Rlj Entertainment, Inc. (RLJE) Files Form 4 Insider Selling : Mark Nunis Sells 18,100 Shares

Rlj Entertainment, Inc. (RLJE): Mark Nunis , Principal Fin & Acctg Officer of Rlj Entertainment, Inc. sold 18,100 shares on May 12, 2016. The Insider selling transaction was reported by the company on May 17, 2016 to the Securities and Exchange Commission. The shares were sold at $0.62 per share for a total value of $11,192.41 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Apr 7, 2016, Mark Nunis (Principal Fin & Acctg Officer) sold 7,437 shares at $0.66 per share price.On Jan 8, 2016, Miguel Penella (CEO) sold 7,400 shares at $0.52 per share price.Also, On Jun 12, 2015, Andrew Sean Sr Wilson (CFO) sold 3,210 shares at $0.47 per share price.On Jan 12, 2015, Spac Acquisition, Llc Rlj (10% owner) purchased 3,100 shares at $1.78 per share price.

RLJ Entertainment Inc. is a global entertainment company with a direct presence in North America the United Kingdom and Australia and sublicense and distribution relationships covering Europe Asia and Latin America. The Company acquires content rights in various categories with focus on British episodic mystery and drama urban programming and full-length motion pictures. It acquires content in two ways: through long-term exclusive licensing agreements which includes digital video disc (DVD) and Blu-ray streaming download-to-own download-to-rent video-on-demand (VOD) broadcast and theatrical and through development production and ownership of original drama television programming through its wholly-owned subsidiary RLJE Ltd. and its majority owned subsidiary Agatha Christie Limited (ACL) as well as fitness programs through its Acacia brand. The Company operates in three segments: intellectual property licensing (IP Licensing) wholesale and direct-to-consumer.

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