SEC Form 4 · accession 0001335258-16-000256
Live Nation Entertainment, Inc. · LYV
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael Rowles
Officer — EVP & General Counsel
Period of report
Nov 18, 2016
Accepted (ET)
Nov 22, 2016 · 5:20 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 18, 2016 | M | 50,000 | $24.95 | A | 288,160 | D | |
| Common StockF1 | Nov 18, 2016 | S | 50,000 | $28.05 | D | 238,160 | 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)F2 | $24.95 | Nov 18, 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 $28.00 to $28.16. 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 options vested 12,500 on February 16, 2008 and 2009 and 25,000 on January 25, 2010, and were due to expire in February 2017.