Ryan Carhart - Feb 19, 2025 Form 3 Insider Report for LiveOne, Inc. (LVO)

Role
CFO, EVP, Controller, Treasurer & Secretary
Signature
/s/ Ryan Carhart
Stock symbol
LVO
Transactions as of
Feb 19, 2025
Transactions value $
$0
Form type
3
Date filed
2/27/2025, 08:00 PM
Previous filing
Nov 27, 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding LVO Common Stock, $0.001 par value 30K Feb 19, 2025 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
holding LVO Restricted Stock Units Feb 19, 2025 Common Stock, $0.001 par value 100K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents unvested 100,000 Restricted Stock Units ("RSUs") out of the original 150,000 RSUs granted to the Reporting Person pursuant to his employment offer letter (the "Employment Agreement"), dated as of August 29, 2023 (the "Effective Date"), with one-third of the RSUs having vested on the first anniversary of the Effective Date, and the remaining two-thirds of the RSUs shall vest in equal amounts on the second and third anniversary, respectively, of the Effective Date, subject to the Reporting Person's continued employment with the Issuer through the applicable vesting date and earlier 50% vesting upon a Change of Control (as defined in the Employment Agreement) of the Issuer. The initial tranche of 50,000 RSUs that vested were previously settled by the Issuer.
F2 Each RSU represents a contingent right to receive one share of the Issuer's common stock or the cash value thereof. The Issuer's board of directors or its compensation committee, in its sole discretion, will determine in accordance with the terms and conditions of the Issuer's 2016 Equity Incentive Plan, as amended, the form of payout of the RSUs (cash and/or stock).

Remarks:

CFO, EVP, Controller, Treasurer & Secretary