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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 | ||||||||
| Warrant (right to buy) | $ 28.5 | 01/28/2021 | M | 10,914 | 09/10/2012 | 09/10/2021 | Series B Preferred Stock | 10,914 | $ 0 | 1,395,898 (1) | D | ||||
| Warrant (right to buy) | $ 24.3 | 01/28/2021 | M | 12,383 | 12/11/2012 | 12/11/2021 | Series B Preferred Stock | 12,383 | $ 0 | 1,383,515 (1) | D | ||||
| Warrant (right to buy) | $ 16.6 | 01/28/2021 | M | 54,396 | 03/27/2013 | 03/27/2022 | Series B Preferred Stock | 54,396 | $ 0 | 1,329,119 (1) | D | ||||
| Warrant (right to buy) | $ 16.8 | 01/28/2021 | M | 17,857 | 03/28/2013 | 03/28/2022 | Series B Preferred Stock | 17,857 | $ 0 | 1,311,262 (1) | D | ||||
| Warrant (right to buy) | $ 28.5 | 01/28/2021 | M | 22,479 | 12/03/2014 | 12/03/2021 | Series B Preferred Stock | 22,479 | $ 0 | 1,288,783 (1) | D | ||||
| Series B Preferred Stock | (2) | 01/28/2021 | M | 8,826 | (2) | (2) | Common Stock | 44,130 | $ 0 | 1,297,609 | D | ||||
| Series B Preferred Stock | (2) | 01/28/2021 | F(3) | 2,088 | (3) | (3) | Common Stock | 10,440 | $ 0 | 1,297,609 | D | ||||
| Series B Preferred Stock | (2) | 01/28/2021 | M | 10,363 | (2) | (2) | Common Stock | 51,815 | $ 0 | 1,349,424 | D | ||||
| Series B Preferred Stock | (2) | 01/28/2021 | F(4) | 2,020 | (2) | (2) | Common Stock | 10,100 | $ 0 | 1,349,424 | D | ||||
| Series B Preferred Stock | (2) | 01/28/2021 | M | 48,335 | (2) | (2) | Common Stock | 241,675 | $ 0 | 1,591,099 | D | ||||
| Series B Preferred Stock | (2) | 01/28/2021 | F(5) | 6,061 | (2) | (2) | Common Stock | 30,305 | $ 0 | 1,591,099 | D | ||||
| Series B Preferred Stock | (2) | 01/28/2021 | M | 15,843 | (2) | (2) | Common Stock | 79,215 | $ 0 | 1,670,314 | D | ||||
| Series B Preferred Stock | (2) | 01/28/2021 | F(6) | 2,014 | (2) | (2) | Common Stock | 10,070 | $ 0 | 1,670,314 | D | ||||
| Series B Preferred Stock | (2) | 01/28/2021 | M | 18,179 | (2) | (2) | Common Stock | 90,895 | $ 0 | 1,761,209 | D | ||||
| Series B Preferred Stock | (2) | 01/28/2021 | F | 4,300 | (2) | (2) | Common Stock | 21,500 | $ 0 | 1,761,209 | D | ||||
| Reporting Owner Name / Address | Relationships | |||
| Director | 10% Owner | Officer | Other | |
| Isaac Jon C/O LIVE VENTURES, INC. 325 EAST WARM SPRINGS ROAD, STE. 102 LAS VEGAS, NV 89119 |
X | X | CEO and President | |
| Isaac Capital Group, LLC 3525 DEL MAR HEIGHTS ROAD SUITE 765 SAN DIEGO, CA 92130 |
X | |||
| Isaac Capital Group LLC, by Jon Isaac, Managing Member /s/ Jon Isaac | 02/11/2021 | |
| **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 Series B Preferred Stock and the underlying shares of common stock are subject to a lock-up agreement with the issuer that expires on December 31, 2021. |
| (2) | Each share of Series B Preferred Stock currently converts into five shares of Live Ventures Incorporated common stock. The Series B Preferred Stock and the underlying shares of common stock are subject to a lock-up agreement with the issuer that expires on December 31, 2021. |
| (3) | On January 28, 2021, Isaac Capital Group (ICG) of which Jon Isaac is the sole member, exercised a warrant to purchase 10,914 shares of Series B Convertible Preferred Stock (Series B Preferred Stock) of Live Ventures Incorporated (Live Ventures) for $28.50 per share. ICG paid the exercise price on a cashless basis, resulting in Live Ventures withholding 2,088 of the warrant shares to pay the exercise price and issuing to ICG the remaining 8,826 shares. Live Ventures also paid $16.39 to ICG in lieu of a fractional share. |
| (4) | On January 28, 2021, Isaac Capital Group (ICG) of which Jon Isaac is the sole member, exercised a warrant to purchase 12,383 shares of Series B Convertible Preferred Stock (Series B Preferred Stock) of Live Ventures Incorporated (Live Ventures) for $24.30 per share. ICG paid the exercise price on a cashless basis, resulting in Live Ventures withholding 2,020 of the warrant shares to pay the exercise price and issuing to ICG the remaining 10,363 shares. Live Ventures also paid $67.05 to ICG in lieu of a fractional share. |
| (5) | On January 28, 2021, Isaac Capital Group (ICG) of which Jon Isaac is the sole member, exercised a warrant to purchase 54,396 shares of Series B Convertible Preferred Stock (Series B Preferred Stock) of Live Ventures Incorporated (Live Ventures) for $16.60 per share. ICG paid the exercise price on a cashless basis, resulting in Live Ventures withholding 6,061 of the warrant shares to pay the exercise price and issuing to ICG the remaining 48,335 shares. Live Ventures also paid $129.63 to ICG in lieu of a fractional share. |
| (6) | On January 28, 2021, Isaac Capital Group (ICG) of which Jon Isaac is the sole member, exercised a warrant to purchase 17,857 shares of Series B Convertible Preferred Stock (Series B Preferred Stock) of Live Ventures Incorporated (Live Ventures) for $16.80 per share. ICG paid the exercise price on a cashless basis, resulting in Live Ventures withholding 2,014 of the warrant shares to pay the exercise price and issuing to ICG the remaining 15,843 shares. Live Ventures also paid $144.53 to ICG in lieu of a fractional share. |
| Remarks: The original Form 4, filed on February 2, 2021, is being amended by this Form 4 amendment solely to correct an administrative error, which misreported the exercise of the warrants using incorrect transaction codes. This Form 4/A reports the correct transaction codes and properly reports the cashless exercise of the warrants as the exercise or conversion of a derivative security exempted pursuant to Rule 16b-3. | |