Justis Kao - 15 Mar 2024 Form 4 Insider Report for Loop Media, Inc. (LPTV)

Role
Interim CEO
Signature
/s/ Joanne Lytle, Attorney-in Fact
Issuer symbol
LPTV
Transactions as of
15 Mar 2024
Net transactions value
$0
Form type
4
Filing time
19 Mar 2024, 18:13:31 UTC
Previous filing
16 Feb 2024
Next filing
17 Mar 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LPTV Common Stock Award $0 +600,000 +2204% $0.000000 627,228 15 Mar 2024 Direct F1
transaction LPTV Common Stock Award $0 +600,000 +96% $0.000000 1,227,228 15 Mar 2024 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Reporting Person was granted 600,000 restricted stock units, which will be settled in shares of the Issuer's common stock. The restricted stock units vest as to 50% on March 15, 2025, with the remainder to vest thereafter in equal quarterly installments over the following one-year period.
F2 The Reporting Person was granted 600,000 restricted stock units, which will be settled in shares of the Issuer's common stock. The restricted stock units vest as to 25% on March 15, 2025, with the remainder to vest thereafter in equal quarterly installments beginning three (3) months after March 15, 2025.