0001335258-22-000043.txt : 20220325
0001335258-22-000043.hdr.sgml : 20220325
20220325190232
ACCESSION NUMBER: 0001335258-22-000043
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20220323
FILED AS OF DATE: 20220325
DATE AS OF CHANGE: 20220325
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Rapino Michael
CENTRAL INDEX KEY: 0001337041
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-32601
FILM NUMBER: 22772850
MAIL ADDRESS:
STREET 1: 9348 CIVIC CENTER DRIVE
STREET 2: FOURTH FLOOR
CITY: BEVERLY HILLS
STATE: CA
ZIP: 90210
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Live Nation Entertainment, Inc.
CENTRAL INDEX KEY: 0001335258
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-AMUSEMENT & RECREATION SERVICES [7900]
IRS NUMBER: 203247759
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 9348 CIVIC CENTER DRIVE
CITY: BEVERLY HILLS
STATE: CA
ZIP: 90210
BUSINESS PHONE: 310-867-7200
MAIL ADDRESS:
STREET 1: 9348 CIVIC CENTER DRIVE
CITY: BEVERLY HILLS
STATE: CA
ZIP: 90210
FORMER COMPANY:
FORMER CONFORMED NAME: Live Nation, Inc.
DATE OF NAME CHANGE: 20060111
FORMER COMPANY:
FORMER CONFORMED NAME: CCE Spinco, Inc.
DATE OF NAME CHANGE: 20050804
4
1
wf-form4_164824933672143.xml
FORM 4
X0306
4
2022-03-23
0
0001335258
Live Nation Entertainment, Inc.
LYV
0001337041
Rapino Michael
C/O LIVE NATION ENTERTAINMENT, INC.
9348 CIVIC CENTER DRIVE
BEVERLY HILLS
CA
90210
1
1
0
0
President & CEO
Common Stock
2022-03-23
4
M
0
100000
8.71
A
3026241
D
Common Stock
2022-03-23
4
S
0
41917
115.33
D
2984324
D
Common Stock
2022-03-23
4
S
0
32032
115.97
D
2952292
D
Common Stock
2022-03-23
4
S
0
3871
117.01
D
2948421
D
Common Stock
2022-03-23
4
S
0
180
117.65
D
2948241
D
Common Stock
2022-03-24
4
M
0
100000
8.71
A
3048241
D
Common Stock
2022-03-24
4
S
0
2472
114.92
D
3045769
D
Common Stock
2022-03-24
4
S
0
5215
115.90
D
3040554
D
Common Stock
2022-03-24
4
S
0
36545
117.14
D
3004009
D
Common Stock
2022-03-24
4
S
0
33768
117.53
D
2970241
D
Common Stock
2022-03-25
4
M
0
100000
8.77
A
3070241
D
Common Stock
2022-03-25
4
S
0
26503
115.40
D
3043738
D
Common Stock
2022-03-25
4
S
0
39823
116.24
D
3003915
D
Common Stock
2022-03-25
4
S
0
7695
117.22
D
2996220
D
Common Stock
2022-03-25
4
S
0
3979
118.21
D
2992241
D
Stock Option (buy)
8.71
2022-03-23
4
M
0
100000
0
D
2022-08-27
Common Stock
100000.0
100000
D
Stock Option (buy)
8.71
2022-03-24
4
M
0
100000
0
D
2022-08-27
Common Stock
100000.0
0
D
Stock Option (buy)
8.77
2022-03-25
4
M
0
100000
0
D
2022-12-10
Common Stock
100000.0
3500000
D
The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan (the "trading plan"). Mr. Rapino has entered into this trading plan to exercise options which were granted in 2012 and would otherwise expire in 2022. Mr. Rapino's compensation continues to be heavily tied to the company's long-term performance. The payment of the options' exercise price and associated taxes will account for the majority of the proceeds from these options, with Mr. Rapino then receiving 66,000 shares of stock under the trading plan and the remainder being settled in cash. Following all transactions under the trading plan, which will exercise all expiring options, Mr. Rapino expects to then hold approximately 3.8 million shares of common stock, inclusive of all other common stock and restricted stock holdings, plus options to acquire an additional 627,602 shares of common stock.
This transaction was executed in multiple trades at prices ranging from $114.61 to $115.60. 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.
This transaction was executed in multiple trades at prices ranging from $115.61 to $116.59. 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.
This transaction was executed in multiple trades at prices ranging from $116.63 to $117.59. 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.
This transaction was executed in multiple trades at prices ranging from $117.65 to $117.69. 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.
This transaction was executed in multiple trades at prices ranging from $114.26 to $115.22. 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.
This transaction was executed in multiple trades at prices ranging from $115.32 to $116.25. 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.
This transaction was executed in multiple trades at prices ranging from $116.33 to $117.32. 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.
This transaction was executed in multiple trades at prices ranging from $117.33 to $117.82. 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.
This transaction was executed in multiple trades at prices ranging from $114.83 to $115.82. 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.
This transaction was executed in multiple trades at prices ranging from $115.83 to $116.82. 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.
This transaction was executed in multiple trades at prices ranging from $116.83 to $117.80. 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.
This transaction was executed in multiple trades at prices ranging from $117.83 to $118.80. 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.
The reporting person received the stock options on August 27, 2012 pursuant to an award under the Live Nation Entertainment, Inc. 2005 Stock Incentive Plan, as amended and restated as of March 19, 2015. The options vested in four equal installments on August 27, 2013, 2014, 2015 and 2016.
The reporting person received the stock options on December 10, 2012 pursuant to an award under the Live Nation Entertainment, Inc. 2005 Stock Incentive Plan, as amended and restated as of March 19, 2015. The options vested in five equal installments on December 10, 2013, 2014, 2015, 2016 and 2017.
Brian Capo, Attorney-in-Fact for Michael Rapino
2022-03-25