BARNES TERRY 4
4 · TICKETMASTER ENTERTAINMENT, INC. · Filed Jan 26, 2010
Insider Transaction Report
Form 4
BARNES TERRY
DirectorChairman, Ticketmaster
Transactions
- Disposition to Issuer
Employee Stock Option (right to buy)
2010-01-25−81,331→ 0 totalExercise: $28.24Exp: 2018-01-31→ Common Stock, par value $0.01 (81,331 underlying) - Disposition to Issuer
Common Stock
2010-01-25−11,156→ 0 total - Disposition to Issuer
Employee Stock Option (right to buy)
2010-01-25−250,000→ 0 totalExercise: $5.33Exp: 2019-04-29→ Common Stock, par value $0.01 (250,000 underlying) - Disposition to Issuer
Employee Stock Option (right to buy)
2010-01-25−7,853→ 0 totalExercise: $40.74Exp: 2012-03-19→ Common Stock, par value $0.01 (7,853 underlying)
Footnotes (5)
- [F1]Amount shown consists of (i) 10,614 shares of Ticketmaster Entertainment common stock held in trust with Mr. Barnes' spouse, (ii) 42 shares of Ticketmaster Entertainment common stock held in an IRA account maintained by Mr. Barnes' spouse and (iii) 500 shares of Ticketmaster Entertainment common stock held by Mr. Barnes son, who shares his household. Mr. Barnes disclaims beneficial ownership of the shares of Ticketmaster Entertainment common stock described in (ii) and (iii) above.
- [F2]Disposed of pursuant to the Agreement and Plan of Merger dated as of February 10, 2009 (the "Merger Agreement"), among Ticketmaster Entertainment, Inc., Live Nation, Inc. ("Live Nation") and Merger Sub (as therein defined), in exchange for 15,648 shares of Live Nation common stock in respect of the shares in clause (i) of Note 1 above, 61 shares in respect of the shares in clause (ii) of Note 1 and 737 shares in respect of the shares in clause (iii) of Note 1, based on the final exchange ratio of 1.4743728 shares of Live Nation common stock per share of the issuer's common stock. On the date of the merger, Live Nation common stock had a market value of $10.51 per share.
- [F3]This option, which provided for vesting in four equal annual installments with the first vesting on April 29, 2010, was assumed by Live Nation in the merger and replaced with an option to purchase 368,593 shares of Live Nation common stock for $3.62 per share.
- [F4]This option, which provided for vesting in four equal annual installments with the first vesting on January 31, 2009, was assumed by Live Nation in the merger and replaced with an option to purchase 119,912 shares of Live Nation common stock for $19.16 per share.
- [F5]This option, which was fully vested as of August 20, 2008, was assumed by Live Nation in the merger and replaced with an option to purchase 11,578 shares of Live Nation common stock for $27.64 per share