Aaron Sullivan - Aug 14, 2023 Form 4 Insider Report for LiveOne, Inc. (LVO)

Signature
/s/ Aaron Sullivan
Stock symbol
LVO
Transactions as of
Aug 14, 2023
Transactions value $
-$4,903
Form type
4
Date filed
8/18/2023, 07:30 PM
Previous filing
Mar 6, 2023
Next filing
Jan 30, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LVO Common Stock, $0.001 par value Options Exercise +6.25K +8.7% 78.1K Aug 14, 2023 Direct F1
transaction LVO Common Stock, $0.001 par value Other -$4.9K -2.71K -3.47% $1.81 75.4K Aug 14, 2023 Direct F3

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 Options Exercise $0 -6.25K -100% $0.00* 0 Aug 14, 2023 Common Stock, $0.001 par value 6.25K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted Stock Units convert into Common Stock on a one-for-one basis.
F2 Represents 6,250 vested Restricted Stock Units ("RSUs") that were settled on the reported date out of the original 100,000 RSUs granted to the Reporting Person pursuant to his employment agreement, dated as of June 6, 2019, as amended. Each vested RSU was settled by Issuer by delivery to the Reporting Person of one share of Issuer's common stock.
F3 On the reported date these shares were sold by Issuer's broker into the open market solely to satisfy the Reporting Person's required tax withholding in connection with the settlement of the RSUs reported herein. The sale price represents a weighted average price as multiple executions were involved in completing the sale transaction. Additional detail regarding the individual execution prices is available upon request.