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
CHANG DEREK
Director
Transactions
- Other
Series C Liberty Live Group Common Stock
2025-12-15+1,024→ 1,024 total - Other
Restricted Stock Units - LLYVK
2025-12-15+62,051→ 62,051 totalFrom: 2029-12-15Exp: 2029-12-15→ Series C Liberty Live Group Common Stock (62,051 underlying) - Other
Stock Option (Right to Buy) - LLYVK
2025-12-15+23,628→ 23,628 totalExercise: $76.45Exp: 2032-05-12→ Series C Liberty Live Group Common Stock (23,628 underlying) - Other
Stock Option (Right to Buy) - LLYVK
2025-12-15+88,584→ 88,584 totalExercise: $81.03Exp: 2032-12-03→ Series C Liberty Live Group Common Stock (88,584 underlying) - Other
Stock Option (Right to Buy) - LLYVK
2025-12-15+542→ 542 totalExercise: $53.46From: 2022-12-06Exp: 2028-12-06→ Series C Liberty Live Group Common Stock (542 underlying) - Other
Stock Option (Right to Buy) - LLYVK
2025-12-15+51→ 51 totalExercise: $28.89From: 2022-12-06Exp: 2028-12-06→ Series C Liberty Live Group Common Stock (51 underlying) - Other
Stock Option (Right to Buy) - LLYVK
2025-12-15+581→ 581 totalExercise: $44.85From: 2023-12-08Exp: 2029-12-08→ Series C Liberty Live Group Common Stock (581 underlying) - Other
Stock Option (Right to Buy) - LLYVK
2025-12-15+54→ 54 totalExercise: $27.92From: 2023-12-08Exp: 2029-12-08→ Series C Liberty Live Group Common Stock (54 underlying) - Other
Stock Option (Right to Buy) - LLYVK
2025-12-15+538→ 538 totalExercise: $48.78From: 2021-12-10Exp: 2027-12-10→ Series C Liberty Live Group Common Stock (538 underlying) - Other
Stock Option (Right to Buy) - LLYVK
2025-12-15+52→ 52 totalExercise: $21.36From: 2021-12-10Exp: 2027-12-10→ Series 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
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