James J. Dolan - Mar 16, 2022 Form 4 Insider Report for Hall of Fame Resort & Entertainment Co (HOFV)

Role
Director
Signature
Tara Charnes, Attorney-in-Fact
Stock symbol
HOFV
Transactions as of
Mar 16, 2022
Transactions value $
$61,200
Form type
4
Date filed
3/18/2022, 09:56 PM
Previous filing
Dec 21, 2021
Next filing
Jun 2, 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HOFV Common Stock Purchase $40.4K +40K +17.2% $1.01* 273K Mar 16, 2022 Direct F1
transaction HOFV Common Stock Purchase $20.8K +20K $1.04* 20K Mar 16, 2022 By spouse
holding HOFV Common Stock 540K Mar 16, 2022 Gordon Pointe Management LLC

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
holding HOFV Warrants 60K Mar 16, 2022 Common Stock 60K $1.40 Direct
holding HOFV Convertible Notes due 2025 $500K Mar 16, 2022 Common Stock 72.5K $6.90 By Gordon Pointe Management LLC
holding HOFV Warrants 985K Mar 16, 2022 Common Stock $11.50 Direct F2, F3
holding HOFV Warrants 462K Mar 16, 2022 Common Stock $11.50 By Gordon Pointe Management LLC F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1.01 to $1.02, inclusive. The reporting person undertakes to provide to Hall of Fame Resort & Entertainment Company (the "Company"), any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (1) to this Form 4.
F2 The warrants expire on the earlier to occur of July 1, 2025 or upon the redemption date in the event that the Company shall fix a date for the redemption of the warrants in accordance with the warrant terms.
F3 Each warrant represents the right to purchase 1.421333 shares of the Company's common stock.

Remarks:

Exhibit List: Exhibit 24 - Power of Attorney