0001179110-20-006273.txt : 20200519
0001179110-20-006273.hdr.sgml : 20200519
20200519143959
ACCESSION NUMBER: 0001179110-20-006273
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20200225
FILED AS OF DATE: 20200519
DATE AS OF CHANGE: 20200519
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: BERMAN LYLE
CENTRAL INDEX KEY: 0000903291
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-38226
FILM NUMBER: 20893162
MAIL ADDRESS:
STREET 1: 130 CHESHIRE LANE
CITY: MINNETONKA
STATE: MN
ZIP: 55350
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Allied Esports Entertainment, Inc.
CENTRAL INDEX KEY: 0001708341
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-AMUSEMENT & RECREATION SERVICES [7900]
IRS NUMBER: 821659427
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 17877 VON KARMAN AVENUE, SUITE 300
CITY: IRVINE
STATE: CA
ZIP: 92614
BUSINESS PHONE: (949) 225-2600
MAIL ADDRESS:
STREET 1: 17877 VON KARMAN AVENUE, SUITE 300
CITY: IRVINE
STATE: CA
ZIP: 92614
FORMER COMPANY:
FORMER CONFORMED NAME: Black Ridge Acquisition Corp.
DATE OF NAME CHANGE: 20170602
4
1
edgar.xml
FORM 4 -
X0306
4
2020-02-25
0
0001708341
Allied Esports Entertainment, Inc.
AESE
0000903291
BERMAN LYLE
130 CHESHIRE LANE, SUITE 101
MINNETONKA
MN
55305
1
0
0
1
Chairman
Common Stock
2020-05-15
4
J
0
1018848
1.963
A
1478182
D
Put Option (obligation to purchase)
1.963
2020-02-25
4
J
0
1018848
A
2020-02-25
2020-05-15
Common Stock
1018848
1018848
D
Put Option (obligation to purchase)
1.963
2020-05-15
4
J
0
1018848
D
2020-02-25
2020-05-15
Common Stock
1018848
0
D
On February 25, 2020, the Issuer entered into a Put Option Agreement (the "Put Option") with the reporting person, whereby the Company had the right to sell to the reporting person common stock with an aggregate value of up to $2,000,000 at $1.963 per share through April 9, 2020. On April 7, 2020, the parties amended the Put Option to extend the purchase date through May 15, 2020.
3,534 shares of which were issued to the reporting person pursuant to a restricted stock grant. Restrictions lapse on 9/20/2020.
All shares held by the Reporting Person's Revocable Trust.
On May 15, 2020, the Company sold the shares to the Reporting Person upon the exercise of the Put Option.
Exhibit 24.1 Power of Attorney filed On September 24, 2019 and incorporated herein by reference
/s/ Allison Hushek, as attorney-in-fact for Lyle Berman
2020-05-19