NEIL T. WATANABE - 22 Sep 2022 Form 4 Insider Report for Loop Media, Inc. (LPTV)

Role
Chief Financial Officer
Signature
/s/ Joanne Lytle, Attorney-in Fact
Issuer symbol
LPTV
Transactions as of
22 Sep 2022
Net transactions value
$0
Form type
4
Filing time
26 Sep 2022, 17:23:56 UTC
Previous filing
06 Oct 2021
Next filing
05 Jan 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LPTV Common Stock Award $0 +100,000 $0.000000 100,000 22 Sep 2022 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 Stock option (right to buy) Award $0 +202,020 $0.000000 202,020 22 Sep 2022 Common Stock 202,020 $4.95 Direct F2
* 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 100,000 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.
F2 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.

Remarks:

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