Adam J. Pliska - Apr 9, 2021 Form 4 Insider Report for Allied Esports Entertainment, Inc. (AGAE)

Role
Director
Signature
/s/ Adam J. Pliska
Stock symbol
AGAE
Transactions as of
Apr 9, 2021
Transactions value $
$0
Form type
4
Date filed
9/14/2021, 04:54 PM
Next filing
Nov 5, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AGAE Common Stock Other +10.4K +9.66% 118K Apr 9, 2021 Direct F1, F2
transaction AGAE Common Stock Tax liability -5.76K -4.89% 112K Aug 13, 2021 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person acquired the stock in a private transfer of shares by another director of the issuer. The transfer was in settlement of a debt in the amount of $25,000.
F2 The reporting person has been advised that his acquisition of 10,373 shares reported herein at an effective value of $2.41 per share may be considered a purchase under Section 16(b) of the Securities Exchange Act of 1934 that is not exempt under applicable rules. In that event, such a purchase could be matched with the previously reported market sale of shares by the reporting person on February 10, 2021 in a market transaction at the gross sale price of $2.75 per share. The reporting person has agreed to pay to the issuer $2,677.78, representing the profit that would result from such matching, net of transaction costs.
F3 Shares forfeited to cover withholding tax obligations payable as a result of the lapse of forfeiture restrictions on shares.