Form 4 for LYV Live Nation Entertainment
Accepted 2025-05-15 00:00:00 ET · period of report 2025-05-13 · accession 0001335258-25-000070 · 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 | 2025-05-15 | 2025-05-13 | LYV | Rowles Michael | EVP, GC | M - OptEx | $0.00 | +10.8K | 206.1K | +6% | $0 |
| D | 2025-05-15 | 2025-05-13 | LYV | Rowles Michael | EVP, GC | F - Tax | $143.00 | -2,906 | 203.2K | -1% | -$415.6K |
| D | 2025-05-15 | 2025-05-13 | LYV | Rowles Michael | EVP, GC | M - OptEx | $0.00 | -10.8K | 10.0K | -52% | $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 | 2025-05-13 | M | A | 10,790 | $0.00 | 206,136 | D | — | — | (F1) Reporting person received this restricted stock award under the Live Nation Entertainment, Inc. 2005 Stock Incentive Plan, as amended and restated as of March 21, 2024, in connection with the vesting of a portion of a previously-issued performance share award upon the attainment of a stock price target, as further set forth in footnotes 3-5 below. 50% of these shares vested on May 13, 2025. The remaining shares will vest 20% on May 13, 2026, 20% on May 13, 2027 and 10% on December 31, 2027, as explained in footnote 5 below. |
| 2 | Common | Common Stock | 2025-05-13 | F | D | 2,906 | $143.00 | 203,230 | D | — | — | (F2) Represents shares withheld for tax purposes upon vesting of restricted stock grants. |
| 3 | Derivative | Performance Share Award | 2025-05-13 | M | D | 10,790 | $0.00 | 10,040 | D | — · — to — | 10,790 Common Stock | (F4) The attainment of a stock price target resulted in the vesting and conversion of 10,790 performance shares into an equal number of shares of restricted stock reflected in Table 1. (F3) Each performance share award represents the right to receive a share restricted stock upon attainment by Issuer, from time to time, of stock price targets (based on the closing price of Issuer's common stock on the NYSE) over sixty days (which days to not have to be consecutive; the "Performance Targets") during a performance period beginning on January 1, 2023 and ending on December 31, 2027. Settlement will occur, and shares of restricted stock will be issued, if and when a particular Performance Target is met. (F5) The shares of restricted stock issued in respect of performance share awards upon attainment of a particular Performance Target will vest, and the restrictions thereon will lapse, as follows: (i) 50% will vest on the date of attainment of the corresponding Performance Target, (ii) 20% will vest on the first anniversary of such attainment date, (iii) 20% will vest on the second anniversary of such attainment date, and (iv) the remaining 10% will vest on the third anniversary of such attainment date (to the extent such anniversary occurs before December 31, 2027). To the extent any earned Performance Target share awards remain unvested as of December 31, 2027, such shares will vest on December 31, 2027. Vesting of performance share awards and shares of restricted stock issued in respect thereof is subject to the reporting person's continued employment with Issuer through the applicable vesting date. |