4//SEC Filing
Wendling Brian J 4
Accession 0001225208-25-010095
CIK 0002078416other
Filed
Dec 16, 7:00 PM ET
Accepted
Dec 17, 6:31 PM ET
Size
12.9 KB
Accession
0001225208-25-010095
Insider Transaction Report
Form 4
Wendling Brian J
CAO & PFO
Transactions
- Other
Series C Liberty Live Group Common Stock
2025-12-15+17,266→ 17,266 total - Other
Restricted Stock Units - LLYVK
2025-12-15+1,133→ 1,133 total→ Series C Liberty Live Group Common Stock (1,133 underlying) - Other
Restricted Stock Units - LLYVK
2025-12-15+3,046→ 3,046 totalFrom: 2026-12-03Exp: 2026-12-03→ Series C Liberty Live Group Common Stock (3,046 underlying) - Other
Stock Option (Right to Buy) - LLYVK
2025-12-15+8,422→ 8,422 totalExercise: $33.97Exp: 2030-12-08→ Series C Liberty Live Group Common Stock (8,422 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]This restricted stock unit award will vest on December 9, 2026.
- [F5]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.
- [F6]This option award vests in three substantially equal installments on December 8, 2024, 2025, and 2026.
Documents
Issuer
Liberty Live Holdings, Inc.
CIK 0002078416
Entity typeother
Related Parties
1- filerCIK 0001663090
Filing Metadata
- Form type
- 4
- Filed
- Dec 16, 7:00 PM ET
- Accepted
- Dec 17, 6:31 PM ET
- Size
- 12.9 KB