Dolphin Entertainment, Inc. — Director's Dealing 2017

Dec 27, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Dolphin Entertainment, Inc. (DLPN)
CIK: 0001282224
Period of Report: 2017-12-21

Reporting Person: O'Dowd William IV (Director, Chief Executive Officer, 10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-12-21	Common Stock	P	88500	$4.115	Acquired	565450	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-12-21	Warrants	$4.74	P	88500	Acquired	2020-12-26	Common Stock (88500)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	527841	Indirect
Common Stock	621052	Indirect

Footnotes

F1: The price represents the public offer price of the shares and warrants in the Issuer's public offering.

F2: The Issuer completed a 2-to-1 reverse stock split effective September 14, 2017. The amount stated reflects the post-split adjustment. Fractional shares resulting from the reverse stock split were rounded up to the nearest whole share.