Aaron Sullivan - Jun 7, 2024 Form 4 Insider Report for LiveOne, Inc. (LVO)

Signature
/s/ Aaron Sullivan
Stock symbol
LVO
Transactions as of
Jun 7, 2024
Transactions value $
-$46,610
Form type
4
Date filed
6/12/2024, 09:31 PM
Previous 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 +75K +99.53% 150K Jun 7, 2024 Direct F1
transaction LVO Common Stock, $0.001 par value Other -$46.6K -27.4K -18.22% $1.70 123K Jun 7, 2024 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 -75K -100% $0.00* 0 Jun 7, 2024 Common Stock, $0.001 par value 75K 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 75,000 vested Restricted Stock Units ("RSUs") that were settled on the reported date out of 75,000 RSUs granted to the Reporting Person on April 4, 2022. 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.