BRUCE A. CASSIDY 2013 IRREVOCABLE TRUST sold 47.7% of their position (10M shares) of LOOP MEDIA, INC. on the open market
Open‑market sale worth $15.00M — a major position exit. Review remaining holdings and any 10b5‑1 plan disclosures.
S · 1 sale
Filed: 4/13/2022ACC: 0000905718-22-000599
10% Owner
Since Nov 2019
+9.80M
Net shares
Net buyer
$15.00M
Total sold
1
Open market trades
0B · 1S
3
Total transactions
20M acquired · 10.20M disposed
Non-Derivative Transactions2
Common Stock
Direct
Shares
+20M
Price / share
—
Trade value
—
% of position
2046.2%
3/18/2022
977.42K→20.98M
Common Stock
Direct
Shares
−10M
Price / share
$1.50
Trade value
$15M
% of position
47.7%
4/11/2022
20.98M→10.98M
Total
Net shares
+10M
Net value
-$15M
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock Direct | 3/18/2022 | C · Conversion | +20M | — | — | 2046.2% | 977.42K | 20.98M |
| Common Stock Direct | 4/11/2022 | S · Sale | −10M | $1.50 | $15M | 47.7% | 20.98M | 10.98M |
| Total | +10M | -$15M | ||||||
Derivative Transactions1
Series B Preferred Stock
Direct
Converts to
Common Stock
20M shares
Shares
−200K
Strike price
Held after
0.00
Exercisable
—
3/18/2022
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Series B Preferred Stock Direct | Common Stock20M shares | 3/18/2022 | C · Conversion | −200K | — | 0.00 |