SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
Klein Michael Stuart

(Last) (First) (Middle)
640 FIFTH AVENUE
12 FLOOR

(Street)
NEW YORK NY 10019

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Hall of Fame Resort & Entertainment Co [ HOFV ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
07/01/2020
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 07/01/2020 A 1,078,984(1) A (1) 1,078,984(1) I The Klein Group(1)
Common Stock 07/01/2020 A 509,669(2) A (2) 509,669(2) I M. Klein & Company, LLC(2)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. In connection with the Issuer's business combination among Gordon Pointe Acquisition Corp., HOF Village, LLC, and others on July 1, 2020 (the "business combination"), the Issuer issued to The Klein Group 1,078,984 shares of common stock (at a value of $10.00) in satisfaction of outstanding fees and expenses owed by HOF Village, LLC in the aggregate amount of $10,789,840. Mr. Klein owns The Klein Group. Mr. Klein also owns M. Klein Associates, Inc., which owns approximately 6.3% of HOF Village, LLC, which owns shares and warrants in the Issuer. These shares and warrants are not reflected herein pursuant to Rule 16a-1(a)(2)(iii).
2. In connection with the Issuer's Business Combination, the Issuer issued to M. Klein & Company, LLC 509,669 shares of the Issuer's common stock (at a value of $10.00 per share) in satisfaction of certain amounts owed to M. Klein & Company, LLC under outstanding notes of HOF Village, LLC. Mr. Klein owns an indirect minority interest in M. Klein & Company, LLC. Mr. Klein disclaims beneficial ownership of the Issuer's common stock owned by M. Klein & Company, LLC, except to the extent of his pecuniary interest therein.
Remarks:
Michael S. Klein 07/06/2020
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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