Ariel Emanuel - May 3, 2023 Form 4 Insider Report for Endeavor Group Holdings, Inc. (EDR)

Role
Chief Executive Officer, Director, 10%+ Owner
Signature
/s/ Robert Hilton, Attorney-in-fact
Stock symbol
EDR
Transactions as of
May 3, 2023
Transactions value $
-$12,077,109
Form type
4
Date filed
5/5/2023, 08:36 PM
Previous filing
May 3, 2023
Next filing
Jun 13, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EDR Class A Common Stock Options Exercise $0 +951K +65.76% $0.00 2.4M May 3, 2023 Direct
transaction EDR Class A Common Stock Sale -$7.4M -300K -12.51% $24.66 2.1M May 4, 2023 Direct F1, F2
transaction EDR Class A Common Stock Sale -$4.68M -188K -8.94% $24.94 1.91M May 5, 2023 Direct F1, F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction EDR Restricted Stock Unit Options Exercise $0 -951K -100% $0.00* 0 May 3, 2023 Class A Common Stock 951K Direct F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Represents shares automatically sold to cover taxes and fees in connection with the settlement of certain restricted stock unit awards pursuant to standing sell-to-cover instructions.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $24.455 to $24.91. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $24.63 to $25.11. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote
F4 Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock of the Issuer.
F5 The remaining restricted stock units settled in shares of Class A Common Stock on May 3, 2023.