SEC Form 4
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)
3525 DEL MAR HEIGHTS ROAD, SUITE 765

(Street)
SAN DIEGO, CA 92130

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
LIVEDEAL 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, CFO and President
3. Date of Earliest Transaction (Month/Day/Year)
10/23/2014
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
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)
Code V Amount (A) or (D) Price
Common Stock, par value $0.001 per share 10/23/2014 P 25,000 A $3.02 8,228,245 D
Common Stock, par value $0.001 per share 10/23/2014 P 25,000 A $3.04 8,253,245 D
Common Stock, par value $0.001 per share 10/23/2014 P 25,000 A $3.055 8,278,245 D
Common Stock, par value $0.001 per share 10/23/2014 P 25,000 A $3.12 8,303,245 D
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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option (Right to Buy) $0.5533 01/15/2013 A 450,000 01/15/2014 01/14/2023 Common Stock 450,000 (3) 450,000 D
Stock Option (Right to Buy) $0.8333 01/15/2013 A 450,000 (1) 01/14/2023 Common Stock 450,000 (3) 450,000 D
Stock Option (Right to Buy) $1.11 01/15/2013 A 450,000 (2) 01/14/2023 Common Stock 450,000 (3) 450,000 D
Explanation of Responses:
1. The option vests and becomes exercisable on January 26, 2015.
2. The option vests and becomes exercisable on January 26, 2016.
3. The options were issued under the Company's incentive plan. There was no consideration paid for the issuance.
Remarks:
The transaction reported in this Table I was effected by Mr. Jon Isaac for his own personal account. The amount of securities beneficially owned in Column 5, includes those 4,706,460 shares of common stock and 3,496,788 warrants beneficially owned by Mr. Isaac, as the sole member of Isaac Capital Group LLC. For the purposes of this form, "beneficial ownership" has the referred to such term in Rule 16a-1(a)(2) of the Securities Exchange Act Rules of 1934, as amended. In Table II, the exercise price and number of securities acquired reflects a 3-for-1 forward stock split effected by the Company on February 11, 2014
/s/ Jon Isaac 10/23/2014
** 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).
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