X0306 4 2015-03-25 0 0001553588 SFX Entertainment, INC SFXE 0000940128 SILLERMAN ROBERT F X 430 PARK AVENUE, FLOOR 6 NEW YORK NY 10022 1 1 1 0 CEO & Chrmn of Bd of Directors Common Stock 2015-03-25 4 J 0 360000 0 D 2701000 D Common Stock 29960263 I By Sillerman Investment Company III LLC Common Stock 1333000 D The transaction reported in this row represents the transfer of shares to the counterparty to a nominee agreement with Mr. Sillerman. The counterparty previously named Mr. Sillerman as nominee with respect to these shares. Following this transfer, these shares are no longer subject to the nominee agreement and Mr. Sillerman is no longer a beneficial owner of such shares. These shares are beneficially owned by Mr. Sillerman pursuant to nominee agreements with various stockholders of the Company (including one partnership controlled by Mr. Sillerman) (such stockholders, the "Beneficiaries") that name Mr. Sillerman as nominee with respect to such shares. The nominee agreements may be terminated upon the earlier of (i) two business days after delivery by the Beneficiary to Mr. Sillerman of written notice to terminate the agreement or (ii) two business days after delivery by Mr. Sillerman to the Beneficiary of his written notice of resignation as nominee. These shares are owned indirectly by Mr. Sillerman as manager and sole member of Sillerman Investment Company III LLC. This row includes 100,000 restricted shares that will vest on December 31, 2015, 1,000,000 restricted shares that will vest on February 11, 2016, and 233,000 restricted shares that will vest on October 15, 2016, all subject to accelerated vesting under certain conditions as set forth in Mr. Sillerman's employment agreement. /s/ Robert FX Sillerman 2015-03-27