<SEC-DOCUMENT>0001213900-21-043530.txt : 20210817
<SEC-HEADER>0001213900-21-043530.hdr.sgml : 20210817
<ACCEPTANCE-DATETIME>20210817214530
ACCESSION NUMBER:		0001213900-21-043530
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20210816
FILED AS OF DATE:		20210817
DATE AS OF CHANGE:		20210817

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			BEBEL MICHAEL J
		CENTRAL INDEX KEY:			0001248062

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-38249
		FILM NUMBER:		211184897

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) 601-2505

	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>4
<SEQUENCE>1
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    <issuer>
        <issuerCik>0001491419</issuerCik>
        <issuerName>LiveXLive Media, Inc.</issuerName>
        <issuerTradingSymbol>LIVX</issuerTradingSymbol>
    </issuer>

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            <rptOwnerCik>0001248062</rptOwnerCik>
            <rptOwnerName>BEBEL MICHAEL J</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>C/O LIVEXLIVE MEDIA, INC.,</rptOwnerStreet1>
            <rptOwnerStreet2>269 SOUTH BEVERLY DRIVE, SUITE 1450</rptOwnerStreet2>
            <rptOwnerCity>BEVERLY HILLS</rptOwnerCity>
            <rptOwnerState>CA</rptOwnerState>
            <rptOwnerZipCode>90212</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
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        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>1</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle>Senior EVP</officerTitle>
            <otherText></otherText>
        </reportingOwnerRelationship>
    </reportingOwner>

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                    <value>83378</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>0</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
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            <exerciseDate>
                <footnoteId id="F2"/>
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                <underlyingSecurityTitle>
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    <footnotes>
        <footnote id="F1">Restricted Stock Units convert into Common Stock on a one-for-one basis.</footnote>
        <footnote id="F2">These Restricted Stock Units (the &quot;RSUs&quot;) were granted pursuant to the Reporting Person's Employment Agreement, dated as of January 28, 2019 (the &quot;EA&quot;), and collectively represent the next portion of the unvested RSUs that vested as of August 2021. Each vested RSU was settled by the Issuer on the reported date by delivery to the Reporting Person of one share of the Issuer's common stock. The remaining restricted stock units granted pursuant to the EA vest as provided therein and previously reported on the Reporting Person's Form 4 filed with the U.S. Securities and Exchange Commission on February 8, 2019.</footnote>
        <footnote id="F3">These RSUs were issued by the Issuer to the Reporting Person pursuant to his agreement to accept 50% of his monthly base salary in equity of the Issuer for the period from April 1, 2020 through July 31, 2020. These RSUs vested in August 2021 and were settled by the Issuer on the reported date by delivery to the Reporting Person of one share of the Issuer's common stock.</footnote>
        <footnote id="F4">On the reported date these shares were sold by the Issuer's broker into the open market solely to satisfy the Reporting Person's required tax withholding in connection with the settlement of the RSUs as reported in footnotes 2 and 3. The sale price represents a weighted average price as multiple executions were involved in completing the sale transaction. Additional detail regarding the individual execution prices is available upon request.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ Michael J. Bebel</signatureName>
        <signatureDate>2021-08-17</signatureDate>
    </ownerSignature>
</ownershipDocument>
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</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
