LiveOne, Inc. — Director's Dealing 2021

Aug 18, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LiveXLive Media, Inc. (LIVX)
CIK: 0001491419
Period of Report: 2021-08-16

Reporting Person: BEBEL MICHAEL J (Senior EVP)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-08-16	Common Stock, $0.001 par value	M	83378	—	Acquired	262077	Direct
2021-08-16	Common Stock, $0.001 par value	J	42850	$2.94	Disposed	219227	Direct
2021-08-16	Common Stock, $0.001 par value	M	13842	—	Acquired	233069	Direct
2021-08-16	Common Stock, $0.001 par value	J	7080	$2.94	Disposed	225989	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-08-16	Restricted Stock Units	$	M	83378	Disposed		Common Stock, $0.001 par value (83378)	Direct
2021-08-16	Restricted Stock Units	$	M	13842	Disposed		Common Stock, $0.001 par value (13842)	Direct

Footnotes

F1: Restricted Stock Units convert into Common Stock on a one-for-one basis.

F2: These Restricted Stock Units (the "RSUs") were granted pursuant to the Reporting Person's Employment Agreement, dated as of January 28, 2019 (the "EA"), and collectively represent the next portion of the unvested RSUs that vested as of August 2021. Each vested RSU was settled by the Issuer on the reported date by delivery to the Reporting Person of one share of the Issuer's common stock. The remaining restricted stock units granted pursuant to the EA vest as provided therein and previously reported on the Reporting Person's Form 4 filed with the U.S. Securities and Exchange Commission on February 8, 2019.

F3: These RSUs were issued by the Issuer to the Reporting Person pursuant to his agreement to accept 50% of his monthly base salary in equity of the Issuer for the period from April 1, 2020 through July 31, 2020. These RSUs vested in August 2021 and were settled by the Issuer on the reported date by delivery to the Reporting Person of one share of the Issuer's common stock.

F4: On the reported date these shares were sold by the Issuer's broker into the open market solely to satisfy the Reporting Person's required tax withholding in connection with the settlement of the RSUs as reported in footnotes 2 and 3. The sale price represents a weighted average price as multiple executions were involved in completing the sale transaction. Additional detail regarding the individual execution prices is available upon request.