Filing Details
- Accession Number:
- 0001335258-21-000031
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2021-03-12 19:46:50
- Reporting Period:
- 2021-03-10
- Accepted Time:
- 2021-03-12 19:46:50
- 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 | 2021-03-10 | 85,000 | $20.90 | 955,969 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2021-03-10 | 85,000 | $87.83 | 870,969 | No | 4 | S | Direct | |
| Common Stock | Acquisiton | 2021-03-11 | 85,000 | $20.90 | 955,969 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2021-03-11 | 60,780 | $88.74 | 895,189 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2021-03-11 | 24,220 | $89.07 | 870,969 | No | 4 | S | Direct | |
| Common Stock | Acquisiton | 2021-03-12 | 85,000 | $20.90 | 955,969 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2021-03-12 | 37,494 | $87.41 | 918,475 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2021-03-12 | 45,417 | $88.15 | 873,058 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2021-03-12 | 2,089 | $88.91 | 870,969 | 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 | S | Direct | |
| No | 4 | M | 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 | 2021-03-10 | 85,000 | $0.00 | 85,000 | $20.90 |
| Common Stock | Stock Option (buy) | Disposition | 2021-03-11 | 85,000 | $0.00 | 85,000 | $20.90 |
| Common Stock | Stock Option (buy) | Disposition | 2021-03-12 | 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 |
|---|---|---|---|---|---|---|
| 527,300 | 2024-01-15 | No | 4 | M | Direct | |
| 442,300 | 2024-01-15 | No | 4 | M | Direct | |
| 357,300 | 2024-01-15 | No | 4 | M | Direct |
Footnotes
- The options exercised by Mr. Berchtold represent 13% 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 9, 2021 of $87.26, prior to any sales. Mr. Berchtold has sold 85,000 shares on each of March 10th, March 11th and March 12th for estate planning purposes. Following the sale transactions reported on this Form 4, Mr. Berchtold continues to hold 1,501,090 shares and stock options, including both vested and unvested shares and stock options.
- This transaction was executed in multiple trades at prices ranging from $87.59 to $88.30. 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 $87.95 to $88.94. 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 $88.95 to $89.27. 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 $86.83 to $87.82. 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 $87.83 to $88.80. 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 $88.84 to $89.00. 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.
- 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.
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