| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | LYV | 0.50% Exch. Sr. Debentures due 2050 (obligation to sell) | Conversion of derivative security | $200K | $62.2M | Aug 29, 2024 | Common Stock | 2.22K | Direct | F1, F3 | ||||
| transaction | LYV | 0.50% Exch. Sr. Debentures due 2050 (obligation to sell) | Conversion of derivative security | $49.6M | $12.6M | Aug 30, 2024 | Common Stock | 551K | Direct | F2, F3 | ||||
| transaction | LYV | 0.50% Exch. Sr. Debentures due 2050 (obligation to sell) | Purchase | $12.6M | $0 | Aug 30, 2024 | Common Stock | 139K | Direct | F2, F3, F4 |
| Id | Content |
|---|---|
| F1 | On August 29, 2024, the election of holders of an aggregate of $200,000 in original principal amount of the reporting person's 0.50% exchangeable senior debentures due 2050 (the "Debentures") to exchange such Debentures for cash having a value equal to the current market price of the reference shares attributable to each Debenture exchanged became irrevocable. |
| F2 | On August 30, 2024, the election of holders of an aggregate of $49,605,000 in original principal amount of the Debentures to exchange such Debentures for cash having a value equal to the current market price of the reference shares attributable to each Debenture exchanged became irrevocable. |
| F3 | Currently, the reference shares attributable to each $1,000 original principal amount of Debentures consist of 11.0983 shares of the common stock, par value $0.01 per share, of Live Nation Entertainment, Inc. In connection with such exchanges, the current market price for each reference share will be equal to the average of the daily volume weighted average price of that reference share on the New York Stock Exchange for the 30 trading day period commencing on the fourth trading day following September 1, 2024. The Debentures were exchangeable solely for cash, at the option of the holder and subject to certain terms and conditions, at any time during the period commencing on June 1, 2024 until the close of business on August 29, 2024. |
| F4 | On August 30, 2024, the reporting person became obligated to redeem the $12,550,000 principal amount of the Debentures that remained outstanding. On September 3, 2024, holders of the Debentures received payment of $1,000 for each $1,000 principal amount of the Debentures redeemed, plus accrued and unpaid interest in the amount of $0.00. |