SEC Form 4 · accession 0001335258-17-000137
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
Nov 8, 2017
Accepted (ET)
Nov 13, 2017 · 5:02 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 | Nov 8, 2017 | S | 20,000 | $45.43 | D | 117,918 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1MR. BERCHTOLD HELD A TOTAL OF 1,418,040 SHARES AND STOCK OPTIONS, INCLUDING BOTH VESTED AND UNVESTED SHARES/STOCK OPTIONS, AS OF NOVEMBER 7, 2017. MR. BERCHTOLD SOLD THE SECURITIES REPORTED ON THIS FORM 4 IN ORDER TO DIVERSIFY HIS PORTFOLIO AND FOR TAX PLANNING PURPOSES. THESE SECURITIES REPRESENT APPROXIMATELY 1% OF THE SHARES AND STOCK OPTIONS HELD BY MR. BERCHTOLD IMMEDIATELY PRIOR TO SUCH SALES.
- F2This transaction was executed in multiple trades at prices ranging from $45.26 to $45.51. 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.