0001335258-20-000004.txt : 20200116
0001335258-20-000004.hdr.sgml : 20200116
20200116163709
ACCESSION NUMBER: 0001335258-20-000004
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20200114
FILED AS OF DATE: 20200116
DATE AS OF CHANGE: 20200116
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Berchtold Joe
CENTRAL INDEX KEY: 0001552281
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-32601
FILM NUMBER: 20531399
MAIL ADDRESS:
STREET 1: C/O LIVE NATION ENTERTAINMENT, INC.
STREET 2: 9348 CIVIC CENTER DRIVE
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_157921060825026.xml
FORM 4
X0306
4
2020-01-14
0
0001335258
Live Nation Entertainment, Inc.
LYV
0001552281
Berchtold Joe
C/O LIVE NATION ENTERTAINMENT, INC.
9348 CIVIC CENTER DRIVE
BEVERLY HILLS
CA
90210
0
1
0
0
President
Common Stock
2020-01-14
4
M
0
240000
0
A
833580
D
Performance Share Award
2020-01-14
4
M
0
240000
0
D
Common Stock
0
D
Reporting person received the award under the Live Nation Entertainment, Inc. 2005 Stock Incentive Plan, as amended and restated as of March 19, 2015, in connection with the attainment of a stock price target for a previously-issued performance share award, as further set forth in footnotes 4-6 below.
Represents a restricted stock award. These shares will vest in full on December 31, 2022, as explained in footnote 6 below.
Each performance share award represents a contingent right to receive one restricted share of Issuer's common stock, as further set forth in footnotes 4-6 below.
The attainment of a stock price target resulted in the vesting and conversion of a portion of the award into the 240,000 shares of restricted stock reflected in Table 1. Following the reported transaction, all stock price targets under the award have been met, and no additional shares of restricted stock are issuable under the award.
Each performance share award represents the right to receive, at settlement, a restricted share of Issuer's common stock based on attainment by Issuer, from time to time, of stock price targets (based on the closing price of Issuer's common stock on the NYSE on a particular day) over sixty days (which days do not have to be consecutive; the "Performance Targets") during a performance period beginning on November 1, 2017 and ending on December 31, 2022.
Vesting of performance share awards and restricted shares of common stock issued in respect thereof is subject to and conditioned in each case upon the reporting person's continued employment with Issuer through the applicable vesting date.
Kathy Willard, Attorney-in-Fact for Joe Berchtold
2020-01-16