Indursky Blake I 4
4 · LiveXLive Media, Inc. · Filed Jun 29, 2018
Insider Transaction Report
Form 4
Indursky Blake I
Chief Business Officer and EVP
Transactions
- Award
Stock Option (Right to Buy)
2018-06-27+250,000→ 250,000 totalExercise: $6.01Exp: 2028-06-27→ Common Stock (250,000 underlying)
Footnotes (2)
- [F1]These options were granted to the Reporting Person pursuant to that certain Stock Option Agreement (the "Option Agreement"), dated as of June 27, 2018 (the "Grant Date"). The options shall vest in three equal increments, with the first tranche of the options vesting on the 12-month anniversary of the Grant Date, with an additional one-third of the options vesting every twelfth month thereafter through the date that is three years after the Grant Date. Each tranche of the options shall become exercisable on the earlier of (i) one year after the date such tranche shall vest, (ii) the second anniversary of the Grant Date, or (iii) the earliest date vested equity awards become exercisable or transferable for similarly situated executives of the Issuer, subject to the terms of the 2016 Plan.
- [F2]These options expire 10 years from the Grant Date, unless terminated sooner in accordance with the Issuer's 2016 Equity Incentive Plan (the "2016 Plan") or the Option Agreement.