SEC Form 4
FORM 4 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
or Section 30(h) of the Investment Company Act of 1940
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X
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
  
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
NIERMANN JON M

(Last) (First) (Middle)
C/O LOOP MEDIA, INC.
2600 WEST OLIVE AVENUE, SUITE 5470

(Street)
BURBANK CA 91505

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Loop Media, Inc. [ LPTV ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director X 10% Owner
X Officer (give title below) Other (specify below)
Chief Executive Officer
3. Date of Earliest Transaction (Month/Day/Year)
10/19/2022
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
Form filed by One Reporting Person
X Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 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
Common Stock 10/19/2022 G 6,666,666 D $0(1) 1(1) I By Pioneer Productions, LLC(2)
Common Stock 6,666,666(1) I By the Jon Maxwell Niermann Living Trust(2)
Common Stock 350,000(3) D
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 (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 Securities Underlying Derivative Security (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: 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
1. Name and Address of Reporting Person*
NIERMANN JON M

(Last) (First) (Middle)
C/O LOOP MEDIA, INC.
2600 WEST OLIVE AVENUE, SUITE 5470

(Street)
BURBANK CA 91505

(City) (State) (Zip)
1. Name and Address of Reporting Person*
PIONEER PRODUCTIONS LLC

(Last) (First) (Middle)
C/O LOOP MEDIA, INC.
2600 WEST OLIVE AVENUE, SUITE 5470

(Street)
BURBANK CA 91505

(City) (State) (Zip)
Explanation of Responses:
1. On October 19, 2022, Pioneer Productions, LLC, of which the Reporting Person is the Sole Manager, transferred, for no consideration, 6,666,666 shares of the Issuer's common stock to the Jon Maxwell Niermann Living Trust (the "Niermann Trust"), of which the Reporting Person is the Trustee, and members of Reporting Person's immediate family are the sole beneficiaries of the Niermann Trust. Reporting Person remains the beneficial owner of the securities held by the Niermann Trust.
2. Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose.
3. Includes 262,500 shares of common stock underlying unvested restricted stock units.
Remarks:
As of October 19, 2022, Pioneer Productions, LLC, is no longer subject to Section 16 of the Securities Exchange Act of 1934 in connection with transactions in the securities of Loop Media, Inc., and therefore will no longer report any such transactions on Form 4 or Form 5.
/s/ Joanne Lytle, Attorney-in Fact for Jon Niermann 10/06/2023
/s/ Joanne Lytle, Attorney-in Fact for Pioneer Productions, LLC 10/06/2023
** Signature of Reporting Person Date
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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