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Filing Details

Accession Number:: 0001335258-22-000137
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2022-09-16 21:15:29
Reporting Period:: 2022-09-14

Accepted Time:: 2022-09-16 21:15:29
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

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Common Stock	Acquisiton	2022-09-14	100,000	$8.77	3,767,273	No	4	M	Direct
Common Stock	Disposition	2022-09-14	15,100	$89.08	3,752,173	No	4	S	Direct
Common Stock	Disposition	2022-09-14	7,690	$90.04	3,744,483	No	4	S	Direct
Common Stock	Disposition	2022-09-14	39,890	$91.10	3,704,593	No	4	S	Direct
Common Stock	Disposition	2022-09-14	15,320	$92.14	3,689,273	No	4	S	Direct
Common Stock	Acquisiton	2022-09-15	100,000	$8.77	3,789,273	No	4	M	Direct
Common Stock	Disposition	2022-09-15	41,872	$92.15	3,747,401	No	4	S	Direct
Common Stock	Disposition	2022-09-15	26,831	$92.97	3,720,570	No	4	S	Direct
Common Stock	Disposition	2022-09-15	9,297	$94.05	3,711,273	No	4	S	Direct
Common Stock	Acquisiton	2022-09-16	100,000	$8.77	3,811,273	No	4	M	Direct
Common Stock	Disposition	2022-09-16	46,938	$87.47	3,764,335	No	4	S	Direct
Common Stock	Disposition	2022-09-16	15,822	$88.53	3,748,513	No	4	S	Direct
Common Stock	Disposition	2022-09-16	15,240	$89.28	3,733,273	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
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	M	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Stock Option (buy)	Disposition	2022-09-14	100,000	$0.00	100,000	$8.77
Common Stock	Stock Option (buy)	Disposition	2022-09-15	100,000	$0.00	100,000	$8.77
Common Stock	Stock Option (buy)	Disposition	2022-09-16	100,000	$0.00	100,000	$8.77

Remaning Holdings	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
1,400,000	2022-12-10	No	4	M	Direct
1,300,000	2022-12-10	No	4	M	Direct
1,200,000	2022-12-10	No	4	M	Direct

Footnotes

The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan (the "trading plan"). Mr. Rapino has entered into this trading plan to exercise options which were granted in 2012 and would otherwise expire in 2022. Mr. Rapino's compensation continues to be heavily tied to the company's long-term performance. The payment of the options' exercise price and associated taxes will account for the majority of the proceeds from these options, with Mr. Rapino then receiving 66,000 shares of stock under the trading plan and the remainder being settled in cash. Following all transactions under the trading plan, which will exercise all expiring options, Mr. Rapino expects to then hold approximately 5.7 million shares of common stock and equity awards, inclusive of all other common stock, restricted stock holdings, a performance share award (of 1,117,037 shares) and options to acquire additional shares of common stock (627,602).
This transaction was executed in multiple trades at prices ranging from $88.55 to $89.52. 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 $89.56 to $90.55. 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 $90.57 to $91.56. 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 $91.57 to $92.38. 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 $91.60 to $92.59. 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 $92.60 to $93.59. 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 $93.60 to $94.56. 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 $87.06 to $88.04. 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 $88.06 to $89.05. 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 $89.06 to $90.00. 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 December 10, 2012 pursuant to an award under the Live Nation Entertainment, Inc. 2005 Stock Incentive Plan, as amended and restated as of March 19, 2015. The options vested in five equal installments on December 10, 2013, 2014, 2015, 2016 and 2017.