Accession Number: | 0001335258-20-000127 |
Date: | 2020-06-05 |
Issuer: | LIVE NATION ENTERTAINMENT, INC. (LYV) |
Original Submission Date: |
RAPINO MICHAEL
C/O LIVE NATION ENTERTAINMENT, INC.
9348 CIVIC CENTER DRIVE
BEVERLY HILLS, CA 90210
Title of Security | Transaction Date | 2a. Deemed Execution Date | Transaction Code | Shares | Acquired or Disposed | Price per share | 5. Amount of Securities Beneficially Owned Following Reported Transaction | 6. Ownership Form Direct or Indirect | Nature of Indirect Ownership |
---|---|---|---|---|---|---|---|---|---|
COMMON STOCK | 2020-06-05 | M | 400,000 | a | $11.01 | 2,820,129 | direct | ||
COMMON STOCK | 2020-06-05 | F | 247,211 | d | $56.96 | 2,572,918 | direct |
Title of Derivative Security | Conversion or Exercise Price of Derivative Security | Transaction Date | Deemed Execution Date | Transaction Code | Number of Derivative Securities Acquired (A) or Disposed of (D) | Date Exercisable | Expiration Date | Title and Amount of Securities Underlying Derivative Security | Price of Derivative Security | Number of derivative Securities Beneficially Owned Following Reported Transaction(s) | Ownership Form: Direct (D) or Indirect (I) | Nature of Indirect Beneficial Ownership |
---|---|---|---|---|---|---|---|---|---|---|---|---|
STOCK OPTION (BUY) | 11.01 | 2020-06-05 | deemed execution date | M | 400,000 (d) | 2020-06-23 | common stock 400,000 | $11.01 | 0 | direct |
ID | footnote |
---|---|
f1 | mr. rapino has exercised these employee stock options as they are due to expire in june 2020. |
f2 | these shares underlying the stock options reflected in table ii were withheld by the company to satisfy payment of the stock option exercise price and tax withholdings. mr. rapino held the remaining shares and has sold no shares in the open market pursuant to the transactions reported on this form 4. the transactions reported on this form 4 represent a net acquisition of 152,789 shares of common stock by mr. rapino. |
f3 | the reporting person received the stock options on june 23, 2010 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 june 23, 2011, 2012, 2013 and 2014. |