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Filing Details

Accession Number:: 0001213900-20-015308
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2020-06-18 21:09:28
Reporting Period:: 2020-06-16

Accepted Time:: 2020-06-18 21:09:28
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
748592	Ntn Buzztime Inc	NTN	Television Broadcasting Stations (4833)	311103425

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1071292	S Robert Ellin	C/O Trinad Capital Management, Ll 269 South Beverly Drive, Suite #1450 Beverly Hills CA 90212		No	No	Yes	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock, $0.005 Par Value	Disposition	2020-06-16	100	$3.86	199,494	No	4	S	Indirect	See footnotes
Common Stock, $0.005 Par Value	Disposition	2020-06-17	12,400	$6.01	187,094	No	4	S	Indirect	See footnotes

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Indirect	See footnotes
No	4	S	Indirect	See footnotes

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock, $0.005 Par Value	157,171	Direct

Footnotes

These shares were sold by JJAT Corp. ("JJAT"). The Reporting Person as the owner of JJAT is deemed to have sole voting and dispositive power over such shares.
These shares were sold by Trinad Capital Master Fund, Ltd. ("Trinad Capital").
The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $4.12 to $6.50, inclusive. The Reporting Person undertakes to provide to the staff of the U.S. Securities and Exchange Commission (the "SEC"), upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote 3.
Represents shares of the NTN Buzztime, Inc.'s common stock owned by Trinad Capital, as the Reporting Person, the Portfolio Manager of Trinad Capital, is deemed to have sole voting and dispositive power over such shares.
Each of the Reporting Person, Trinad Capital, Trinad Capital Management, LLC ("Trinad Management") and JJAT 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 and JJAT 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 of JJAT, (vi) indirect interest of the Reporting Person by virtue of being a shareholder and Portfolio Manager of Trinad Capital, and (vii) Reporting Person's and/or Trinad Management's pecuniary interest in the securities reported herein as directly beneficially owned by Trinad Capital or JJAT.
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.