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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Incentive Stock Option | $ 23.41 | 09/05/2017 | D(1) | 4,000 | 09/05/2018 | 09/05/2027 | Common Stock | 4,000 | $ 23.41 | 4,000 | D | ||||
Incentive Stock Option | $ 27.6 | 09/05/2017 | D(1) | 4,000 | 09/05/2019 | 09/05/2027 | Common Stock | 4,000 | $ 27.6 | 8,000 | D | ||||
Incentive Stock Option | $ 31.74 | 09/05/2017 | D(1) | 4,000 | 09/05/2020 | 09/05/2027 | Common Stock | 4,000 | $ 31.74 | 12,000 | D | ||||
Incentive Stock Option | $ 36.5 | 09/05/2017 | D(1) | 4,000 | 09/05/2021 | 09/05/2027 | Common Stock | 4,000 | $ 36.5 | 16,000 | D | ||||
Incentive Stock Option | $ 41.9762 | 09/05/2017 | D(1) | 4,000 | 09/05/2022 | 09/05/2027 | Common Stock | 4,000 | $ 41.9762 | 20,000 | D | ||||
Incentive Stock Option | $ 11.8 | 09/05/2017 | A(1) | 4,000 | 09/05/2018 | 09/05/2027 | Common Stock | 4,000 | $ 11.8 | 4,000 | D | ||||
Incentive Stock Option | $ 11.8 | 09/05/2017 | A(1) | 4,000 | 09/05/2019 | 09/05/2027 | Common Stock | 4,000 | $ 11.8 | 8,000 | D | ||||
Incentive Stock Option | $ 11.8 | 09/05/2017 | A(1) | 4,000 | 09/05/2020 | 09/05/2027 | Common Stock | 4,000 | $ 11.8 | 12,000 | D | ||||
Incentive Stock Option | $ 12.98 | 09/05/2017 | A(1) | 4,000 | 09/05/2021 | 09/05/2027 | Common Stock | 4,000 | $ 12.98 | 16,000 | D | ||||
Incentive Stock Option | $ 14.27 | 09/05/2017 | A(1) | 4,000 | 09/05/2022 | 09/05/2027 | Common Stock | 4,000 | $ 14.27 | 20,000 | D | ||||
Non-Qualified Stock Option | (2) | 01/11/2021 | A | 5,000 (3) | (4) | 01/11/2027 | Common Stock | 5,000 | (2) | 25,000 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Stein Michael Jason C/O LIVE VENTURES, INC. 325 EAST WARM SPRINGS ROAD, STE. 102 LAS VEGAS, NV 89119 |
Sr. VP, General Counsel |
/s/ Michael J. Stein | 01/13/2021 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | The reported transaction involved an amendment of an outstanding option, resulting in the deemed cancellation of the "old" option and the grant of a replacement option. The option was originally granted on September 5, 2017 and provides for the vesting described in this Form 4. The exercise price of the "old" option was amended as described in this Form 4. |
(2) | The Reporting Person was granted an option to purchase 5000 shares of common stock, with a grant of 1250 shares deemed to be made on each of March 31, 2021, June 30, 2021, September 30, 2021, and December 31, 2021. The exercise price of each such option grant will be the closing price of the common stock on the Nasdaq Capital Market on March 31, 2021, June 30, 2021, September 30, 2021, and December 31, 2021, respectively. |
(3) | The Reporting Person was granted an option to purchase 5000 shares of common stock, with a grant of 1250 shares deemed to be made on each of March 31, 2021, June 30, 2021, September 30, 2021, and December 31, 2021. |
(4) | The Reporting Person was granted an option to purchase 5000 shares of common stock, with a grant of 1250 shares deemed to be made on each of March 31, 2021, June 30, 2021, September 30, 2021, and December 31, 2021. Each grant of 1,250 shares vests on the one year anniversary of the date of its grant. |