0001335258-21-000017.txt : 20210305 0001335258-21-000017.hdr.sgml : 20210305 20210305193623 ACCESSION NUMBER: 0001335258-21-000017 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20210303 FILED AS OF DATE: 20210305 DATE AS OF CHANGE: 20210305 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: 21720284 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_161499096728294.xml FORM 4 X0306 4 2021-03-03 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 2021-03-03 4 M 0 85000 11.69 A 915769 D Common Stock 2021-03-03 4 S 0 79725 91.77 D 836044 D Common Stock 2021-03-03 4 S 0 5275 92.21 D 830769 D Common Stock 2021-03-04 4 M 0 32300 11.69 A 863069 D Common Stock 2021-03-04 4 M 0 52700 20.90 A 915769 D Common Stock 2021-03-04 4 S 0 22658 89.56 D 893111 D Common Stock 2021-03-04 4 S 0 32643 90.53 D 860468 D Common Stock 2021-03-04 4 S 0 16015 91.26 D 844453 D Common Stock 2021-03-04 4 S 0 13684 92.63 D 830769 D Common Stock 2021-03-05 4 M 0 85000 20.90 A 915769 D Common Stock 2021-03-05 4 S 0 37725 88.06 D 878044 D Common Stock 2021-03-05 4 S 0 33388 88.93 D 844656 D Common Stock 2021-03-05 4 S 0 11504 89.82 D 833152 D Common Stock 2021-03-05 4 S 0 2383 91.19 D 830769 D Stock Option (buy) 11.69 2021-03-03 4 M 0 85000 0 D 2023-03-13 Common Stock 85000.0 32300 D Stock Option (buy) 11.69 2021-03-04 4 M 0 32300 0 D 2023-03-13 Common Stock 32300.0 0 D Stock Option (buy) 20.9 2021-03-04 4 M 0 52700 0 D 2024-01-15 Common Stock 52700.0 697300 D Stock Option (buy) 20.9 2021-03-05 4 M 0 85000 0 D 2024-01-15 Common Stock 85000.0 612300 D The options exercised by Mr. Berchtold represent 12% of the intrinsic value of his total holdings (including both vested and unvested shares and stock options) based on the closing price of our stock on March 2, 2021 of $90.57, prior to any sales. Mr. Berchtold has sold 85,000 shares on each of March 3rd, March 4th and March 5th for estate planning purposes. Following the sale transactions reported on this Form 4, Mr. Berchtold continues to hold 1,715.890 shares and stock options, including both vested and unvested shares and stock options. This transaction was executed in multiple trades at prices ranging from $91.19 to $92.17. 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 $92.20 to $92.26. 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 $89.00 to $89.95. 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 $90.01 to $91.00. 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 $91.01 to $91.70. 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 $92.10 to $92.96. 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 $87.53 to $88.50. 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 $88.54 to $89.53. 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 $89.54 to $90.44. 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 $90.58 to $91.37. 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 March 13, 2013 pursuant to an award under the Amended and Restated Ticketmaster Entertainment, Inc. 2008 Stock and Annual Incentive Plan. These options vested in two equal installments on March 31, 2014 and 2015. The reporting person received the stock options on January 15, 2014 pursuant to an award under the Amended and Restated Ticketmaster Entertainment, Inc. 2008 Stock and Annual Incentive Plan. The options vested in four equal installments on January 15, 2015, 2016, 2017 and 2018. Kathy Willard, Attorney-in-Fact for Joe Berchtold 2021-03-05