SEC Info - Isaac Jon, et al. - ‘4/A’ for 1/28/21 re: Live Ventures Inc.

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

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)
1/28/21

4. If Amendment, Date of Original Filed (Month/Day/Year)
2/1/21

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Warrant (right to buy)	$28.5	1/28/21		M			10,914	9/10/12	9/10/21	Series B Preferred Stock	10,914	$0.00	1,395,898 ⁽¹⁾	D
Warrant (right to buy)	$24.3	1/28/21		M			12,383	12/11/12	12/11/21	Series B Preferred Stock	12,383	$0.00	1,383,515 ⁽¹⁾	D
Warrant (right to buy)	$16.6	1/28/21		M			54,396	3/27/13	3/27/22	Series B Preferred Stock	54,396	$0.00	1,329,119 ⁽¹⁾	D
Warrant (right to buy)	$16.8	1/28/21		M			17,857	3/28/13	3/28/22	Series B Preferred Stock	17,857	$0.00	1,311,262 ⁽¹⁾	D
Warrant (right to buy)	$28.5	1/28/21		M			22,479	12/3/14	12/3/21	Series B Preferred Stock	22,479	$0.00	1,288,783 ⁽¹⁾	D
Series B Preferred Stock	⁽²⁾	1/28/21		M		8,826		⁽²⁾	⁽²⁾	Common Stock	44,130	$0.00	1,297,609	D
Series B Preferred Stock	⁽²⁾	1/28/21		F ⁽³⁾			2,088	⁽³⁾	⁽³⁾	Common Stock	10,440	$0.00	1,297,609	D
Series B Preferred Stock	⁽²⁾	1/28/21		M		10,363		⁽²⁾	⁽²⁾	Common Stock	51,815	$0.00	1,349,424	D
Series B Preferred Stock	⁽²⁾	1/28/21		F ⁽⁴⁾			2,020	⁽²⁾	⁽²⁾	Common Stock	10,100	$0.00	1,349,424	D
Series B Preferred Stock	⁽²⁾	1/28/21		M		48,335		⁽²⁾	⁽²⁾	Common Stock	241,675	$0.00	1,591,099	D
Series B Preferred Stock	⁽²⁾	1/28/21		F ⁽⁵⁾			6,061	⁽²⁾	⁽²⁾	Common Stock	30,305	$0.00	1,591,099	D
Series B Preferred Stock	⁽²⁾	1/28/21		M		15,843		⁽²⁾	⁽²⁾	Common Stock	79,215	$0.00	1,670,314	D
Series B Preferred Stock	⁽²⁾	1/28/21		F ⁽⁶⁾			2,014	⁽²⁾	⁽²⁾	Common Stock	10,070	$0.00	1,670,314	D
Series B Preferred Stock	⁽²⁾	1/28/21		M		18,179		⁽²⁾	⁽²⁾	Common Stock	90,895	$0.00	1,761,209	D
Series B Preferred Stock	⁽²⁾	1/28/21		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

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

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	2/11/21
	** 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

____________ Transaction Codes:
F	Payment of exercise price or tax liability by delivering or withholding securities incident to the receipt, exercise or vesting of a security issued in accordance with Rule 16b-3.
M	Exercise or conversion of derivative security exempted pursuant to Rule 16b-3.

Isaac Jon, et al. – ‘4/A’ for 1/28/21 re: Live Ventures Inc.

On: Thursday, 2/11/21, at 4:17pm ET · For: 1/28/21 · Accession #: 1209191-21-9658 · File #: 1-33937

Previous ‘4’: ‘4’ on 2/1/21 for 1/28/21 · Next: ‘4’ on 8/23/21 for 8/19/21 · Latest: ‘4’ on 8/17/22 for 8/15/22

Amendment to Statement of Changes in Beneficial Ownership of Securities by an Insider — Form 4 — SEA’34
Filing Table of Contents

This ‘4/A’ Document is an XML Data File that may be rendered in various formats:

Isaac Jon, et al. – ‘4/A’ for 1/28/21 re: Live Ventures Inc.

On: Thursday, 2/11/21, at 4:17pm ET · For: 1/28/21 · Accession #: 1209191-21-9658 · File #: 1-33937

Previous ‘4’: ‘4’ on 2/1/21 for 1/28/21 · Next: ‘4’ on 8/23/21 for 8/19/21 · Latest: ‘4’ on 8/17/22 for 8/15/22

Amendment to Statement of Changes in Beneficial Ownership of Securities by an Insider — Form 4 — SEA’34Filing Table of Contents

This ‘4/A’ Document is an XML Data File that may be rendered in various formats:

Amendment to Statement of Changes in Beneficial Ownership of Securities by an Insider — Form 4 — SEA’34
Filing Table of Contents