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).
1. Name and Address of Reporting Person*
Isaac Jon

(Last) (First) (Middle)
C/O LIVE VENTURES, INC.
325 EAST WARM SPRINGS ROAD, STE. 102

(Street)
LAS VEGAS NV 89119

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
LIVE VENTURES Inc [ LIVE ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director X 10% Owner
X Officer (give title below) Other (specify below)
CEO and President
3. Date of Earliest Transaction (Month/Day/Year)
01/28/2021
4. If Amendment, Date of Original Filed (Month/Day/Year)
02/01/2021
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
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) $28.5 01/28/2021 M 10,914 09/10/2012 09/10/2021 Series B Preferred Stock 10,914 $0.00 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 $0.00 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 $0.00 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 $0.00 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 $0.00 1,288,783(1) D
Series B Preferred Stock (2) 01/28/2021 M 8,826 (2) (2) Common Stock 44,130 $0.00 1,297,609 D
Series B Preferred Stock (2) 01/28/2021 F(3) 2,088 (3) (3) Common Stock 10,440 $0.00 1,297,609 D
Series B Preferred Stock (2) 01/28/2021 M 10,363 (2) (2) Common Stock 51,815 $0.00 1,349,424 D
Series B Preferred Stock (2) 01/28/2021 F(4) 2,020 (2) (2) Common Stock 10,100 $0.00 1,349,424 D
Series B Preferred Stock (2) 01/28/2021 M 48,335 (2) (2) Common Stock 241,675 $0.00 1,591,099 D
Series B Preferred Stock (2) 01/28/2021 F(5) 6,061 (2) (2) Common Stock 30,305 $0.00 1,591,099 D
Series B Preferred Stock (2) 01/28/2021 M 15,843 (2) (2) Common Stock 79,215 $0.00 1,670,314 D
Series B Preferred Stock (2) 01/28/2021 F(6) 2,014 (2) (2) Common Stock 10,070 $0.00 1,670,314 D
Series B Preferred Stock (2) 01/28/2021 M 18,179 (2) (2) Common Stock 90,895 $0.00 1,761,209 D
Series B Preferred Stock (2) 01/28/2021 F 4,300 (2) (2) Common Stock 21,500 $0.00 1,761,209 D
1. Name and Address of Reporting Person*
Isaac Jon

(Last) (First) (Middle)
C/O LIVE VENTURES, INC.
325 EAST WARM SPRINGS ROAD, STE. 102

(Street)
LAS VEGAS NV 89119

(City) (State) (Zip)
1. Name and Address of Reporting Person*
Isaac Capital Group, LLC

(Last) (First) (Middle)
3525 DEL MAR HEIGHTS ROAD
SUITE 765

(Street)
SAN DIEGO CA 92130

(City) (State) (Zip)
Explanation of Responses:
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.
Isaac Capital Group LLC, by Jon Isaac, Managing Member /s/ Jon Isaac 02/11/2021
** Signature of Reporting Person Date
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