the number of shares acquired from 2,665,100 to 2,841,600, to correct the number of shares beneficially owned immediately after the June 5, 2013 acquisition from 9,412,032 to 9,588,532, and to correct the number of shares indirectly owned by AvantaLion, LLC from 22,830,650 to 22,820,650.
2. On June 5, 2013, the stockholders of the Company approved the conversion of a loan of approximately CDN$533,100 (US$545,627.85), as evidenced by a convertible note, made to the Company by Mr. Wang, the Chairman of the Board of the Company. Automatically upon receipt of stockholder approval, all outstanding principal (in the amount of US$545,627.85) and all accrued unpaid interest (in the amount of US$22,692.14) owing on the convertible note was converted to common stock and warrants of the Company by dividing $568,319.99 (the sum of the principal and interest) by the conversion price set forth in the convertible note of US$0.20 per share of common stock. The resulting quotient of 2,841,600 is the number of shares of common stock issued, and half that amount, or 1,420,800, is the number of warrants issued.
3. AvantaLion LLC is a Delaware limited liability company controlled by Mr. Wang.
4. Mr. Wang is the trustee for the two trusts and his grandchildren are the beneficiaries of the trusts.
5. 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.
6. JK&B Capital V Special Opportunity Fund, L.P. is a limited partnership that is not controlled by Mr. Wang. Mr. Wang has a pecuniary interest in 86% of such fund.
/s/ Roy E. Reichbach, attorney-in-fact 06/12/2013
** Signature of Reporting Person 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).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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