Penz Denise M. 4
4 · Loop Media, Inc. · Filed Jan 5, 2023
Insider Transaction Report
Form 4
Loop Media, Inc.LPTV
Penz Denise M.
Director
Transactions
- Award
Common Stock
2023-01-03+32,616→ 235,951 total - Award
Stock option (right to buy)
2023-01-03+7,183→ 7,183 totalExercise: $6.23Exp: 2033-01-03→ Common Stock (7,183 underlying) - Award
Common Stock
2023-01-03+20,385→ 256,336 total
Footnotes (3)
- [F1]The Reporting Person was granted 32,616 restricted stock units, which will be settled in shares of the Issuer's common stock. The restricted stock units vest as to 25% on January 3, 2024, with the remainder to vest thereafter in equal quarterly installments over the following three-year period, commencing on the three-month anniversary of January 3, 2024.
- [F2]The Reporting Person was granted 20,385 restricted stock units, which will be settled in shares of the Issuer's common stock. The restricted stock units vest as to 100% on the day after the end of the fiscal year in which the grant was made, or October 1, 2023.
- [F3]The option fully vested and became exercisable on January 3, 2023.