LiveOne, Inc. — Director's Dealing 2019

Jul 30, 2019

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: LiveXLive Media, Inc. (LIVX)
CIK: 0001491419
Period of Report: 2019-07-15

Reporting Person: McCormack Dermot A (President)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock, $0.001 par value	15238	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Restricted Stock Units	$		Common Stock, $0.001 par value (1000000)		Direct

Footnotes

F1: The Restricted Stock Units (the "RSUs") reported herein were granted to the Reporting Person effective as July 15, 2019 (the "Effective Date") pursuant to his Employment Agreement (the "Employment Agreement"), dated as of July 15, 2019.

F2: The RSUs shall cliff vest on the three-year anniversary of the Effective Date, subject to the Reporting Person's continued employment with the Issuer through such vesting date. In the event of a "Change of Control" or earlier termination of the Employment Agreement "Without Cause", for "Good Reason" or due to death or "Disability" (each capitalized term as defined in the Employment Agreement) some or all of the unvested RSUs shall vest upon such event. Each vested RSU shall be settled by delivery to the Reporting Person of one share of the Issuer's common stock within then days after the applicable vesting date.