Arani Ramin 4
4 · LiveXLive Media, Inc. · Filed Jun 16, 2021
Insider Transaction Report
Form 4
Arani Ramin
Director
Transactions
- Award
Restricted Stock Units
2021-06-14+32,258→ 32,258 total→ Common Stock, $0.001 par value (32,258 underlying)
Footnotes (1)
- [F1]The Restricted Stock Units (the "RSUs") were granted to the Reporting Person as director fees for service on the Issuer's board of directors (the "Board") for the period from October 1, 2020 to September 30, 2021. The RSUs shall vest on October 31, 2021 (the "Vesting Date"), subject to the Reporting Person's continued service on the Board through the Vesting Date. Each RSU represents a contingent right to receive one share of the Issuer's common stock or the cash value thereof. The Board, in its sole discretion, will determine in accordance with the terms and conditions of the Issuer's 2016 Equity Incentive Plan, as amended, the form of payout of the RSUs (cash and/or stock).