4//SEC Filing
BEBEL MICHAEL J 4
Accession 0001213900-20-040616
CIK 0001491419other
Filed
Dec 2, 7:00 PM ET
Accepted
Dec 3, 8:01 AM ET
Size
9.4 KB
Accession
0001213900-20-040616
Insider Transaction Report
Form 4
BEBEL MICHAEL J
EVP - Corp Devel & Rights Mgmt
Transactions
- Exercise/Conversion
Restricted Stock Units
2020-11-20−41,690→ 208,445 total→ Common Stock, $0.001 par value (41,690 underlying) - Exercise/Conversion
Common Stock, $0.001 par value
2020-11-20+41,690→ 212,628 total - Other
Common Stock, $0.001 par value
2020-11-20$1.98/sh−13,929$27,579→ 198,699 total
Footnotes (3)
- [F1]Restricted Stock Units convert into Common Stock on a one-for-one basis.
- [F2]These Restricted Stock Units (the "RSUs") were granted pursuant to the Reporting Person's Employment Agreement, dated as of January 28, 2019 (the "EA"), and collectively vested as of November 1, 2020. Each vested RSU was settled by the Issuer in November 2020 by delivery to the Reporting Person of one share of the Issuer's common stock. The remaining restricted stock units granted pursuant to the EA vest as provided therein and previously reported on the Reporting Person's Form 4 filed with the U.S. Securities and Exchange Commission on February 8, 2019.
- [F3]On November 20, 2020, these shares were sold by the Issuer's broker into the open market solely to satisfy the Reporting Person's required tax withholding in connection with the settlement of the RSUs as reported in footnote 2. The sale price represents a weighted average price as multiple executions were involved in completing the sale transaction. Additional detail regarding the individual execution prices is available upon request.
Documents
Issuer
LiveXLive Media, Inc.
CIK 0001491419
Entity typeother
Related Parties
1- filerCIK 0001248062
Filing Metadata
- Form type
- 4
- Filed
- Dec 2, 7:00 PM ET
- Accepted
- Dec 3, 8:01 AM ET
- Size
- 9.4 KB