Libing Wu - 13 Jul 2021 Form 4 Insider Report for Allied Esports Entertainment, Inc. (AGAE)

Role
CEO, President & Gen. Counsel, Director
Signature
/s/ David J. Polgreen, as attorney-in-fact
Issuer symbol
AGAE
Transactions as of
13 Jul 2021
Net transactions value
$0
Form type
4
Filing time
14 Jul 2021, 17:30:40 UTC
Previous filing
07 May 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AGAE Common Stock Award $0 +80,000 +160000% $0.000000 80,050 13 Jul 2021 Direct 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 +200,000 $0.000000 200,000 13 Jul 2021 Common Stock 200,000 $2.21 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 80,000 shares issued pursuant to a restricted stock grant. Restrictions lapse on 8/16/2022.
F2 50,000 shares vest on each of 7/13/2022, 7/13/2023, 7/13/2024 and 7/13/2025.

Remarks:

Exhibit 24.1 Power of Attorney filed with Form 3 on May 7, 2021 and incorporated herein by reference.