Andy Schuon - 22 Sep 2022 Form 4 Insider Report for Loop Media, Inc. (LPTV)

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
26 Sep 2022, 17:20:35 UTC
Prior SEC filing
28 Jan 2022
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Joanne Lytle, Attorney-in Fact

Key filing fact

Andy Schuon filed Form 4 for Loop Media, Inc. (LPTV) on 26 Sep 2022.

Key facts

  • This page summarizes Andy Schuon's Form 4 filing for Loop Media, Inc. (LPTV).
  • 2 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 26 Sep 2022, 17:20.

Change

  • Previous filing in this sequence was filed on 28 Jan 2022.
  • Current net transaction value: $0.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

LPTV transaction

Common Stock

Award

Transaction value
$0
Shares
+25,000
Change %
Price
$0.000000
Shares after
25,000
Date
22 Sep 2022
Ownership
Direct
Footnotes
F1
LPTV holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
34,900
Date
22 Sep 2022
Ownership
By Schuon 2014 Trust
Footnotes
F2

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

LPTV transaction Derivative

Stock option (right to buy)

Award

Transaction value
$0
Shares
+50,510
Change %
Price
$0.000000
Shares after
50,510
Date
22 Sep 2022
Ownership
Direct
Underlying class
Common Stock
Underlying amount
50,510
Exercise price
$4.95
Footnotes
F3
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote F1

The Reporting Person was granted 25,000 restricted stock units, which will be settled in shares of the Issuer's common stock. The restricted stock units vest as to 25% on September 22, 2023, with the remainder to vest thereafter in equal quarterly installments over the following three-year period, commencing on the three-month anniversary of September 22, 2023.

Footnote F2

Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, 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.

Footnote F3

The option vests as to 25% on September 22, 2023, with the remainder to vest thereafter in 36 equal monthly installments commencing on October 1, 2023.

SEC remarks

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

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