NEIL T. WATANABE - 03 Jan 2023 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
03 Jan 2023
Net transactions value
$0
Form type
4
Filing time
05 Jan 2023, 16:15:32 UTC
Previous filing
26 Sep 2022
Next filing
03 Apr 2024
SEC
View on sec.gov

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 +125,000 $0.000000 125,000 03 Jan 2023 Common Stock 125,000 $6.23 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The stock option vests and becomes exercisable as follows: 58% of the number of shares subject to the option shall vest on January 3, 2023, and the remaining shares subject to the option shall vest in equal monthly installments on the first day of each month beginning February 1, 2023, and continuing each successive month, ending with a final installment on September 1, 2024.