Patrick Whitesell - 22 Mar 2022 Form 4 Insider Report for Endeavor Group Holdings, Inc.

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
24 Mar 2022, 19:06:19 UTC
Prior SEC filing
14 Feb 2022
Next SEC filing
13 May 2022
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Robert Hilton, Attorney-in-fact

Key filing fact

Patrick Whitesell filed Form 4 for Endeavor Group Holdings, Inc. on 24 Mar 2022.

Key facts

  • This page summarizes Patrick Whitesell's Form 4 filing for Endeavor Group Holdings, Inc..
  • 3 reported transactions and 3 derivative rows are listed below.
  • Accepted by SEC: 24 Mar 2022, 19:06.

Change

  • Previous filing in this sequence was filed on 14 Feb 2022.
  • Current net transaction value: $0.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

EDR transaction

Class X Common Stock

Disposed to Issuer

Transaction value
$0
Shares
-39,000
Change %
-0.12%
Price
$0.000000
Shares after
32,015,478
Date
22 Mar 2022
Ownership
See footnote
Footnotes
F1, F2
EDR transaction

Class Y Common Stock

Disposed to Issuer

Transaction value
$0
Shares
-39,000
Change %
-0.12%
Price
$0.000000
Shares after
32,015,478
Date
22 Mar 2022
Ownership
See footnote
Footnotes
F1, F2
EDR holding

Class X Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
8,928,168
Date
22 Mar 2022
Ownership
Direct
EDR holding

Class Y Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
8,928,168
Date
22 Mar 2022
Ownership
Direct

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

EDR transaction Derivative

Endeavor Operating Company Units

Other

Transaction value
$0
Shares
-39,000
Change %
-0.14%
Price
$0.000000
Shares after
28,709,179
Date
22 Mar 2022
Ownership
See footnote
Underlying class
Class A Common Stock
Underlying amount
39,000
Exercise price
Footnotes
F2, F3, F4
EDR holding Derivative

Endeavor Operating Company Units

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
2,968,279
Date
22 Mar 2022
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
2,968,279
Exercise price
Footnotes
F3
EDR holding Derivative

Profits Units

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
5,959,889
Date
22 Mar 2022
Ownership
Direct
Underlying class
Endeavor Operating Company Units
Underlying amount
5,959,889
Exercise price
Footnotes
F5
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 5 footnotes

Footnote F1

This Form 4 relates to the redemption of common units issued by Endeavor Executive Holdco, LLC to certain non-executive employees of the Issuer or its subsidiaries in accordance with the limited liability company agreements of Endeavor Executive Holdco, LLC. None of the transactions reported herein involve a sale of Class A Common Stock by the Reporting Person or any other executive officer or director of the Issuer. The disposition in Table I reflects the cancellation for no consideration of a number of shares of Class X Common Stock and Class Y Common Stock upon the exchange of an equal number of limited liability company units of Endeavor Operating Company, LLC ("OpCo Units").

Footnote F2

Represents securities held by Endeavor Executive Holdco, LLC, Endeavor Executive PIU Holdco, LLC and Endeavor Executive II Holdco, LLC, which are managed by a board of directors composed of the Reporting Person and Ariel Emanuel.

Footnote F3

OpCo Units are exchangeable by the holder on a 1-for-1 basis for, at the option of the Issuer (i) a share of Class A Common Stock, subject to conversion rate adjustments for stock splits, stock dividends, reclassification and other similar transactions or (ii) subject to certain conditions, an equivalent amount of cash.

Footnote F4

This Form 4 relates to the redemption of common units issued by Endeavor Executive Holdco, LLC to certain non-executive employees of the Issuer or its subsidiaries in accordance with the limited liability company agreements of Endeavor Executive Holdco, LLC. In connection with such redemptions, Endeavor Executive Holdco, LLC distributed OpCo Units of Endeavor Operating Company, LLC to the employees in redemption of corresponding equity interests that such persons held in Endeavor Executive Holdco, LLC. None of the transactions reported herein involve a sale of Class A Common Stock by the Reporting Person or any other executive officer or director of the Issuer.

Footnote F5

Each profits unit of Endeavor Operating Company, LLC represents the right to receive a fractional number of OpCo Units and an equal number of paired shares of Class X Common Stock of the Issuer equal to the difference between the fair market value of the OpCo Units and the applicable grant price divided by the fair market value of a limited liability company unit at the time of redemption.

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