Sow Good Inc. — Director's Dealing 2020

Aug 12, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Allied Esports Entertainment, Inc. (AESE)
CIK: 0001708341
Period of Report: 2020-08-10

Reporting Person: DeCubellis Kenneth (10% Owner)
Reporting Person: Black Ridge Oil & Gas, Inc. (10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-08-10	Common Stock	J	436002	—	Disposed	2417530	Indirect
2020-08-10	Common Stock	S	113000	$2.0191	Disposed	2304530	Indirect

Footnotes

F1: Mr. DeCubellis, as Chief Executive Officer and Interim Chief Financial Officer of Black Ridge Oil & Gas, Inc. ("Black Ridge") exercises voting and dispositive power over such shares. Mr. DeCubellis disclaims beneficial ownership of such shares except to the extent of his ultimate pecuniary interest.

F2: On August 10, 2020 Black Ridge distributed 436,002 shares of its holdings of the Issuer's shares to officers, directors and certain employees pursuant to the 2018 Stock Management Incentive Plan dated March 6, 2018 (the "MIP").

F3: The sale of the Issuer's shares reflected in Column 4 was made pursuant to a Rule 10b5-1 trading plan entered into by Black Ridge on June 15, 2020. Of the shares sold, 101,098 shares were sold on behalf of the employees in order to cover payroll tax withholdings and the remaining 11,902 shares were sold by Black Ridge to fund the employer's portion of payroll taxes, each in connection with the distributions pursuant to the MIP, as discussed in footnote (2) above.