Gold Jerome N. 4
4 · LiveXLive Media, Inc. · Filed Aug 28, 2020
Insider Transaction Report
Form 4
Gold Jerome N.
CFO and EVP
Transactions
- Other
Common Stock, $0.001 par value
2020-08-18$2.80/sh−86,173$241,284→ 268,827 total - Exercise/Conversion
Restricted Stock Units
2020-08-18−250,000→ 0 total→ Common Stock, $0.001 par value (250,000 underlying) - Exercise/Conversion
Common Stock, $0.001 par value
2020-08-18+250,000→ 355,000 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 Amended and Restated Employment Agreement, dated as of September 1, 2017, as subsequently amended, and vested on June 30, 2020. Each vested RSU was settled by the Issuer in August 2020 by delivery to the Reporting Person of one share of the Issuer's common stock per RSU
- [F3]On August 18, 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.