David Saint-Fleur - Jan 3, 2023 Form 4 Insider Report for Loop Media, Inc. (LPTV)

Role
Director
Signature
/s/ Joanne Lytle, Attorney-in Fact
Stock symbol
LPTV
Transactions as of
Jan 3, 2023
Transactions value $
$0
Form type
4
Date filed
1/5/2023, 04:17 PM
Previous filing
Sep 30, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LPTV Common Stock Award $0 +32.6K $0.00 32.6K Jan 3, 2023 Direct F1
transaction LPTV Common Stock Award $0 +20.4K +62.5% $0.00 53K Jan 3, 2023 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 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.