Filing Details

Accession Number:
0001335258-21-000017
Form Type:
4
Zero Holdings:
No
Publication Time:
2021-03-05 19:36:23
Reporting Period:
2021-03-03
Accepted Time:
2021-03-05 19:36:23
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
1552281 Joe Berchtold C/O Live Nation Entertainment, Inc.
9348 Civic Center Drive
Beverly Hills CA 90210
President No 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 2021-03-03 85,000 $11.69 915,769 No 4 M Direct
Common Stock Disposition 2021-03-03 79,725 $91.77 836,044 No 4 S Direct
Common Stock Disposition 2021-03-03 5,275 $92.21 830,769 No 4 S Direct
Common Stock Acquisiton 2021-03-04 32,300 $11.69 863,069 No 4 M Direct
Common Stock Acquisiton 2021-03-04 52,700 $20.90 915,769 No 4 M Direct
Common Stock Disposition 2021-03-04 22,658 $89.56 893,111 No 4 S Direct
Common Stock Disposition 2021-03-04 32,643 $90.53 860,468 No 4 S Direct
Common Stock Disposition 2021-03-04 16,015 $91.26 844,453 No 4 S Direct
Common Stock Disposition 2021-03-04 13,684 $92.63 830,769 No 4 S Direct
Common Stock Acquisiton 2021-03-05 85,000 $20.90 915,769 No 4 M Direct
Common Stock Disposition 2021-03-05 37,725 $88.06 878,044 No 4 S Direct
Common Stock Disposition 2021-03-05 33,388 $88.93 844,656 No 4 S Direct
Common Stock Disposition 2021-03-05 11,504 $89.82 833,152 No 4 S Direct
Common Stock Disposition 2021-03-05 2,383 $91.19 830,769 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
No 4 S Direct
No 4 M Direct
No 4 M Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 M Direct
No 4 S Direct
No 4 S Direct
No 4 S 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 2021-03-03 85,000 $0.00 85,000 $11.69
Common Stock Stock Option (buy) Disposition 2021-03-04 32,300 $0.00 32,300 $11.69
Common Stock Stock Option (buy) Disposition 2021-03-04 52,700 $0.00 52,700 $20.90
Common Stock Stock Option (buy) Disposition 2021-03-05 85,000 $0.00 85,000 $20.90
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
32,300 2023-03-13 No 4 M Direct
0 2023-03-13 No 4 M Direct
697,300 2024-01-15 No 4 M Direct
612,300 2024-01-15 No 4 M Direct
Footnotes
  1. The options exercised by Mr. Berchtold represent 12% of the intrinsic value of his total holdings (including both vested and unvested shares and stock options) based on the closing price of our stock on March 2, 2021 of $90.57, prior to any sales. Mr. Berchtold has sold 85,000 shares on each of March 3rd, March 4th and March 5th for estate planning purposes. Following the sale transactions reported on this Form 4, Mr. Berchtold continues to hold 1,715.890 shares and stock options, including both vested and unvested shares and stock options.
  2. This transaction was executed in multiple trades at prices ranging from $91.19 to $92.17. 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.
  3. This transaction was executed in multiple trades at prices ranging from $92.20 to $92.26. 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.
  4. This transaction was executed in multiple trades at prices ranging from $89.00 to $89.95. 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.
  5. This transaction was executed in multiple trades at prices ranging from $90.01 to $91.00. 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.
  6. This transaction was executed in multiple trades at prices ranging from $91.01 to $91.70. 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.
  7. This transaction was executed in multiple trades at prices ranging from $92.10 to $92.96. 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.
  8. This transaction was executed in multiple trades at prices ranging from $87.53 to $88.50. 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.
  9. This transaction was executed in multiple trades at prices ranging from $88.54 to $89.53. 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.
  10. This transaction was executed in multiple trades at prices ranging from $89.54 to $90.44. 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.
  11. This transaction was executed in multiple trades at prices ranging from $90.58 to $91.37. 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.
  12. The reporting person received the stock options on March 13, 2013 pursuant to an award under the Amended and Restated Ticketmaster Entertainment, Inc. 2008 Stock and Annual Incentive Plan. These options vested in two equal installments on March 31, 2014 and 2015.
  13. The reporting person received the stock options on January 15, 2014 pursuant to an award under the Amended and Restated Ticketmaster Entertainment, Inc. 2008 Stock and Annual Incentive Plan. The options vested in four equal installments on January 15, 2015, 2016, 2017 and 2018.