Yangyang LI - May 6, 2021 Form 4 Insider Report for Allied Esports Entertainment, Inc. (AGAE)

Signature
/s/ David Polgreen, Attorney-in-Fact
Stock symbol
AGAE
Transactions as of
May 6, 2021
Transactions value $
$0
Form type
4
Date filed
5/7/2021, 05:19 PM
Next filing
Feb 26, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding AGAE Common Stock 0 May 6, 2021 Direct
holding AGAE Common Stock 12M May 6, 2021 Held by Primo Vital Limited F1

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 F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 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 with Form 3 on April 9, 2021 and incorporated herein by reference.