Form 4 for LYV Live Nation Entertainment
Accepted 2024-09-12 00:00:00 ET · period of report 2024-09-12 · accession 0001335258-24-000147 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2024-09-12 | 2024-09-12 | LYV | Rapino Michael | Pres, CEO, Dir | S - Sale+OE | $97.50 | -98.8K | 3.70M | -3% | -$9.64M |
| D | 2024-09-12 | 2024-09-12 | LYV | Rapino Michael | Pres, CEO, Dir | M - OptEx | $25.33 | +150.0K | 3.80M | +4% | +$3.80M |
| D | 2024-09-12 | 2024-09-12 | LYV | Rapino Michael | Pres, CEO, Dir | M - OptEx | $0.00 | -150.0K | 0 | -100% | $0 |
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 | 2024-09-12 | S | D | 98,849 | $97.50 | 3,702,115 | D | — | — | (F2) This transaction was executed in multiple trades at prices ranging from $97.03 to $98.00. 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. |
| 2 | Common | Common Stock | 2024-09-12 | M | A | 150,000 | $25.33 | 3,800,964 | D | — | — | (F1) This Form 4 reports the exercise of employee stock options by the reporting person that were granted approximately 10 years ago and that would otherwise expire in January 2025 if not exercised during an open trading window prior to such expiration. THE REPORTING PERSON EXERCISED THE OPTIONS IN A MANNER INTENDED TO MAXIMIZE THE NUMBER OF SHARES ACQUIRED AND RETAINED, AFTER THE SALE OF SHARES IN AN AMOUNT SUFFICIENT TO GENERATE PROCEEDS USED TO PAY WITHHOLDING TAXES AND EXERCISE PRICE. AS A RESULT OF THE TRANSACTIONS REPORTED ON THIS FORM 4, THE REPORTING PERSON'S OWNERSHIP OF THE ISSUER'S COMMON STOCK INCREASED BY 51,151 SHARES. |
| 3 | Derivative | Stock Option (buy) | 2024-09-12 | M | D | 150,000 | $0.00 | 0 | D | $25.33 · — to 2025-01-22 | 150,000 Common Stock | (F3) The reporting person received the stock options on January 22, 2015 under the Live Nation Entertainment, Inc. 2005 Stock Incentive Plan, as amended and restated as of April 15, 2011. The stock options vested in two equal annual installments on March 31, 2016 and March 31, 2017. |