SEC Form 4 · accession 0001335258-16-000250
Live Nation Entertainment, Inc. · LYV
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Randall Thomas Mays
Director
Period of report
Nov 9, 2016
Accepted (ET)
Nov 14, 2016 · 1:38 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 Stock | Nov 9, 2016 | M | 50,000 | $24.95 | A | 162,158 | D | |
| Common StockF1 | Nov 9, 2016 | S | 50,000 | $27.80 | D | 112,158 | D | |
| Common StockF2 | holding | — | — | — | 38,198 | I | See Footnote |
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)F3 | $24.95 | Nov 9, 2016 | M | 50,000 | D | — | Feb 16, 2017 | Common Stock | 50,000 | 0 | D |
Explanation of responses
- F1This transaction was executed in multiple trades at prices ranging from $27.70 to $27.92. 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.
- F2The reporting person's indirect beneficial ownership is comprised of (i) 32,568 shares held by trusts of which the reporting person is the trustee, but not the beneficiary and (ii) 5,630 shares held by a trust of which the reporting person is a 25% beneficiary and a co-trustee.
- F3The options vested in four equal installments on February 16, 2008, 2009, 2010 and 2011, and were due to expire in February 2017.