Maria Garrido - Jun 14, 2021 Form 4/A - Amendment Insider Report for LiveXLive Media, Inc. (LVO)

Role: Director
Signature: /s/ Maria D. Garrido
Stock symbol: LVO
Transactions as of: Jun 14, 2021
Transactions value $: $0
Form type: 4/A - Amendment
Date filed: 7/9/2021, 08:00 PM
Date Of Original Report: Jun 16, 2021
Next filing: Oct 6, 2022

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	LVO	Restricted Stock Units	Award	$0	+22K		$0.00	22K	Dec 29, 2020	Common Stock, $0.001 par value	22K		Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The Form 4 filed by the Reporting Person on June 16, 2021 representing a grant of restricted stock units of the Issuer ("RSUs") as part of the Issuer's director compensation program erroneously reported a grant of 29,032 RSUs to the Reporting Person on June 14, 2021. The actual number of RSUs granted to the Reporting Person is 21,953 and was granted on December 29, 2020 and reported on a Form 3 filed by the Reporting Person on January 7, 2021. The purpose of this amended Form 4 is to correctly reflect the actual number of RSUs originally granted on December 29, 2020 in Table II as the Reporting Person did not receive additional RSUs as fees for her services on the Issuer's board of directors (the "Board").
F2	The Restricted Stock Units (the "RSUs") were granted to the Reporting Person as director fees for service on the Board for the period from December 29, 2020 to September 30, 2021. The RSUs shall vest on October 31, 2021 (the "Vesting Date"), subject to the Reporting Person's continued service on the Board through the Vesting Date. Each RSU represents a contingent right to receive one share of the Issuer's common stock or the cash value thereof. The Board, in its sole discretion, will determine in accordance with the terms and conditions of the Issuer's 2016 Equity Incentive Plan, as amended, the form of payout of the RSUs (cash and/or stock).

Content

The Form 4 filed by the Reporting Person on June 16, 2021 representing a grant of restricted stock units of the Issuer ("RSUs") as part of the Issuer's director compensation program erroneously reported a grant of 29,032 RSUs to the Reporting Person on June 14, 2021. The actual number of RSUs granted to the Reporting Person is 21,953 and was granted on December 29, 2020 and reported on a Form 3 filed by the Reporting Person on January 7, 2021. The purpose of this amended Form 4 is to correctly reflect the actual number of RSUs originally granted on December 29, 2020 in Table II as the Reporting Person did not receive additional RSUs as fees for her services on the Issuer's board of directors (the "Board").

The Restricted Stock Units (the "RSUs") were granted to the Reporting Person as director fees for service on the Board for the period from December 29, 2020 to September 30, 2021. The RSUs shall vest on October 31, 2021 (the "Vesting Date"), subject to the Reporting Person's continued service on the Board through the Vesting Date. Each RSU represents a contingent right to receive one share of the Issuer's common stock or the cash value thereof. The Board, in its sole discretion, will determine in accordance with the terms and conditions of the Issuer's 2016 Equity Incentive Plan, as amended, the form of payout of the RSUs (cash and/or stock).