Gruters Bob 4
4 · Loop Media, Inc. · Filed Sep 26, 2022
Insider Transaction Report
Form 4
Loop Media, Inc.LPTV
Gruters Bob
Chief Revenue Officer
Transactions
- Award
Stock option (right to buy)
2022-09-22+303,030→ 303,030 totalExercise: $4.95Exp: 2032-09-22→ Common Stock (303,030 underlying) - Award
Common Stock
2022-09-22+150,000→ 150,000 total
Footnotes (2)
- [F1]The Reporting Person was granted 150,000 restricted stock units, which will be settled in shares of the Issuer's common stock. The restricted stock units vest as to 25% on September 22, 2023, with the remainder to vest thereafter in equal quarterly installments over the following three-year period, commencing on the three-month anniversary of September 22, 2023.
- [F2]The option vests as to 25% on September 22, 2023, with the remainder to vest thereafter in 36 equal monthly installments commencing on October 1, 2023.