Live Nation EVP sells shares, exercises options
Live Nation Entertainment EVP, M&A and Strategic Finance John Hopmans exercised stock options and sold shares of company stock.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
Live Nation Entertainment EVP, M&A and Strategic Finance John Hopmans exercised stock options and sold shares of company stock. He exercised employee stock options covering 83,480 shares of common stock at an exercise price of $29.03 per share, then sold a total of 93,078 common shares in multiple open-market sales at prices in the mid-$160s per share.
Following these transactions, Hopmans directly owns 188,751 shares of Live Nation common stock. The options he exercised were granted on March 16, 2017 under the company’s 2005 Stock Incentive Plan and would have expired in March 2027 if not exercised.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (buy) | 83,480 | $0.00 | $0.00 |
| Sale | Common Stock | 3,620 | $166.19 | $602K |
| Sale | Common Stock | 5,978 | $166.78 | $997K |
| Exercise | Common Stock | 83,480 | $29.03 | $2.42M |
| Sale | Common Stock | 18,940 | $164.37 | $3.11M |
| Sale | Common Stock | 12,796 | $165.81 | $2.12M |
| Sale | Common Stock | 46,991 | $166.60 | $7.83M |
| Sale | Common Stock | 4,753 | $167.41 | $796K |
Footnotes (7)
- F1. This transaction was executed in multiple trades at prices ranging from $165.44 to $166.43. 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.
- F2. This transaction was executed in multiple trades at prices ranging from $166.45 to $167.25. 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 $163.96 to $164.81. 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 $165.16 to $166.15. 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 $166.16 to $167.15. 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 $167.20 to $167.61. 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. The exercise of employee stock options by the reporting person that were granted approximately 9 years ago would expire in March 2027 if not exercised during an open trading window prior to such expiration. The reporting person received the stock options on March 16, 2017 under the Live Nation Entertainment, Inc. 2005 Stock Incentive Plan, as amended and restated as of March 19, 2015. The stock options vested in two equal annual installments on March 31, 2018 and March 31, 2019.
Key Figures
Key Terms
open-market sale financial
Stock Option (buy) financial
weighted average sale price financial
2005 Stock Incentive Plan financial
employee stock options financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did LYV executive John Hopmans report?
What stock options did John Hopmans exercise at Live Nation (LYV)?
When were the exercised Live Nation (LYV) stock options set to expire?
AI-generated analysis. How Rhea-AI works. Not financial advice.