Form 4 for LYV Live Nation Entertainment
Accepted 2023-01-04 00:00:00 ET · period of report 2022-12-31 · accession 0001335258-23-000004 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023-01-04 | 2022-12-31 | LYV | Rapino Michael | Pres, CEO, Dir | F - Tax | $69.74 | -652.7K | 3.49M | -16% | -$45.52M |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2022-12-31 | F | D | 652,737 | $69.74 | 3,486,646 | D | — | — | (F1) On December 31, 2022, 1,267,000 shares vested that were granted as part of a 2017 employment agreement grant. The shares were performance shares that were earned over 5 years as the stock price hit various thresholds, and only vested at the end of the contract to ensure Mr. Rapino remained employed through then. Of these shares that vested, 652,737 shares were withheld for taxes. As a result, Mr. Rapino has 3,486,646 shares following this vesting, 627,602 vested stock options, and up to 1,117,037 of unvested performance award shares. |