Endeavor Executive Holdco, LLC - Nov 16, 2023 Form 4 Insider Report for Endeavor Group Holdings, Inc. (EDR)

Role
10%+ Owner
Signature
Endeavor Executive Holdco, LLC, By: /s/ Robert Hilton, Name: Robert Hilton, Title: Attorney-in-fact for Ariel Emanuel, Manager
Stock symbol
EDR
Transactions as of
Nov 16, 2023
Transactions value $
$0
Form type
4
Date filed
11/20/2023, 07:27 PM
Previous filing
Nov 14, 2023
Next filing
Nov 29, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EDR Class X Common Stock Disposed to Issuer $0 -30K -0.1% $0.00 28.6M Nov 16, 2023 Direct F1
transaction EDR Class Y Common Stock Disposed to Issuer $0 -30K -0.1% $0.00 28.6M Nov 16, 2023 Direct F1

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 Endeavor Operating Company Units Other $0 -30K -0.12% $0.00 25.3M Nov 16, 2023 Class A Common Stock 30K Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This Form 4 relates to the redemption of common units issued by Endeavor Executive PIU Holdco, LLC to certain non-executive equityholders in accordance with the limited liability company agreement of Endeavor Executive PIU Holdco, LLC. None of the transactions reported herein involve a sale of Class A Common Stock by the Reporting Persons or any 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").
F2 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.
F3 This Form 4 relates to the redemption of common units issued by Endeavor Executive PIU Holdco, LLC to certain non-executive equityholders in accordance with the limited liability company agreement of Endeavor Executive PIU Holdco, LLC. In connection with such redemption, Endeavor Executive PIU Holdco, LLC distributed OpCo Units of Endeavor Operating Company, LLC to the equityholders in redemption of corresponding equity interests that such person held in Endeavor Executive PIU Holdco, LLC. None of the transactions reported herein involve a sale of Class A Common Stock by the Reporting Persons or any executive officer or director of the Issuer.