Bruce Cassidy - Sep 12, 2023 Form 4 Insider Report for Loop Media, Inc. (LPTV)

Role: Director, 10%+ Owner
Signature: /s/ Joanne Lytle, Attorney-in Fact
Stock symbol: LPTV
Transactions as of: Sep 12, 2023
Transactions value $: $4,444,060
Form type: 4
Date filed: 9/14/2023, 08:36 PM
Previous filing: Sep 14, 2023
Next filing: Oct 6, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	LPTV	Common Stock	Award	$4.44M	+6.01M	+206.06%	$0.74	8.92M	Sep 12, 2023	By Excel Family Partners, LLLP	F1, F2
holding	LPTV	Common Stock						2.6M	Sep 12, 2023	By Eagle Investment Group, LLC	F2
holding	LPTV	Common Stock						85.6K	Sep 12, 2023	Direct

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	Warrant (right to buy)	Award		+209K			209K	Sep 12, 2023	Common Stock	209K	$4.33	By Excel Family Partners LLLP	F2, F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The shares of Common Stock were acquired in connection with a Note Conversion Agreement with the Issuer, pursuant to which the Reporting Person agreed to convert the principal and interest outstanding on a line of credit into shares of Common Stock of the Issuer. The aggregate principal and interest of the line of credit was $4,444,060.
F2	Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, if any, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose.
F3	The warrant was acquired in connection with a note issued by the Issuer in favor of Excel Family Partners, LLLP, as coverage for forty percent (40%) of the principal thereunder. The aggregate principal of the note is $2,266,733.