<SEC-DOCUMENT>0001213900-20-041437.txt : 20201207
<SEC-HEADER>0001213900-20-041437.hdr.sgml : 20201207
<ACCEPTANCE-DATETIME>20201207210018
ACCESSION NUMBER:		0001213900-20-041437
CONFORMED SUBMISSION TYPE:	3
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20201130
FILED AS OF DATE:		20201207
DATE AS OF CHANGE:		20201207

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			QUARTIERI MICHAEL
		CENTRAL INDEX KEY:			0001441431

	FILING VALUES:
		FORM TYPE:		3
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-38249
		FILM NUMBER:		201374192

	MAIL ADDRESS:	
		STREET 1:		C/O SCIENTIFIC GAMES CORPORATION
		STREET 2:		6601 BERMUDA ROAD
		CITY:			LAS VEGAS
		STATE:			NV
		ZIP:			89119

	FORMER NAME:	
		FORMER CONFORMED NAME:	QUARTIERI MICHAEL ALAN
		DATE OF NAME CHANGE:	20080729

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			LiveXLive Media, Inc.
		CENTRAL INDEX KEY:			0001491419
		STANDARD INDUSTRIAL CLASSIFICATION:	RETAIL-EATING PLACES [5812]
		IRS NUMBER:				980657263
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			0331

	BUSINESS ADDRESS:	
		STREET 1:		9200 SUNSET BOULEVARD
		STREET 2:		SUITE #1201
		CITY:			WEST HOLLYWOOD
		STATE:			CA
		ZIP:			90069
		BUSINESS PHONE:		(310) 601-2500

	MAIL ADDRESS:	
		STREET 1:		9200 SUNSET BOULEVARD
		STREET 2:		SUITE #1201
		CITY:			WEST HOLLYWOOD
		STATE:			CA
		ZIP:			90069

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	LOTON, CORP
		DATE OF NAME CHANGE:	20100507
</SEC-HEADER>
<DOCUMENT>
<TYPE>3
<SEQUENCE>1
<FILENAME>ownership.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0206</schemaVersion>

    <documentType>3</documentType>

    <periodOfReport>2020-11-30</periodOfReport>

    <noSecuritiesOwned>0</noSecuritiesOwned>

    <issuer>
        <issuerCik>0001491419</issuerCik>
        <issuerName>LiveXLive Media, Inc.</issuerName>
        <issuerTradingSymbol>LIVX</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001441431</rptOwnerCik>
            <rptOwnerName>QUARTIERI MICHAEL</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>C/O LIVEXLIVE MEDIA, INC.,</rptOwnerStreet1>
            <rptOwnerStreet2>9200 SUNSET BOULEVARD, SUITE #1201</rptOwnerStreet2>
            <rptOwnerCity>WEST HOLLYWOOD</rptOwnerCity>
            <rptOwnerState>CA</rptOwnerState>
            <rptOwnerZipCode>90069</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>1</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle>CFO, EVP &amp; Secretary</officerTitle>
            <otherText></otherText>
        </reportingOwnerRelationship>
    </reportingOwner>

    <derivativeTable>
        <derivativeHolding>
            <securityTitle>
                <value>Restricted Stock Units</value>
                <footnoteId id="F1"/>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>0</value>
            </conversionOrExercisePrice>
            <exerciseDate>
                <footnoteId id="F2"/>
                <footnoteId id="F3"/>
            </exerciseDate>
            <expirationDate>
                <footnoteId id="F2"/>
                <footnoteId id="F3"/>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock, $0.001 par value</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>500000</value>
                    <footnoteId id="F2"/>
                    <footnoteId id="F3"/>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeHolding>
    </derivativeTable>

    <footnotes>
        <footnote id="F1">The Restricted Stock Units (the &quot;RSUs&quot;) reported herein were granted to the Reporting Person on November 30, 2020 pursuant to his Employment Agreement (the &quot;Employment Agreement&quot;), dated as of November 16, 2020 and effective as of November 30, 2020 (the &quot;Effective Date&quot;).</footnote>
        <footnote id="F2">250,000 of the RSUs (the &quot;First RSUs Tranche&quot;) shall vest during the first open trading window under the Issuer's Insider Trading Policy which occurs after the 1st anniversary of the Effective Date (anticipated to be on or about November 16, 2021) (the &quot;Initial Vesting Date&quot;) and the remainder of 250,000 of the RSUs (the &quot;Second RSUs Tranche&quot;) shall vest upon each of the first four quarterly anniversaries of the Initial Vesting Date with the last vesting date being the two-year anniversary of the Effective Date (each a &quot;Subsequent Vesting Date&quot; and together with the Initial Vesting Date, each a &quot;Vesting Date&quot;), (continued to Footnote 3)</footnote>
        <footnote id="F3">(continued from Footnote 2) subject to the Reporting Person's continued employment with the Issuer through the applicable Vesting Date and subject to earlier vesting upon a Change of Control (as defined in the Employment Agreement) and other conditions as set forth in the Employment Agreement. Each vested RSU shall be settled by delivery to the Reporting Person of one share of the Issuer's common stock on the first to occur of: (i) the date of a Change of Control, (ii) promptly after the applicable Vesting Date, (iii) the date of the Reporting Person's death and (iv) the date of the Reporting Person's disability.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ Michael Quartieri</signatureName>
        <signatureDate>2020-12-07</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
