Filing Details
- Accession Number:
- 0001179110-12-013448
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2012-08-29 16:01:44
- Reporting Period:
- 2012-08-27
- Filing Date:
- 2012-08-29
- Accepted Time:
- 2012-08-29 16:01:44
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1335258 | Live Nation Entertainment Inc. | LYV | Services-Amusement & Recreation Services (7900) | 203247759 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1286512 | Irving Azoff | C/O Live Nation Entertainment, Inc. 9348 Civic Center Drive Beverly Hills CA 90210 | Executive Chairman | Yes | Yes | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock | Acquisiton | 2012-08-27 | 150,000 | $0.00 | 467,567 | No | 4 | A | Direct | |
| Common Stock | Disposition | 2012-08-27 | 39,100 | $8.66 | 3,221,860 | No | 4 | S | Indirect | See Footnote |
| Common Stock | Disposition | 2012-08-28 | 39,100 | $8.72 | 3,182,760 | No | 4 | S | Indirect | See Footnote |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | A | Direct | |
| No | 4 | S | Indirect | See Footnote |
| No | 4 | S | Indirect | See Footnote |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Stock Option (buy) | Acquisiton | 2012-08-27 | 500,000 | $0.00 | 500,000 | $8.71 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 500,000 | 2022-08-27 | No | 4 | A | Direct |
Footnotes
- Reporting person received the award under the Ticketmaster Entertainment, Inc. Amended and Restated 2008 Stock and Annual Incentive Plan (as assumed by Live Nation Entertainment, Inc.).
- Represents a restricted stock award. If certain financial and/or operational performance targets specified by the Company's Compensation Committee are achieved, the award will vest 25% per year for four years.
- The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 15, 2012.
- This transaction was executed in multiple trades at prices ranging from $8.57 to $8.78. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
- Irving Azoff's indirect beneficial ownership includes shares held by Irving Azoff and Rochelle Azoff as Co-Trustees of the Azoff Family Trust of 1997 of which Mr. Azoff is a trustee, but not a beneficiary.
- This transaction was executed in multiple trades at prices ranging from $8.64 to $8.80. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
- Only vested shares may be exercised. These options will vest in four equal annual installments on the first, second, third and fourth anniversaries of the grant date.
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