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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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*
Penz Denise M.

(Last) (First) (Middle)
C/O LOOP MEDIA, INC.
2600 OLIVE AVENUE WEST, 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 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
12/14/2023
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
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 12/14/2023 M(1) 316,666 A $0.8 573,002 D
Common Stock 12/14/2023 M(1) 65,096 A $0.8 638,098 D
Common Stock 12/14/2023 M(1) 61,570 A $0.8 699,668 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
Warrant (right to buy) $2.25 12/14/2023 D(2) 316,666 09/03/2020 03/11/2030 Common Stock 316,666 $0 0 D
Warrant (right to buy) $0.8 12/14/2023 A(2) 316,666 09/03/2020 03/11/2030 Common Stock 316,666 $0 316,666 D
Warrant (right to buy) $0.8 12/14/2023 M(1) 316,666 09/03/2020 03/11/2030 Common Stock 316,666 $0 0 D
Warrant (right to buy) $5.25 12/14/2023 D(3) 65,096 04/25/2022 04/25/2025 Common Stock 65,096 $0 0 D
Warrant (right to buy) $0.8 12/14/2023 A(3) 65,096 04/25/2022 04/25/2025 Common Stock 65,096 $0 65,096 D
Warrant (right to buy) $0.8 12/14/2023 M(1) 65,096 04/25/2022 04/25/2025 Common Stock 65,096 $0 0 D
Warrant (right to buy) $5.25 12/14/2023 D(3) 61,570 07/29/2022 07/29/2025 Common Stock 61,570 $0 0 D
Warrant (right to buy) $0.8 12/14/2023 A(3) 61,570 07/29/2022 07/29/2025 Common Stock 61,570 $0 61,570 D
Warrant (right to buy) $0.8 12/14/2023 M(1) 61,570 07/29/2022 07/29/2025 Common Stock 61,570 $0 0 D
Explanation of Responses:
1. The shares of Common Stock were acquired upon the exercise of a warrant at a per share exercise price of $0.80.
2. The warrant was repriced pursuant to a Warrant Reprice Letter Agreement effective December 14, 2023, between Denise Penz and the Issuer, to decrease the per share exercise price of the warrant from $2.25 to $0.80.
3. The warrant was repriced pursuant to a Warrant Reprice Letter Agreement effective December 14, 2023, between Denise Penz and the Issuer, to decrease the per share exercise price of the warrant from $5.25 to $0.80.
/s/ Joanne Lytle, Attorney-in Fact for Denise Penz 12/18/2023
** 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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