Joe Berchtold - 13 Dec 2023 Form 4 Insider Report for Live Nation Entertainment, Inc. (LYV)

Role
President & CFO
Signature
Brian Capo, Attorney-in-Fact for Joe Berchtold
Issuer symbol
LYV
Transactions as of
13 Dec 2023
Net transactions value
-$25,149,114
Form type
4
Filing time
15 Dec 2023, 18:53:02 UTC
Previous filing
04 Apr 2023
Next filing
02 Apr 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LYV Common Stock Options Exercise $2,489,190 +119,100 +27% $20.90* 561,207 13 Dec 2023 Direct F1
transaction LYV Common Stock Sale $8,222,430 -93,543 -17% $87.90 467,664 13 Dec 2023 Direct F2
transaction LYV Common Stock Sale $2,199,659 -24,757 -5.3% $88.85 442,907 13 Dec 2023 Direct F3
transaction LYV Common Stock Sale $71,584 -800 -0.18% $89.48 442,107 13 Dec 2023 Direct
transaction LYV Common Stock Options Exercise $2,489,190 +119,100 +27% $20.90* 561,207 14 Dec 2023 Direct F1
transaction LYV Common Stock Sale $638,442 -7,002 -1.2% $91.18 554,205 14 Dec 2023 Direct F4
transaction LYV Common Stock Sale $2,897,427 -31,310 -5.6% $92.54 522,895 14 Dec 2023 Direct F5
transaction LYV Common Stock Sale $7,521,363 -80,788 -15% $93.10 442,107 14 Dec 2023 Direct F6
transaction LYV Common Stock Options Exercise $2,489,190 +119,100 +27% $20.90* 561,207 15 Dec 2023 Direct F1
transaction LYV Common Stock Sale $4,198,794 -45,412 -8.1% $92.46 515,795 15 Dec 2023 Direct F7
transaction LYV Common Stock Sale $6,866,985 -73,688 -14% $93.19 442,107 15 Dec 2023 Direct F8

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 LYV Stock Option (buy) Options Exercise $0 -119,100 -33% $0.000000 238,200 13 Dec 2023 Common Stock 119,100 $20.90 Direct F9
transaction LYV Stock Option (buy) Options Exercise $0 -119,100 -50% $0.000000 119,100 14 Dec 2023 Common Stock 119,100 $20.90 Direct F9
transaction LYV Stock Option (buy) Options Exercise $0 -119,100 -100% $0.000000* 0 15 Dec 2023 Common Stock 119,100 $20.90 Direct F9
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This Form 4 reports the exercise of employee stock options by Mr. Berchtold that were granted approximately 10 years ago and that would otherwise expire in January 2024 if not exercised during the issuer's current trading window for insiders.
F2 This transaction was executed in multiple trades at prices ranging from $87.48 to $88.44. The price reported reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F3 This transaction was executed in multiple trades at prices ranging from $88.48 to $89.40. The price reported reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F4 This transaction was executed in multiple trades at prices ranging from $90.80 to $91.75. The price reported reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F5 This transaction was executed in multiple trades at prices ranging from $91.80 to $92.79. The price reported reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F6 This transaction was executed in multiple trades at prices ranging from $92.80 to $93.57. The price reported reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F7 This transaction was executed in multiple trades at prices ranging from $91.91 to $92.89. The price reported reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F8 This transaction was executed in multiple trades at prices ranging from $92.91 to $93.65. The price reported reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F9 The reporting person received the stock options on January 15, 2014 pursuant to an award under the Amended and Restated Ticketmaster Entertainment, Inc. 2008 Stock and Annual Incentive Plan. The options vested in four equal installments on January 15, 2015, 2016, 2017 and 2018.