Yangyang LI - Feb 22, 2024 Form 4 Insider Report for Allied Gaming & Entertainment Inc. (AGAE)

Role
Director
Signature
/s/ Roy L. Anderson, as attorney-in-fact
Stock symbol
AGAE
Transactions as of
Feb 22, 2024
Transactions value $
$0
Form type
4
Date filed
2/26/2024, 05:18 PM
Previous filing
May 7, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AGAE Common Stock, par value $0.0001 per share Award $0 +30K $0.00 30K Feb 22, 2024 Direct F1, F2
holding AGAE Common Stock, par value $0.0001 per share 12M Feb 22, 2024 Held by Primo Vital Limited F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction AGAE Stock Options (right to buy) Award $0 +40K $0.00 40K May 6, 2021 Common Stock 40K $2.48 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Consists of a grant of restricted stock units ("RSU"). Each RSU represents the right to receive one share of common stock, par value $0.0001 per share, of the Issuer (the "Common Stock"). The RSUs shall vest: (i) twenty-five percent (25%) immediately upon granting and (ii) the remaining shares shall vest in three (3) equal successive installments upon the Reporting Person's completion of each six (6) month period of service over the eighteen (18) month period measured from the date of grant.
F2 Includes 22,500 shares of the Issuer's Common Stock subject to RSUs granted on February 22, 2024.
F3 Primo Vital Limited ("Primo") is a wholly owned subsidiary of Ourgame International Holdings, Ltd. The Reporting Person is the Chairman of Ourgame International Holdings, Ltd. The Reporting Person may exercise voting and dispositive power over the shares beneficially owned by Primo, and disclaims any beneficial ownership in such shares except to the extent of his pecuniary interest.
F4 10,000 shares vest on each of 5/6/2022, 5/6/2023, 5/6/2024, and 5/6/2025.

Remarks:

Exhibit 24.1 Power of Attorney filed herewith.