4//SEC Filing
Live Nation Entertainment, Inc. 4
Accession 0001335258-15-000129
$LYVCIK 0001335258operating
Filed
Nov 3, 7:00 PM ET
Accepted
Nov 4, 6:34 PM ET
Size
10.9 KB
Accession
0001335258-15-000129
Insider Transaction Report
Form 4
MAYS RANDALL THOMAS
Director
Transactions
- Exercise/Conversion
Stock Option (buy)
2015-11-02−50,000→ 0 totalExercise: $10.60Exp: 2015-12-22→ Common Stock (50,000 underlying) - Sale
Common Stock
2015-11-02$27.00/sh−50,000$1,350,000→ 105,821 total - Exercise/Conversion
Common Stock
2015-11-02$10.60/sh+50,000$530,000→ 130,821 total
Holdings
- 38,198(indirect: See Footnote)
Common Stock
Footnotes (5)
- [F1]The economic benefits of 25,000 of the stock options underlying this transaction were transferred to the reporting person's former spouse pursuant to a domestic relations order. These 25,000 stock options were exercised and sold at the direction of the reporting person's former spouse, and the proceeds from their sale were delivered to the former spouse. At the same time, the reporting person exercised and sold the 25,000 stock options retained by him. Accordingly, the reporting person never acquired beneficial ownership of 25,000 of these shares.
- [F2]Since the date of the reporting person's last ownership report, he transferred an aggregate of 118,225 shares of LYV common stock to his former spouse pursuant to a domestic relations order. The reporting person no longer reports as beneficially owned any securities owned by his former spouse.
- [F3]This transaction was executed in multiple trades at prices ranging from $27.00 to $27.06. The price reported reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
- [F4]The reporting person's indirect beneficial ownership is comprised of (i) 32,568 shares held by trusts of which the reporting person is the trustee, but not the beneficiary and (ii) 5,630 shares held by a trust of which the reporting person is a 25% beneficiary and a co-trustee.
- [F5]The options vested in five equal installments on December 22, 2006, 2007, 2008, 2009 and 2010.
Documents
Issuer
Live Nation Entertainment, Inc.
CIK 0001335258
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001335258
Filing Metadata
- Form type
- 4
- Filed
- Nov 3, 7:00 PM ET
- Accepted
- Nov 4, 6:34 PM ET
- Size
- 10.9 KB