Bruce A. Cassidy Sr. - 03 Jan 2023 Form 4 Insider Report for Loop Media, Inc. (LPTV)

Role
Director, 10%+ Owner
Signature
/s/ Joanne Lytle, Attorney-in Fact
Issuer symbol
LPTV
Transactions as of
03 Jan 2023
Net transactions value
$0
Form type
4
Filing time
05 Jan 2023, 16:13:56 UTC
Previous filing
22 Sep 2023
Next filing
14 Sep 2023
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 +32,616 $0.000000 32,616 03 Jan 2023 Direct F1
transaction LPTV Common Stock Award $0 +20,385 +62% $0.000000 53,001 03 Jan 2023 Direct F2
holding LPTV Common Stock 3,866,527 03 Jan 2023 By Bruce A. Cassidy 2013 Irrevocable Trust dated June 18, 2013
holding LPTV Common Stock 2,914,374 03 Jan 2023 By Excel Family Partners LLLP
holding LPTV Common Stock 2,600,000 03 Jan 2023 By Eagle Investment Group, LLC
* 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 32,616 restricted stock units, which will be settled in shares of the Issuer's common stock. The restricted stock units vest as to 25% on January 3, 2024, with the remainder to vest thereafter in equal quarterly installments over the following three-year period, commencing on the three-month anniversary of January 3, 2024.
F2 The Reporting Person was granted 20,385 restricted stock units, which will be settled in shares of the Issuer's common stock. The restricted stock units vest as to 100% on the day after the end of the fiscal year in which the grant was made, or October 1, 2023.

Remarks:

Shares reported reflect the Issuer's one-for-three reverse stock split effective September 20, 2022.