4//SEC Filing
Isaac Jon 4
Accession 0001628280-25-033065
CIK 0001045742other
Filed
Jun 24, 8:00 PM ET
Accepted
Jun 25, 9:08 PM ET
Size
10.6 KB
Accession
0001628280-25-033065
Insider Transaction Report
Form 4
Isaac John
DirectorPresident and CEO10% Owner
Transactions
- Purchase
Common Stock
2025-06-24$9.24/sh+21,711$200,545→ 1,611,398 total(indirect: By LLC) - Purchase
Common Stock
2025-06-23$7.92/sh+15,204$120,355→ 1,589,687 total(indirect: By LLC) - Award
Convertible Note
2025-04-08+1,528,662→ 1,528,662 total(indirect: By LLC)Exercise: $7.85From: 2025-04-08Exp: 2030-04-08→ Common Stock (1,528,662 underlying)
Footnotes (5)
- [F1]Represents the weighted average price of shares purchased.
- [F2]Includes (i) 217,177 shares of common stock owned by Jon Isaac; and (ii) 1,394,221 shares of common stock owned by Isaac Capital Group, LLC ("ICG"), of which Jon Isaac is the sole member and manager.
- [F3]The Fourth Amendment to Unsecured Line of Credit Promissory Note (the "Note") effective April 8, 2025, and maturing on April 8, 2030, between ICG and Live Ventures Incorporated ("Live") provides for the conversion, at ICG's sole option, of any, or all, of the outstanding obligations under the Note, into shares of common stock of Live based upon a Conversion Price of $7.85. The maximum credit amount under the Note is $12,000,000.
- [F4]Effective date of Note, providing for conversion of any, or all, of the outstanding obligations under the Note, into shares of common stock of Live.
- [F5]The maximum credit amount available under the Note is $12,000,000, which, when divided by the Conversion Price of $7.85, determines the maximum potential number of shares of common stock into which the Note is convertible (1,528,662). The actual number of issuable shares will vary throughout the term of the Note due to changes in the amounts Live borrows under the Note and repays under the Note. As of the date of this filing, the outstanding principal under the Note is $9,445,000, less than the maximum credit amount.
Documents
Issuer
LIVE VENTURES Inc
CIK 0001045742
Entity typeother
Related Parties
1- filerCIK 0001512469
Filing Metadata
- Form type
- 4
- Filed
- Jun 24, 8:00 PM ET
- Accepted
- Jun 25, 9:08 PM ET
- Size
- 10.6 KB