Form Type: 4

SEC EDGAR Link
Accession Number:0001335258-21-000017
Date:2021-03-03
Issuer: LIVE NATION ENTERTAINMENT, INC. (LYV)
Original Submission Date:

Reporting Person:

BERCHTOLD JOE
C/O LIVE NATION ENTERTAINMENT, INC.
9348 CIVIC CENTER DRIVE BEVERLY HILLS, CA 90210

Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
Title of SecurityTransaction Date2a. Deemed Execution Date Transaction CodeSharesAcquired or DisposedPrice per share 5. Amount of Securities Beneficially Owned Following Reported Transaction 6. Ownership Form Direct or IndirectNature of Indirect Ownership
COMMON STOCK 2021-03-03 M 85,000 a $11.69 915,769 direct
COMMON STOCK 2021-03-03 S 79,725 d $91.77 836,044 direct
COMMON STOCK 2021-03-03 S 5,275 d $92.21 830,769 direct
COMMON STOCK 2021-03-04 M 32,300 a $11.69 863,069 direct
COMMON STOCK 2021-03-04 M 52,700 a $20.90 915,769 direct
COMMON STOCK 2021-03-04 S 22,658 d $89.56 893,111 direct
COMMON STOCK 2021-03-04 S 32,643 d $90.53 860,468 direct
COMMON STOCK 2021-03-04 S 16,015 d $91.26 844,453 direct
COMMON STOCK 2021-03-04 S 13,684 d $92.63 830,769 direct
COMMON STOCK 2021-03-05 M 85,000 a $20.90 915,769 direct
COMMON STOCK 2021-03-05 S 37,725 d $88.06 878,044 direct
COMMON STOCK 2021-03-05 S 33,388 d $88.93 844,656 direct
COMMON STOCK 2021-03-05 S 11,504 d $89.82 833,152 direct
COMMON STOCK 2021-03-05 S 2,383 d $91.19 830,769 direct
Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, convertible securities
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 ExercisableExpiration 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) 11.69 2021-03-03 deemed execution date M 85,000 (d) 2023-03-13 common stock 85,000 $11.69 32,300 direct
STOCK OPTION (BUY) 11.69 2021-03-04 deemed execution date M 32,300 (d) 2023-03-13 common stock 32,300 $11.69 0 direct
STOCK OPTION (BUY) 20.9 2021-03-04 deemed execution date M 52,700 (d) 2024-01-15 common stock 52,700 $20.90 697,300 direct
STOCK OPTION (BUY) 20.9 2021-03-05 deemed execution date M 85,000 (d) 2024-01-15 common stock 85,000 $20.90 612,300 direct
Footnotes
IDfootnote
f1 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.
f2 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.
f3 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.
f4 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.
f5 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.
f6 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.
f7 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.
f8 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.
f9 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.
f10 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.
f11 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.
f12 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.
f13 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.

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