Sec Form 4/A Filing - Garrido Maria D @ LiveXLive Media, Inc. - 2021-06-14

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FORM 4/A
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Garrido Maria D
2. Issuer Name and Ticker or Trading Symbol
LiveXLive Media, Inc. [ LIVX]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director _____ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last) (First) (Middle)
C/O LIVEXLIVE MEDIA, INC.,, 269 SOUTH BEVERLY DRIVE, SUITE 1450
3. Date of Earliest Transaction (MM/DD/YY)
06/14/2021
(Street)
BEVERLY HILLS, CA90212
4. If Amendment, Date Original Filed (MM/DD/YY)
06/16/2021
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 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
(MM/DD/YY)
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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units ( 2 ) 12/29/2020( 1 ) A 21,953 ( 2 ) ( 2 ) Common Stock, $0.001 par value 21,953 $ 0 21,953 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Garrido Maria D
C/O LIVEXLIVE MEDIA, INC.,
269 SOUTH BEVERLY DRIVE, SUITE 1450
BEVERLY HILLS, CA90212
X
Signatures
/s/ Maria D. Garrido 07/09/2021
Signature of Reporting Person Date
Explanation of Responses:
( 1 )The Form 4 filed by the Reporting Person on June 16, 2021 representing a grant of restricted stock units of the Issuer ("RSUs") as part of the Issuer's director compensation program erroneously reported a grant of 29,032 RSUs to the Reporting Person on June 14, 2021. The actual number of RSUs granted to the Reporting Person is 21,953 and was granted on December 29, 2020 and reported on a Form 3 filed by the Reporting Person on January 7, 2021. The purpose of this amended Form 4 is to correctly reflect the actual number of RSUs originally granted on December 29, 2020 in Table II as the Reporting Person did not receive additional RSUs as fees for her services on the Issuer's board of directors (the "Board").
( 2 )The Restricted Stock Units (the "RSUs") were granted to the Reporting Person as director fees for service on the Board for the period from December 29, 2020 to September 30, 2021. The RSUs shall vest on October 31, 2021 (the "Vesting Date"), subject to the Reporting Person's continued service on the Board through the Vesting Date. Each RSU represents a contingent right to receive one share of the Issuer's common stock or the cash value thereof. The Board, in its sole discretion, will determine in accordance with the terms and conditions of the Issuer's 2016 Equity Incentive Plan, as amended, the form of payout of the RSUs (cash and/or stock).

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* 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).

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