Denise Penz - 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, 04:19 PM
Previous filing
Sep 14, 2022
Next filing
Jan 31, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LPTV Common Stock Award $0 +32.6K +16.04% $0.00 236K Jan 3, 2023 Direct F1
transaction LPTV Common Stock Award $0 +20.4K +8.64% $0.00 256K Jan 3, 2023 Direct F2

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 LPTV Stock option (right to buy) Award $0 +7.18K $0.00 7.18K Jan 3, 2023 Common Stock 7.18K $6.23 Direct F3
* 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.
F3 The option fully vested and became exercisable on January 3, 2023.

Remarks:

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