SEC Form 4 · accession 0001335258-17-000091
Live Nation Entertainment, Inc. · LYV
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Elizabeth Kathleen Willard
Officer — EVP & Chief Financial Officer
Period of report
Jun 6, 2017
Accepted (ET)
Jun 8, 2017 · 1:35 pm EDT
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 | Jun 6, 2017 | M | 20,000 | $22.50 | A | 286,216 | D | |
| Common StockF1,F2 | Jun 6, 2017 | S | 20,000 | $34.86 | D | 266,216 | 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)F3 | $22.50 | Jun 6, 2017 | M | 20,000 | D | — | Oct 3, 2017 | Common Stock | 20,000 | 0 | D |
Explanation of responses
- F1MS. WILLARD HAS EXERCISED THESE EMPLOYEE STOCK OPTIONS AS THEY ARE DUE TO EXPIRE IN OCTOBER 2017.
- F2This transaction was executed in multiple trades at prices ranging from $34.85 to $34.90. 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.
- F3The options vested 5,000 each on October 3, 2008 and 2009 and 10,000 on January 25, 2010, and were due to expire in October 2017.