LYV

SEC source: 0001335258-21-000026 · wf-form4_161532627726194.xml · nonDerivative · entry 1

Willard Elizabeth Kathleen · CIK 0001345871 · EVP & Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 286,677

F1 · price: Reporting person received the award under the Live Nation Entertainment, Inc. 2005 Stock Incentive Plan, as amended and restated as of March 19, 2015.

F2 · price: Represents a restricted stock award. These shares will vest 50% each on March 31, 2022 and March 31, 2023.

SEC source: 0001335258-21-000019 · wf-form4_161499111904314.xml · nonDerivative · entry 1

HINSON JEFFREY T. · CIK 0001248251 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 58,136

F1 · price: This transaction was executed in multiple trades at prices ranging from $90.50 to $90.67. 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.

SEC source: 0001335258-21-000017 · wf-form4_161499096728294.xml · derivative · entry 17

Berchtold Joe · CIK 0001552281 · President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 697,300

Underlying: Common Stock · 52,700 shares

Expires 2024-01-15

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F13 · derivative.exercise_date: 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.

SEC source: 0001335258-21-000017 · wf-form4_161499096728294.xml · derivative · entry 16

Berchtold Joe · CIK 0001552281 · President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 32,300 shares

Expires 2023-03-13

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F12 · derivative.exercise_date: 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.

SEC source: 0001335258-21-000017 · wf-form4_161499096728294.xml · nonDerivative · entry 9

Berchtold Joe · CIK 0001552281 · President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 830,769

F7 · price: 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.

SEC source: 0001335258-21-000017 · wf-form4_161499096728294.xml · nonDerivative · entry 8

Berchtold Joe · CIK 0001552281 · President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 844,453

F6 · price: 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.

SEC source: 0001335258-21-000017 · wf-form4_161499096728294.xml · nonDerivative · entry 7

Berchtold Joe · CIK 0001552281 · President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 860,468

F5 · price: 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.

SEC source: 0001335258-21-000017 · wf-form4_161499096728294.xml · nonDerivative · entry 6

Berchtold Joe · CIK 0001552281 · President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 893,111

F4 · price: 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.

SEC source: 0001335258-21-000017 · wf-form4_161499096728294.xml · nonDerivative · entry 5

Berchtold Joe · CIK 0001552281 · President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 915,769

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · security: 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.

SEC source: 0001335258-21-000017 · wf-form4_161499096728294.xml · nonDerivative · entry 4

Berchtold Joe · CIK 0001552281 · President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 863,069

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · security: 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.

SEC source: 0001335258-21-000018 · wf-form4_161499104737185.xml · derivative · entry 5

Rowles Michael · CIK 0001356771 · EVP & General Counsel

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 37,300 shares

Expires 2021-07-15

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F4 · derivative.exercise_date: The options vested in four equal installments on July 15, 2012, 2013, 2014 and 2015.

SEC source: 0001335258-21-000018 · wf-form4_161499104737185.xml · nonDerivative · entry 4

Rowles Michael · CIK 0001356771 · EVP & General Counsel

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 151,898

F3 · price: This transaction was executed in multiple trades at prices ranging from $91.43 to $91.75. 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.

SEC source: 0001335258-21-000018 · wf-form4_161499104737185.xml · nonDerivative · entry 3

Rowles Michael · CIK 0001356771 · EVP & General Counsel

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 157,998

F2 · price: This transaction was executed in multiple trades at prices ranging from $90.43 to $91.42. 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.

SEC source: 0001335258-21-000018 · wf-form4_161499104737185.xml · nonDerivative · entry 2

Rowles Michael · CIK 0001356771 · EVP & General Counsel

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 182,136

F1 · price: This transaction was executed in multiple trades at prices ranging from $89.15 to $89.90. 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.

SEC source: 0001335258-21-000018 · wf-form4_161499104737185.xml · nonDerivative · entry 1

Rowles Michael · CIK 0001356771 · EVP & General Counsel

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 225,767

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

SEC source: 0001335258-21-000017 · wf-form4_161499096728294.xml · derivative · entry 15

Berchtold Joe · CIK 0001552281 · President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 32,300

Underlying: Common Stock · 85,000 shares

Expires 2023-03-13

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F12 · derivative.exercise_date: 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.

SEC source: 0001335258-21-000017 · wf-form4_161499096728294.xml · nonDerivative · entry 3

Berchtold Joe · CIK 0001552281 · President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 830,769

F3 · price: 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.

SEC source: 0001335258-21-000017 · wf-form4_161499096728294.xml · nonDerivative · entry 2

Berchtold Joe · CIK 0001552281 · President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 836,044

F2 · price: 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.

SEC source: 0001335258-21-000017 · wf-form4_161499096728294.xml · nonDerivative · entry 1

Berchtold Joe · CIK 0001552281 · President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 915,769

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · security: 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.

SEC source: 0001335258-21-000013 · wf-form4_161463680315254.xml · nonDerivative · entry 2

Capo Brian · CIK 0001439115 · Chief Accounting Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 9,599

F1 · shares: Represents shares withheld for tax purposes upon vesting of restricted stock grants.

SEC source: 0001335258-21-000012 · wf-form4_161463676011178.xml · nonDerivative · entry 2

Rowles Michael · CIK 0001356771 · EVP & General Counsel

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 188,467

F1 · shares: Represents shares withheld for tax purposes upon vesting of restricted stock grants.

SEC source: 0001335258-21-000013 · wf-form4_161463680315254.xml · nonDerivative · entry 1

Capo Brian · CIK 0001439115 · Chief Accounting Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 9,748

F1 · shares: Represents shares withheld for tax purposes upon vesting of restricted stock grants.

SEC source: 0001335258-21-000012 · wf-form4_161463676011178.xml · nonDerivative · entry 1

Rowles Michael · CIK 0001356771 · EVP & General Counsel

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 188,817

F1 · shares: Represents shares withheld for tax purposes upon vesting of restricted stock grants.

SEC source: 0001335258-20-000171 · wf-form4_160867155390459.xml · nonDerivative · entry 1

Rowles Michael · CIK 0001356771 · EVP & General Counsel

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 189,187

F1 · shares: Represents shares withheld for tax purposes upon vesting of restricted stock grants.

SEC source: 0001335258-20-000173 · wf-form4_160867159063214.xml · nonDerivative · entry 1

Berchtold Joe · CIK 0001552281 · President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 830,769

F1 · shares: Represents shares withheld for tax purposes upon vesting of restricted stock grants.

SEC source: 0001335258-20-000172 · wf-form4_160867157182275.xml · nonDerivative · entry 1

Willard Elizabeth Kathleen · CIK 0001345871 · EVP & Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 251,777

F1 · shares: Represents shares withheld for tax purposes upon vesting of restricted stock grants.

SEC source: 0001335258-20-000166 · wf-form4_160806955262178.xml · nonDerivative · entry 2

HINSON JEFFREY T. · CIK 0001248251 · Director

10b5-1 filing: Not disclosed

Ownership: Indirect · By son

Disclosed balance after: 200

F1 · kind: This transaction involved a gift of securities by the reporting person to his son, who shares the reporting person's household. The reporting person disclaims beneficial ownership of the shares held by his son, and this report should not be deemed an admission that the reporting person is the beneficial owner of his son's shares for purposes of Section 16 or for any other purpose. No securities were sold.

SEC source: 0001335258-20-000166 · wf-form4_160806955262178.xml · nonDerivative · entry 1

HINSON JEFFREY T. · CIK 0001248251 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 68,136

F1 · kind: This transaction involved a gift of securities by the reporting person to his son, who shares the reporting person's household. The reporting person disclaims beneficial ownership of the shares held by his son, and this report should not be deemed an admission that the reporting person is the beneficial owner of his son's shares for purposes of Section 16 or for any other purpose. No securities were sold.

SEC source: 0001335258-20-000167 · wf-form4_160806956969976.xml · nonDerivative · entry 2

KAHAN JAMES S · CIK 0001183261 · Director

10b5-1 filing: Not disclosed

Ownership: Indirect · By the James S. Kahan 2020 Irrevocable Gift Trust

Disclosed balance after: 72,500

F1 · kind: This transaction involved a gift of securities for estate and tax planning purposes. No securities were sold.

F2 · balance_after: The reporting person is trustee and one of the beneficiaries of the James S. Kahan 2020 Irrevocable Gift Trust. The reporting person disclaims beneficial ownership of the shares owned by the James S. Kahan 2020 Irrevocable Gift Trust except to the extent of his pecuniary interests therein, and this report should not be deemed an admission that the reporting person is the beneficial owner of such shares for purposes of Section 16 or for any other purpose.

SEC source: 0001335258-20-000167 · wf-form4_160806956969976.xml · nonDerivative · entry 1

KAHAN JAMES S · CIK 0001183261 · Director

10b5-1 filing: Not disclosed

Ownership: Indirect · By the James S. and Diane Ross Kahan Management Trust

Disclosed balance after: 12,321

F1 · kind: This transaction involved a gift of securities for estate and tax planning purposes. No securities were sold.

SEC source: 0001104659-20-126518 · a4.xml · derivative · entry 1

Liberty Media Corp · CIK 0001560385 · Director · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: Not disclosed

Underlying: Common Stock · 1,331,796 shares

Expires 2050-12-01

F1 · derivative.exercise_price: On November 17, 2020, the reporting person sold, pursuant to an option to purchase additional Debentures (as defined below) granted to the initial purchasers under a purchase agreement dated as of November 9, 2020, $120,000,000 aggregate principal amount of its 0.50% exchangeable senior debentures due 2050 (the "Debentures") in a private sale pursuant to Rule 144A. Each $1,000 principal amount of Debentures is intially exchangeable for 11.0983 shares of the issuer's common stock, par value $0.01 per share (the "Common Stock"). Upon exchange at the option of the holder or a purchase of the Debentures pursuant to a holder's put right, the reporting person may elect physical or cash settlement, or a combination thereof.

F2 · derivative.exercise_price: Each Debenture is exchangeable at the option of the holder during specified periods as set forth in the Remarks section. Holders of the Debentures may put them to the reporting person on September 1, 2024, or prior thereto following the occurrence of a "fundamental change," and the Debentures may be redeemed by the reporting person, (i) in whole or in part, on or after September 1, 2024 at any time, or (ii) in whole, but not in part, prior to September 1, 2024, after the occurrence of certain conditions or events.

F1 · kind: On November 17, 2020, the reporting person sold, pursuant to an option to purchase additional Debentures (as defined below) granted to the initial purchasers under a purchase agreement dated as of November 9, 2020, $120,000,000 aggregate principal amount of its 0.50% exchangeable senior debentures due 2050 (the "Debentures") in a private sale pursuant to Rule 144A. Each $1,000 principal amount of Debentures is intially exchangeable for 11.0983 shares of the issuer's common stock, par value $0.01 per share (the "Common Stock"). Upon exchange at the option of the holder or a purchase of the Debentures pursuant to a holder's put right, the reporting person may elect physical or cash settlement, or a combination thereof.

F2 · kind: Each Debenture is exchangeable at the option of the holder during specified periods as set forth in the Remarks section. Holders of the Debentures may put them to the reporting person on September 1, 2024, or prior thereto following the occurrence of a "fundamental change," and the Debentures may be redeemed by the reporting person, (i) in whole or in part, on or after September 1, 2024 at any time, or (ii) in whole, but not in part, prior to September 1, 2024, after the occurrence of certain conditions or events.

F2 · derivative.exercise_date: Each Debenture is exchangeable at the option of the holder during specified periods as set forth in the Remarks section. Holders of the Debentures may put them to the reporting person on September 1, 2024, or prior thereto following the occurrence of a "fundamental change," and the Debentures may be redeemed by the reporting person, (i) in whole or in part, on or after September 1, 2024 at any time, or (ii) in whole, but not in part, prior to September 1, 2024, after the occurrence of certain conditions or events.

F1 · valueOwnedAfter: On November 17, 2020, the reporting person sold, pursuant to an option to purchase additional Debentures (as defined below) granted to the initial purchasers under a purchase agreement dated as of November 9, 2020, $120,000,000 aggregate principal amount of its 0.50% exchangeable senior debentures due 2050 (the "Debentures") in a private sale pursuant to Rule 144A. Each $1,000 principal amount of Debentures is intially exchangeable for 11.0983 shares of the issuer's common stock, par value $0.01 per share (the "Common Stock"). Upon exchange at the option of the holder or a purchase of the Debentures pursuant to a holder's put right, the reporting person may elect physical or cash settlement, or a combination thereof.

SEC source: 0001104659-20-125222 · a4.xml · derivative · entry 1

Liberty Media Corp · CIK 0001560385 · Director · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: Not disclosed

Underlying: Common Stock · 8,878,640 shares

Expires 2050-12-01

F1 · derivative.exercise_price: On November 12, 2020, the reporting person sold, pursuant to a purchase agreement, $800,000,000 aggregate principal amount of its 0.50% exchangeable senior debentures due 2050 (the "Debentures") in a private sale pursuant to Rule 144A. Each $1,000 principal amount of Debentures is intially exchangeable for 11.0983 shares of the issuer's common stock, par value $0.01 per share (the "Common Stock"). Upon exchange at the option of the holder or a purchase of the Debentures pursuant to a holder's put right, the reporting person may elect physical or cash settlement, or a combination thereof.

F2 · derivative.exercise_price: Each Debenture is exchangeable at the option of the holder during specified periods as set forth in the Remarks section. Holders of the Debentures may put them to the reporting person on September 1, 2024, or prior thereto following the occurrence of a "fundamental change," and the Debentures may be redeemed by the reporting person, (i) in whole or in part, on or after September 1, 2024 at any time, or (ii) in whole, but not in part, prior to September 1, 2024, after the occurrence of certain conditions or events.

F1 · kind: On November 12, 2020, the reporting person sold, pursuant to a purchase agreement, $800,000,000 aggregate principal amount of its 0.50% exchangeable senior debentures due 2050 (the "Debentures") in a private sale pursuant to Rule 144A. Each $1,000 principal amount of Debentures is intially exchangeable for 11.0983 shares of the issuer's common stock, par value $0.01 per share (the "Common Stock"). Upon exchange at the option of the holder or a purchase of the Debentures pursuant to a holder's put right, the reporting person may elect physical or cash settlement, or a combination thereof.

F2 · kind: Each Debenture is exchangeable at the option of the holder during specified periods as set forth in the Remarks section. Holders of the Debentures may put them to the reporting person on September 1, 2024, or prior thereto following the occurrence of a "fundamental change," and the Debentures may be redeemed by the reporting person, (i) in whole or in part, on or after September 1, 2024 at any time, or (ii) in whole, but not in part, prior to September 1, 2024, after the occurrence of certain conditions or events.

F2 · derivative.exercise_date: Each Debenture is exchangeable at the option of the holder during specified periods as set forth in the Remarks section. Holders of the Debentures may put them to the reporting person on September 1, 2024, or prior thereto following the occurrence of a "fundamental change," and the Debentures may be redeemed by the reporting person, (i) in whole or in part, on or after September 1, 2024 at any time, or (ii) in whole, but not in part, prior to September 1, 2024, after the occurrence of certain conditions or events.

F1 · valueOwnedAfter: On November 12, 2020, the reporting person sold, pursuant to a purchase agreement, $800,000,000 aggregate principal amount of its 0.50% exchangeable senior debentures due 2050 (the "Debentures") in a private sale pursuant to Rule 144A. Each $1,000 principal amount of Debentures is intially exchangeable for 11.0983 shares of the issuer's common stock, par value $0.01 per share (the "Common Stock"). Upon exchange at the option of the holder or a purchase of the Debentures pursuant to a holder's put right, the reporting person may elect physical or cash settlement, or a combination thereof.

SEC source: 0001335258-20-000154 · wf-form4_160445745514765.xml · nonDerivative · entry 1

Rapino Michael · CIK 0001337041 · Director · President & CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 2,534,812

F1 · shares: Represents shares withheld for tax purposes upon vesting of restricted stock grants.

SEC source: 0001335258-20-000128 · wf-form4_159140807668195.xml · nonDerivative · entry 1

HINSON JEFFREY T. · CIK 0001248251 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 68,336

F1 · price: This transaction was executed in multiple trades at prices ranging from $58.01 to $58.05. 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.

SEC source: 0001335258-20-000127 · wf-form4_159140805466639.xml · derivative · entry 3

Rapino Michael · CIK 0001337041 · Director · President & CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 400,000 shares

Expires 2020-06-23

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F3 · derivative.exercise_date: 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.

SEC source: 0001335258-20-000127 · wf-form4_159140805466639.xml · nonDerivative · entry 2

Rapino Michael · CIK 0001337041 · Director · President & CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 2,572,918

F2 · shares: 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.

SEC source: 0001335258-20-000127 · wf-form4_159140805466639.xml · nonDerivative · entry 1

Rapino Michael · CIK 0001337041 · Director · President & CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 2,820,129

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · security: MR. RAPINO HAS EXERCISED THESE EMPLOYEE STOCK OPTIONS AS THEY ARE DUE TO EXPIRE IN JUNE 2020.

SEC source: 0001335258-20-000111 · wf-form4_159137483513370.xml · derivative · entry 3

Willard Elizabeth Kathleen · CIK 0001345871 · EVP & Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 68,040 shares

Expires 2020-06-23

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F3 · derivative.exercise_date: The options vested in four equal installments on June 23, 2011, 2012, 2013 and 2014, and were due to expire in June 2020.

SEC source: 0001335258-20-000111 · wf-form4_159137483513370.xml · nonDerivative · entry 2

Willard Elizabeth Kathleen · CIK 0001345871 · EVP & Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 258,359

F1 · security: MS. WILLARD HAS EXERCISED THESE EMPLOYEE STOCK OPTIONS AS THEY ARE DUE TO EXPIRE IN JUNE 2020.

F2 · price: This transaction was executed in multiple trades at prices ranging from $53.00 to $55.33. 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.

SEC source: 0001335258-20-000111 · wf-form4_159137483513370.xml · nonDerivative · entry 1

Willard Elizabeth Kathleen · CIK 0001345871 · EVP & Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 326,399

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

SEC source: 0001335258-20-000118 · wf-form4_159137499018943.xml · nonDerivative · entry 1

MAFFEI GREGORY B · CIK 0001099636 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 96,390

F1 · price: Reporting person received the award under the Live Nation Entertainment, Inc. 2005 Stock Incentive Plan, as amended and restated as of March 19, 2015.

F2 · price: Represents a restricted stock award. These shares will vest in full on June 3, 2021.

SEC source: 0001335258-20-000115 · wf-form4_159137492651354.xml · nonDerivative · entry 1

Carter Maverick · CIK 0001762031 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 10,113

F1 · price: Reporting person received the award under the Live Nation Entertainment, Inc. 2005 Stock Incentive Plan, as amended and restated as of March 19, 2015.

F2 · price: Represents a restricted stock award. These shares will vest in full on June 3, 2021.

SEC source: 0001335258-20-000119 · wf-form4_159137501269384.xml · nonDerivative · entry 1

Emanuel Ariel · CIK 0001320234 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 6,850

F1 · price: Reporting person received the award under the Live Nation Entertainment, Inc. 2005 Stock Incentive Plan, as amended and restated as of March 19, 2015.

F2 · price: Represents a restricted stock award. These shares will vest in full on June 3, 2021.

SEC source: 0001335258-20-000122 · wf-form4_159137508017583.xml · nonDerivative · entry 1

KAHAN JAMES S · CIK 0001183261 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 89,423

F1 · price: Reporting person received the award under the Live Nation Entertainment, Inc. 2005 Stock Incentive Plan, as amended and restated as of March 19, 2015.

F2 · price: Represents a restricted stock award. These shares will vest in full on June 3, 2021.

SEC source: 0001335258-20-000113 · wf-form4_159137487927306.xml · nonDerivative · entry 1

HINSON JEFFREY T. · CIK 0001248251 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 71,336

F1 · price: Reporting person received the award under the Live Nation Entertainment, Inc. 2005 Stock Incentive Plan, as amended and restated as of March 19, 2015.

F2 · price: Represents a restricted stock award. These shares will vest in full on June 3, 2021.

SEC source: 0001335258-20-000114 · wf-form4_159137490451124.xml · nonDerivative · entry 1

MAYS RANDALL THOMAS · CIK 0001212885 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 101,322

F1 · price: Reporting person received the award under the Live Nation Entertainment, Inc. 2005 Stock Incentive Plan, as amended and restated as of March 19, 2015.

F2 · price: Represents a restricted stock award. These shares will vest in full on June 3, 2021.

SEC source: 0001335258-20-000121 · wf-form4_159137505785749.xml · nonDerivative · entry 1

SHAPIRO MARK S · CIK 0001345978 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 43,791

F1 · price: Reporting person received the award under the Live Nation Entertainment, Inc. 2005 Stock Incentive Plan, as amended and restated as of March 19, 2015.

F2 · price: Represents a restricted stock award. These shares will vest in full on June 3, 2021.

SEC source: 0001335258-20-000120 · wf-form4_159137503589672.xml · nonDerivative · entry 1

Fu Ping · CIK 0001742720 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 12,429

F1 · price: Reporting person received the award under the Live Nation Entertainment, Inc. 2005 Stock Incentive Plan, as amended and restated as of March 19, 2015.

F2 · price: Represents a restricted stock award. These shares will vest in full on June 3, 2021.

SEC source: 0001335258-20-000117 · wf-form4_159137496908286.xml · nonDerivative · entry 1

Hollingsworth Chad · CIK 0001634652 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 4,481

F1 · price: Reporting person received the award under the Live Nation Entertainment, Inc. 2005 Stock Incentive Plan, as amended and restated as of March 19, 2015.

F2 · price: Represents a restricted stock award. These shares will vest in full on June 3, 2021.

SEC source: 0001335258-20-000116 · wf-form4_159137494722938.xml · nonDerivative · entry 1

Iovine Jimmy · CIK 0001626781 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 29,451

F1 · price: Reporting person received the award under the Live Nation Entertainment, Inc. 2005 Stock Incentive Plan, as amended and restated as of March 19, 2015.

F2 · price: Represents a restricted stock award. These shares will vest in full on June 3, 2021.