NIERMANN JON M 4
4 · Loop Media, Inc. · Filed Sep 26, 2022
Insider Transaction Report
Form 4
Loop Media, Inc.LPTV
NIERMANN JON M
DirectorChief Executive Officer10% Owner
Transactions
- Award
Common Stock
2022-09-22+350,000→ 350,000 total - Award
Stock option (right to buy)
2022-09-22+707,070→ 707,070 totalExercise: $4.95Exp: 2032-09-22→ Common Stock (707,070 underlying)
Holdings
- 6,666,667(indirect: By Pioneer Productions)
Common Stock
Footnotes (3)
- [F1]The Reporting Person was granted 350,000 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]Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose.
- [F3]The option fully vested on September 22, 2022.