4//SEC Filing
AZOFF IRVING 4
Accession 0001179110-13-000208
CIK 0001335258other
Filed
Jan 2, 7:00 PM ET
Accepted
Jan 3, 4:56 PM ET
Size
23.2 KB
Accession
0001179110-13-000208
Insider Transaction Report
Form 4
AZOFF IRVING
DirectorExec Chairman
Transactions
- Tax Payment
Common Stock
2012-12-31$9.31/sh−58,173$541,591→ 701,564 total - Award
Common Stock
2012-12-31+196,007→ 663,574 total - Exercise/Conversion
Common Stock
2012-12-31+73,720→ 737,294 total - Exercise/Conversion
Common Stock
2012-12-31+106,531→ 809,434 total - Disposition to Issuer
Common Stock
2012-12-31−150,000→ 541,775 total - Sale
Common Stock
2012-12-31$8.98/sh−196,007$1,760,143→ 345,768 total - Exercise/Conversion
Restricted Stock Unit
2012-12-31−73,720→ 0 totalExercise: $0.00→ Common Stock (73,720 underlying) - Exercise/Conversion
Restricted Stock Unit
2012-12-31−106,531→ 0 totalExercise: $0.00→ Common Stock (106,531 underlying) - Tax Payment
Common Stock
2012-12-31$9.31/sh−34,391$320,180→ 702,903 total - Tax Payment
Common Stock
2012-12-31$9.31/sh−49,697$462,679→ 759,737 total - Tax Payment
Common Stock
2012-12-31$9.31/sh−9,789$91,136→ 691,775 total - Sale
Common Stock
2012-12-31$8.98/sh−1,474,372$13,239,861→ 1,082,788 total(indirect: See Footnote)
Footnotes (8)
- [F1]Represents shares of Live Nation Entertainment, Inc. (the "Company") common stock issued to Irving Azoff ("Azoff") pursuant to that certain Agreement, entered into as of December 31, 2012 (the "Agreement") by and among Azoff, the Azoff Family Trust of 1997, the Company and Front Line Management Group, Inc. These shares were valued at $8.98 per share for these purposes.
- [F2]Represents shares of Company common stock acquired upon the vesting of restricted stock units.
- [F3]Represents the withholding of shares of Company common stock to cover the payment of taxes in connection with the vesting of restricted stock units.
- [F4]Represents the withholding of shares of Company common stock to cover the payment of taxes in connection with the vesting of restricted stock grants.
- [F5]Represents shares of restricted stock that were forfeited for no value received in connection with the Agreement and the termination of Azoff's employment with the Company.
- [F6]Represents shares sold to Liberty Media Corporation in a private transaction.
- [F7]Azoff's indirect beneficial ownership includes shares held by Irving Azoff and Rochelle Azoff as Co-Trustees of the Azoff Family Trust of 1997, of which Azoff is a trustee, but not a beneficiary.
- [F8]These restricted stock units were accelerated and vested in full in connection with the Agreement and the termination of Azoff's employment with the Company.
Documents
Issuer
Live Nation Entertainment, Inc.
CIK 0001335258
Entity typeother
Related Parties
1- filerCIK 0001286512
Filing Metadata
- Form type
- 4
- Filed
- Jan 2, 7:00 PM ET
- Accepted
- Jan 3, 4:56 PM ET
- Size
- 23.2 KB