Mark S. Shapiro - Aug 25, 2023 Form 4 Insider Report for Endeavor Group Holdings, Inc. (EDR)

Signature
/s/ Robert Hilton, Attorney-in-fact
Stock symbol
EDR
Transactions as of
Aug 25, 2023
Transactions value $
-$73,829
Form type
4
Date filed
8/29/2023, 09:05 PM
Previous filing
Aug 18, 2023
Next filing
Sep 12, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EDR Class A Common Stock Award $0 +6.1K $0.00 6.1K Aug 25, 2023 Direct F1
transaction EDR Class A Common Stock Sale -$73.8K -3.06K -50.21% $24.13 3.04K Aug 28, 2023 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents a grant of fully-vested restricted stock units ("RSUs"), which was made by the Issuer to the Reporting Person in connection with Endeavor Operating Company, LLC ("OpCo") imposing a limitation on the tax distributions that otherwise would have been payable by OpCo to its members that resulted in the Reporting Person, in its capacity as a member of EOC, not receiving tax distributions from OpCo sufficient to cover the estimated amount of tax attributable to the Reporting Person's interest in OpCo (determined in a manner consistent with the operating agreement of OpCo). Each RSU represents one share of the Issuer's Class A Common Stock.
F2 Pursuant to the award agreement, shares were automatically sold to cover taxes in connection with the vesting of the RSUs.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $24.03 to $24.22. 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.

Remarks:

President and Chief Operating Officer