Filing Details
- Accession Number:
- 0001335258-17-000145
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2017-12-01 18:21:54
- Reporting Period:
- 2017-11-29
- Accepted Time:
- 2017-12-01 18:21:54
- 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 |
|---|---|---|---|---|---|---|---|
| 1337041 | Michael Rapino | C/O Live Nation Entertainment, Inc. 9348 Civic Center Drive Beverly Hills CA 90210 | President & Ceo | 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 | 2017-11-29 | 70,000 | $2.75 | 115,277 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2017-11-29 | 70,000 | $46.28 | 45,277 | No | 4 | S | Direct | |
| Common Stock | Acquisiton | 2017-11-30 | 70,000 | $2.75 | 115,277 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2017-11-30 | 70,000 | $45.48 | 45,277 | No | 4 | S | Direct | |
| Common Stock | Acquisiton | 2017-12-01 | 70,000 | $2.75 | 115,277 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2017-12-01 | 70,000 | $45.02 | 45,277 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | S | Direct | |
| No | 4 | M | Direct | |
| No | 4 | S | Direct | |
| No | 4 | M | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Stock Option (buy) | Disposition | 2017-11-29 | 70,000 | $0.00 | 70,000 | $2.75 |
| Common Stock | Stock Option (buy) | Disposition | 2017-11-30 | 70,000 | $0.00 | 70,000 | $2.75 |
| Common Stock | Stock Option (buy) | Disposition | 2017-12-01 | 70,000 | $0.00 | 70,000 | $2.75 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 1,930,000 | 2019-03-17 | No | 4 | M | Direct | |
| 1,860,000 | 2019-03-17 | No | 4 | M | Direct | |
| 1,790,000 | 2019-03-17 | No | 4 | M | Direct |
Footnotes
- MR. RAPINO HELD A TOTAL OF 7,920,479 SHARES AND STOCK OPTIONS, INCLUDING BOTH VESTED AND UNVESTED SHARES/STOCK OPTIONS, AS OF NOVEMBER 7, 2017. MR. RAPINO CURRENTLY PLANS TO SYSTEMATICALLY SELL CERTAIN SHARES (INCLUDING SHARES ACQUIRED UPON EXERCISE OF STOCK OPTIONS) IN NOVEMBER AND DECEMBER OF 2017 IN ORDER TO DIVERSIFY HIS PORTFOLIO AND FOR TAX PLANNING PURPOSES. THE SECURITIES REPORTED AS SOLD ON THIS FORM 4 REPRESENT APPROXIMATELY 3% OF THE SHARES AND STOCK OPTIONS HELD BY MR. RAPINO ON NOVEMBER 7, 2017, IMMEDIATELY PRIOR TO THE COMMENCEMENT OF THE PLANNED SELLING ACTIVITY.
- This transaction was executed in multiple trades at prices ranging from $45.60 to $46.98. The price reported 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.
- This transaction was executed in multiple trades at prices ranging from $45.09 to $46.15. The price reported 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.
- This transaction was executed in multiple trades at prices ranging from $44.37 to $46.02. The price reported 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.
- The reporting person received the stock options on March 17, 2009 pursuant to award under the Live Nation Entertainment, Inc. 2005 Stock Incentive Plan, as amended and restated, and the stock options vested in five equal installments on March 17, 2010, 2011, 2012, 2013 and 2014.
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