Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | LYV | Common Stock | Tax liability | -$27.5M | -395K | -46.47% | $69.74 | 455K | Dec 31, 2022 | Direct | F1 |
Id | Content |
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F1 | On December 31, 2022, 750,000 shares vested that were granted as part of a 2017 employment agreement grant. The shares were performance shares that were earned over 5 years as the stock price hit various thresholds, and only vested at the end of the contract to ensure Mr. Berchtold remained employed through then. Of these shares that vested, 394,875 shares were withheld for taxes. As a result, Mr. Berchtold has 454,835 shares following this vesting, 630,121 vested stock options, and up to 744,691 of unvested performance award shares. |