SEC Form 4 · accession 0001335258-15-000013
Live Nation Entertainment, Inc. · LYV
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Joe Berchtold
Officer — Chief Operating Officer
Period of report
Jan 22, 2015
Accepted (ET)
Jan 26, 2015 · 6:18 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001335258
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Jan 22, 2015 | A | 5,500 | $0.00 | A | 176,330 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (buy)F1,F3 | $25.33 | Jan 22, 2015 | A | 44,403 | A | — | Jan 22, 2025 | Common Stock | 44,403 | 44,403 | D |
Explanation of responses
- F1Reporting person received the award under the Amended and Restated Ticketmaster Entertainment, Inc. 2008 Stock and Annual Incentive Plan.
- F2Represents a restricted stock award. If certain financial and/or operational performance targets specified by the company's Compensation Committee are achieved for the year of the grant, 50% of the award will vest on March 31, 2016 and the remaining 50% will vest on March 31, 2017.
- F3Only vested shares may be exercised. These options will vest in two equal annual installments on March 31, 2016 and March 31, 2017.