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