1. Title of Derivative Security (Instr. 4) |
2. Date Exercisable and Expiration Date (Month/Day/Year) |
3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) |
4. Conversion or Exercise Price of Derivative Security |
5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5) |
6. Nature of Indirect Beneficial Ownership (Instr. 5) |
Date Exercisable |
Expiration Date |
Title |
Amount or Number of Shares |
Restricted Stock Unit
|
Â
(2)
|
Â
(2)
|
Common Stock, par value $0.01
|
294,875
|
$
0
(2)
|
D
|
Â
|
Restricted Stock Unit
|
Â
(3)
|
Â
(3)
|
Common Stock, par value $0.01
|
372,854
|
$
0
(3)
|
D
|
Â
|
Restricted Stock Unit
|
Â
(4)
|
Â
(4)
|
Common Stock, par value $0.01
|
213,060
|
$
0
(4)
|
D
|
Â
|
Stock Option (buy)
|
Â
(5)
|
10/29/2018 |
Common Stock, par value $0.01
|
2,948,745
(5)
|
$
13.57
(5)
|
D
|
Â
|
Stock Option (buy)
|
Â
(6)
|
05/06/2019 |
Common Stock, par value $0.01
|
2,130,598
(6)
|
$
5.12
(6)
|
D
|
Â
|
* |
If the form is filed by more than one reporting person, see Instruction 5(b)(v). |
** |
Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) |
In connection with the merger (the "Merger") of Ticketmaster Entertainment, Inc. ("Ticketmaster") with and into a wholly-owned subsidiary of the Issuer on January 25, 2010, each of the 1,000,000 shares of common stock, par value $0.01, of Ticketmaster ("Ticketmaster Common Stock") previously held by the Reporting Person was cancelled and converted into the right to receive 1.4743728 shares of common stock, par value $0.01 per share, of the Issuer ("Issuer Common Stock"). On January 25, 2010, the closing price of Issuer Common Stock as reported on the New York Stock Exchange was $10.51 per share, and the closing price of Ticketmaster Common Stock as reported on the NASDAQ Global Select Market was $15.40 per share. |
(2) |
Received in connection with the Merger on January 25, 2010 in exchange for 200,000 Ticketmaster restricted stock units previously held by the Reporting Person. The Issuer restricted stock units vest in four equal annual installments with the first vesting on June 9, 2010, subject to satisfaction of performance goals. |
(3) |
Received in connection with the Merger on January 25, 2010 in exchange for 252,890 Ticketmaster restricted stock units previously held by the Reporting Person. The Issuer restricted stock units vest in equal tranches of 25% upon the later of (a) the first, second, third and fourth anniversaries of January 25, 2010, the closing date of the Merger and (b) the date that the average closing trading price for Live Nation Entertainment, Inc. common stock over any consecutive 12-month period following the Merger exceeds $21.30. |
(4) |
Received in connection with the Merger on January 25, 2010 in exchange for 144,509 Ticketmaster restricted stock units previously held by the Reporting Person. The Issuer restricted stock units vest on the first, second, third and fourth anniversaries of January 25, 2010, the closing date of the merger, subject to satisfaction of performance goals. |
(5) |
Received in connection with the Merger on January 25, 2010 in exchange for an option to acquire 2,000,000 shares of Ticketmaster Common Stock at an exercise price of $20.00 per share previously held by the Reporting Person. This option to acquire Issuer Common Stock was 25% vested on January 25, 2010 and the remainder vests in three equal annual installments with the first vesting on October 29, 2010. |
(6) |
Received in connection with the Merger on January 25, 2010 in exchange for an option to acquire 1,445,088 shares of Ticketmaster Common Stock at an exercise price of $7.55 per share previously held by the Reporting Person. This option to acquire Issuer Common Stock was 25% vested on January 25, 2010 and the remainder vests in three equal annual installments with the first vesting on October 29, 2010. |