Bruce A. Cassidy 2013 Irrevocable Trust - 18 Mar 2022 Form 4 Insider Report for Loop Media, Inc. (LPTV)

Role
10%+ Owner
Signature
/s/ Joanne Lytle, Attorney-in Fact
Issuer symbol
LPTV
Transactions as of
18 Mar 2022
Net transactions value
-$15,000,000
Form type
4
Filing time
13 Apr 2022, 16:34:31 UTC
Previous filing
28 Feb 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LPTV Common Stock Conversion of derivative security +20,000,000 +2046% 20,977,424 18 Mar 2022 Direct F1
transaction LPTV Common Stock Sale $15,000,000 -10,000,000 -48% $1.50 10,977,424 11 Apr 2022 Direct

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
transaction LPTV Series B Preferred Stock Conversion of derivative security -200,000 -100% 0 18 Mar 2022 Common Stock 20,000,000 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Bruce A. Cassidy 2013 Irrevocable Trust is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Each share of Series B Preferred Stock was convertible into 100 shares of common stock at any time and had no expiration date.

Remarks:

As of April 11, 2022, the Reporting Person is no longer subject to Section 16 of the Securities Exchange Act of 1934 in connection with transactions in the securities of Loop Media, Inc. and therefore will no longer report any such transactions on Form 4 or Form 5.