LiveOne, Inc. — Director's Dealing 2020

Apr 18, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LiveXLive Media, Inc. (LIVX)
CIK: 0001491419
Period of Report: 2020-04-16

Reporting Person: Zemetra Michael Leonard (CFO & EVP)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-04-16	Restricted Stock Units	$0.0	A	300000	Acquired		Common Stock, $0.001 par value (300000)	Direct

Footnotes

F1: 162,500 of the Restricted Stock Units (the "RSUs") shall vest on the 13-month anniversary of April 1, 2020 (the "Initial Vesting Date") and the remaining RSUs shall vest thereafter on each successive monthly anniversary of the Initial Vesting Date in an amount of 12,500 RSUs each, with the last tranche to vest on April 13, 2022 (inclusive), subject to the Reporting Person's continued employment with the Issuer through each applicable vesting date and subject to earlier vesting upon a Change of Control (as defined in the Reporting Person's Employment Agreement, dated as of April 13, 2018, as subsequently amended (the "EA")), or such other vesting acceleration conditions as set forth in the EA. Each vested RSU shall be settled by delivery to the Reporting Person of one share of the Issuer's common stock on the first to occur of: (i) the date of a Change of Control, (continued to Footnote 2)

F2: (continued from Footnote 1) (ii) the end of the Employment Period (as defined in the EA), if so elected by the Reporting Person, and (iii) the date of the Reporting Person's death or Disability (as defined in the EA).