Director Arani awarded 22,266 RSUs at LiveOne (LVO)
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Arani Ramin reported acquisition or exercise transactions in this Form 4 filing.
LiveOne, Inc. director Ramin Arani reported receiving a grant of 22,266 Restricted Stock Units (RSUs) as director fees for serving on the board from October 1, 2024 to September 30, 2025. The RSUs vest on March 31, 2026, if he continues serving on the board through that date.
Each RSU represents a contingent right to receive either one share of LiveOne common stock or the cash value of a share, as determined by the board under the company’s 2016 Equity Incentive Plan. Settlement can be deferred until Arani leaves the board or up to five years after vesting.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Arani Ramin
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 22,266 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 22,266 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did LiveOne (LVO) director Ramin Arani report?
LiveOne director Ramin Arani reported receiving 22,266 Restricted Stock Units as a grant. These RSUs were awarded as director fees for his board service from October 1, 2024 to September 30, 2025, with terms tied to continued service and future vesting.
How many Restricted Stock Units did Ramin Arani receive from LiveOne (LVO)?
Ramin Arani received 22,266 Restricted Stock Units from LiveOne. The award represents his director fees for a one-year service period on the board, and all 22,266 RSUs were reported as directly owned following the transaction in the Form 4 filing.
When do Ramin Arani’s LiveOne (LVO) RSUs vest?
The 22,266 Restricted Stock Units granted to Ramin Arani vest on March 31, 2026. Vesting is conditioned on his continued service on LiveOne’s board of directors through that vesting date, aligning the award with ongoing governance responsibilities.
What can Ramin Arani receive upon settlement of his LiveOne (LVO) RSUs?
Each RSU entitles Ramin Arani to one share of LiveOne common stock or its cash value. The board decides whether settlement is in cash, stock, or a combination, under the terms of LiveOne’s 2016 Equity Incentive Plan, as amended.
Can Ramin Arani defer settlement of his LiveOne (LVO) RSUs?
Yes. Ramin Arani may defer settlement of his RSUs until he is no longer on the board or up to five years after the vesting date. This deferral option provides flexibility in timing when he actually receives stock or cash value.
What service period do the LiveOne (LVO) RSUs granted to Ramin Arani cover?
The RSUs granted to Ramin Arani compensate him for service on LiveOne’s board from October 1, 2024 to September 30, 2025. This aligns the equity award directly with a defined one-year director service period, as described in the Form 4 footnote.