Form Type: 4

SEC EDGAR Link
Accession Number:0001213900-19-020487
Date:2019-10-14
Issuer: NTN BUZZTIME INC (NTN)
Original Submission Date:

Reporting Person:

ELLIN ROBERT S
C/O TRINAD CAPITAL MANAGEMENT, LLC
269 SOUTH BEVERLY DRIVE, SUITE #1450 BEVERLY HILLS, CA 90212

Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
Title of SecurityTransaction Date2a. Deemed Execution Date Transaction CodeSharesAcquired or DisposedPrice per share 5. Amount of Securities Beneficially Owned Following Reported Transaction 6. Ownership Form Direct or IndirectNature of Indirect Ownership
COMMON STOCK, $0.005 PAR VALUE 2019-10-14 P 300 a $3.66 154,263 direct
COMMON STOCK, $0.005 PAR VALUE 2019-10-14 0 $0.00 195,619 indirect f4
Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, convertible securities
Title of Derivative Security Conversion or Exercise Price of Derivative Security Transaction Date Deemed Execution Date Transaction Code Number of Derivative Securities Acquired (A) or Disposed of (D) Date ExercisableExpiration Date Title and Amount of Securities Underlying Derivative Security Price of Derivative Security Number of derivative Securities Beneficially Owned Following Reported Transaction(s) Ownership Form: Direct (D) or Indirect (I) Nature of Indirect Beneficial Ownership
Footnotes
IDfootnote
f1 the price reported is a weighted average price. these shares were purchased in multiple transactions at prices ranging from $3.60 to $3.70, inclusive. the reporting person undertakes to provide to ntn buzztime, inc. (the "issuer"), any security holder of the issuer or the staff of the u.s. securities and exchange commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote 1.
f2 represents shares of the issuer's common stock owned by trinad capital master fund, ltd. ("trinad capital"), as the reporting person, the portfolio manager of trinad capital, is deemed to have sole voting and dispositive power over such shares.
f3 each of the reporting person, trinad capital and trinad capital management, llc ("trinad management") disclaim beneficial ownership of the reported securities except for the (i) personal and direct beneficial ownership of the reporting person as reported herein, (ii) direct beneficial ownership of trinad capital as reported herein, (iii) indirect interest of trinad management by virtue of being the managing director of trinad capital, (iv) indirect interest of the reporting person by virtue of being the managing member of trinad management, (v) indirect interest of the reporting person by virtue of being a shareholder and portfolio manager of trinad capital, and (vi) reporting person's and trinad management's pecuniary interest in the securities reported herein as directly beneficially owned by trinad capital.
f4 this report shall not be deemed an admission that the reporting person and/or trinad management is the beneficial owner of these securities for purposes of section 16 of the securities exchange act of 1934, as amended, or for any other purpose.
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