Home/Filings/4/0001225208-25-010094
4//SEC Filing

CHANG DEREK 4

Accession 0001225208-25-010094

CIK 0002078416other

Filed

Dec 16, 7:00 PM ET

Accepted

Dec 17, 6:31 PM ET

Size

26.2 KB

Accession

0001225208-25-010094

Insider Transaction Report

Form 4
Period: 2025-12-15
CHANG DEREK
Director
Transactions
  • Other

    Series C Liberty Live Group Common Stock

    2025-12-15+1,0241,024 total
  • Other

    Restricted Stock Units - LLYVK

    2025-12-15+62,05162,051 total
    From: 2029-12-15Exp: 2029-12-15Series C Liberty Live Group Common Stock (62,051 underlying)
  • Other

    Stock Option (Right to Buy) - LLYVK

    2025-12-15+23,62823,628 total
    Exercise: $76.45Exp: 2032-05-12Series C Liberty Live Group Common Stock (23,628 underlying)
  • Other

    Stock Option (Right to Buy) - LLYVK

    2025-12-15+88,58488,584 total
    Exercise: $81.03Exp: 2032-12-03Series C Liberty Live Group Common Stock (88,584 underlying)
  • Other

    Stock Option (Right to Buy) - LLYVK

    2025-12-15+542542 total
    Exercise: $53.46From: 2022-12-06Exp: 2028-12-06Series C Liberty Live Group Common Stock (542 underlying)
  • Other

    Stock Option (Right to Buy) - LLYVK

    2025-12-15+5151 total
    Exercise: $28.89From: 2022-12-06Exp: 2028-12-06Series C Liberty Live Group Common Stock (51 underlying)
  • Other

    Stock Option (Right to Buy) - LLYVK

    2025-12-15+581581 total
    Exercise: $44.85From: 2023-12-08Exp: 2029-12-08Series C Liberty Live Group Common Stock (581 underlying)
  • Other

    Stock Option (Right to Buy) - LLYVK

    2025-12-15+5454 total
    Exercise: $27.92From: 2023-12-08Exp: 2029-12-08Series C Liberty Live Group Common Stock (54 underlying)
  • Other

    Stock Option (Right to Buy) - LLYVK

    2025-12-15+538538 total
    Exercise: $48.78From: 2021-12-10Exp: 2027-12-10Series C Liberty Live Group Common Stock (538 underlying)
  • Other

    Stock Option (Right to Buy) - LLYVK

    2025-12-15+5252 total
    Exercise: $21.36From: 2021-12-10Exp: 2027-12-10Series C Liberty Live Group Common Stock (52 underlying)
Footnotes (6)
  • [F1]On December 15, 2025, Liberty Media Corporation ("Liberty Media") redeemed (the "Redemption") each share of its Series A Liberty Live common stock, Series B Liberty Live common stock and Series C Liberty Live common stock for one share of the corresponding series of Liberty Live Group common stock of Liberty Live Holdings, Inc. (the "Issuer").
  • [F2]Each restricted stock unit represents a contingent right to receive one share of Series C Liberty Live Group common stock.
  • [F3]In connection with the Redemption, all restricted stock units held by the reporting person with respect to Liberty Media's Liberty Live common stock (each, a "Live RSU") were adjusted pursuant to the anti-dilution provisions of the incentive plan under which the Live RSUs were granted, such that each Live RSU was exchanged for a restricted stock unit with respect to an equivalent number of shares of the corresponding series of the Issuer's Liberty Live Group common stock. These adjustments were approved by the Issuer's board of directors pursuant to Rule 16b-3 under the Securities Exchange Act of 1934, as amended (the "Exchange Act").
  • [F4]In connection with the Redemption, all option awards held by the reporting person with respect to Liberty Media's Liberty Live common stock (each, a "Live Award") were adjusted pursuant to the anti-dilution provisions of the incentive plan under which the Live Awards were granted, such that each Live Award was exchanged for an option to purchase an equivalent number of shares of the corresponding series of the Issuer's Liberty Live Group common stock. These adjustments were approved by the Issuer's board of directors pursuant to Rule 16b-3 under the Exchange Act.
  • [F5]This option award vests in five substantially equal installments on March 14, 2026, 2027, 2028, 2029 and 2030.
  • [F6]This option award will vest in accordance with the following schedule: (i) 25% of the award will vest in four substantially equal tranches on December 3, 2026, 2027, 2028 and 2029; (ii) 25% of the award will vest in three substantially equal tranches on December 3, 2027, 2028 and 2029; (iii) 25% of the award will vest in two substantially equal tranches on December 3, 2028 and 2029; and (iv) 25% of the award will vest on December 3, 2029.

Documents

1 file

Issuer

Liberty Live Holdings, Inc.

CIK 0002078416

Entity typeother

Related Parties

1
  • filerCIK 0001271943

Filing Metadata

Form type
4
Filed
Dec 16, 7:00 PM ET
Accepted
Dec 17, 6:31 PM ET
Size
26.2 KB