Denise Penz - Dec 14, 2023 Form 4 Insider Report for Loop Media, Inc. (LPTV)

Role
Director
Signature
/s/ Joanne Lytle, Attorney-in Fact for Denise Penz
Stock symbol
LPTV
Transactions as of
Dec 14, 2023
Transactions value $
$354,666
Form type
4
Date filed
12/18/2023, 06:31 PM
Previous filing
Jan 31, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LPTV Common Stock Options Exercise $253K +317K +123.54% $0.80 573K Dec 14, 2023 Direct F1
transaction LPTV Common Stock Options Exercise $52.1K +65.1K +11.36% $0.80 638K Dec 14, 2023 Direct F1
transaction LPTV Common Stock Options Exercise $49.3K +61.6K +9.65% $0.80 700K Dec 14, 2023 Direct F1

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) Disposed to Issuer $0 -317K -100% $0.00* 0 Dec 14, 2023 Common Stock 317K $2.25 Direct F2
transaction LPTV Warrant (right to buy) Award $0 +317K $0.00 317K Dec 14, 2023 Common Stock 317K $0.80 Direct F2
transaction LPTV Warrant (right to buy) Options Exercise $0 -317K -100% $0.00* 0 Dec 14, 2023 Common Stock 317K $0.80 Direct F1
transaction LPTV Warrant (right to buy) Disposed to Issuer $0 -65.1K -100% $0.00* 0 Dec 14, 2023 Common Stock 65.1K $5.25 Direct F3
transaction LPTV Warrant (right to buy) Award $0 +65.1K $0.00 65.1K Dec 14, 2023 Common Stock 65.1K $0.80 Direct F3
transaction LPTV Warrant (right to buy) Options Exercise $0 -65.1K -100% $0.00* 0 Dec 14, 2023 Common Stock 65.1K $0.80 Direct F1
transaction LPTV Warrant (right to buy) Disposed to Issuer $0 -61.6K -100% $0.00* 0 Dec 14, 2023 Common Stock 61.6K $5.25 Direct F3
transaction LPTV Warrant (right to buy) Award $0 +61.6K $0.00 61.6K Dec 14, 2023 Common Stock 61.6K $0.80 Direct F3
transaction LPTV Warrant (right to buy) Options Exercise $0 -61.6K -100% $0.00* 0 Dec 14, 2023 Common Stock 61.6K $0.80 Direct F1
* 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 upon the exercise of a warrant at a per share exercise price of $0.80.
F2 The warrant was repriced pursuant to a Warrant Reprice Letter Agreement effective December 14, 2023, between Denise Penz and the Issuer, to decrease the per share exercise price of the warrant from $2.25 to $0.80.
F3 The warrant was repriced pursuant to a Warrant Reprice Letter Agreement effective December 14, 2023, between Denise Penz and the Issuer, to decrease the per share exercise price of the warrant from $5.25 to $0.80.