Berchtold Joe

SEC source: 0001335258-22-000157 · wf-form4_167183184544760.xml · derivative · entry 2

Berchtold Joe · CIK 0001552281 · President & CFO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 744,691

Underlying: Common Stock · 744,691 shares

Expires not disclosed

F1 · derivative.exercise_price: Each performance share award represents a contingent right to receive one restricted share of Issuer's common stock, as further set forth in footnotes 2 and 3 below.

F4 · 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 · derivative.exercise_date: Each performance share award represents the right to receive, at settlement, a restricted share of Issuer's common stock based on attainment by Issuer, from time to time, of stock price targets (based on the closing price of Issuer's common stock on the NYSE on a particular day) over sixty days (which days to not have to be consecutive; the "Performance Targets") during a performance period beginning on January 1, 2023 and ending on December 31, 2027. The number of awards shown is at the target level; actual restricted shares of common stock issued may range from 0% to 100% of the target level (0 to 744,691 restricted shares) based on which Performance Targets are attained. Settlement will occur, and restricted shares of common stock will be issued, from time to time during the performance period if and when a particular Performance Target is met. (Continued in footnote 3 below).

F3 · derivative.exercise_date: (Continued from footnote 2 above) The restricted shares of common stock issued in respect of performance share awards upon attainment of a particular Performance Target will vest, and the restrictions thereon will lapse, as follows: (i) 50% will vest on the date of attainment of the corresponding Performance Target, (ii) 20% will vest on the first anniversary of such attainment date, (iii) 20% will vest on the second anniversary of such attainment date, and (iv) the remaining 10% will vest on the third anniversary of such attainment date (to the extent such anniversary occurs before December 31, 2027). To the extent any earned Performance Target share awards remain unvested as of December 31, 2027, such shares will vest on December 31, 2027. Vesting of performance share awards and restricted shares of common stock issued in respect thereof is subject to and conditioned in each case upon the reporting person's continued employment with Issuer through the applicable vesting date.

F2 · derivative.expiration_date: Each performance share award represents the right to receive, at settlement, a restricted share of Issuer's common stock based on attainment by Issuer, from time to time, of stock price targets (based on the closing price of Issuer's common stock on the NYSE on a particular day) over sixty days (which days to not have to be consecutive; the "Performance Targets") during a performance period beginning on January 1, 2023 and ending on December 31, 2027. The number of awards shown is at the target level; actual restricted shares of common stock issued may range from 0% to 100% of the target level (0 to 744,691 restricted shares) based on which Performance Targets are attained. Settlement will occur, and restricted shares of common stock will be issued, from time to time during the performance period if and when a particular Performance Target is met. (Continued in footnote 3 below).

F3 · derivative.expiration_date: (Continued from footnote 2 above) The restricted shares of common stock issued in respect of performance share awards upon attainment of a particular Performance Target will vest, and the restrictions thereon will lapse, as follows: (i) 50% will vest on the date of attainment of the corresponding Performance Target, (ii) 20% will vest on the first anniversary of such attainment date, (iii) 20% will vest on the second anniversary of such attainment date, and (iv) the remaining 10% will vest on the third anniversary of such attainment date (to the extent such anniversary occurs before December 31, 2027). To the extent any earned Performance Target share awards remain unvested as of December 31, 2027, such shares will vest on December 31, 2027. Vesting of performance share awards and restricted shares of common stock issued in respect thereof is subject to and conditioned in each case upon the reporting person's continued employment with Issuer through the applicable vesting date.

SEC source: 0001335258-22-000133 · wf-form4_166086046756736.xml · nonDerivative · entry 1

Berchtold Joe · CIK 0001552281 · President & CFO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 849,710

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

SEC source: 0001335258-22-000080 · wf-form4_165238946874544.xml · nonDerivative · entry 1

Berchtold Joe · CIK 0001552281 · President & CFO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 855,575

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

SEC source: 0001335258-22-000048 · wf-form4_164885484817726.xml · nonDerivative · entry 1

Berchtold Joe · CIK 0001552281 · President & CFO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 861,441

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

SEC source: 0001335258-22-000033 · wf-form4_164643022807258.xml · nonDerivative · entry 3

Berchtold Joe · CIK 0001552281 · President & CFO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 872,024

F2 · 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.

F4 · price: Represents a restricted stock award. If certain financial performance targets specified by the company's Compensation Committee are achieved for the year of the grant, 50% of the award will vest on March 31, 2023 and the remaining 50% will vest on March 31, 2024.

SEC source: 0001335258-22-000033 · wf-form4_164643022807258.xml · nonDerivative · entry 2

Berchtold Joe · CIK 0001552281 · President & CFO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 860,884

F2 · 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.

F3 · price: Represents a restricted stock award. These shares will vest 50% on May 10, 2022 and 50% on August 16, 2022.

SEC source: 0001335258-22-000033 · wf-form4_164643022807258.xml · nonDerivative · entry 1

Berchtold Joe · CIK 0001552281 · President & CFO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 838,605

F1 · kind: Shares were gifted to charitable donor advised funds.

SEC source: 0001335258-22-000012 · wf-form4_164558001188150.xml · nonDerivative · entry 1

Berchtold Joe · CIK 0001552281 · President & CFO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 848,605

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

SEC source: 0001335258-21-000144 · wf-form4_164012959825726.xml · nonDerivative · entry 1

Berchtold Joe · CIK 0001552281 · President & CFO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 849,854

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

SEC source: 0001335258-21-000113 · wf-form4_162949356529660.xml · nonDerivative · entry 1

Berchtold Joe · CIK 0001552281 · President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 863,017

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 February 18, 2022.

SEC source: 0001335258-21-000043 · wf-form4_161739622395968.xml · nonDerivative · entry 1

Berchtold Joe · CIK 0001552281 · President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 860,617

F1 · shares: Represents the forfeiture of performance-based restricted shares that were granted on February 26, 2020, due to the relevant performance target not being achieved for 2020 due to the COVID-19 pandemic.

SEC source: 0001335258-21-000031 · wf-form4_161559639001900.xml · derivative · entry 12

Berchtold Joe · CIK 0001552281 · President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 357,300

Underlying: Common Stock · 85,000 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.

F8 · 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: 0001335258-21-000031 · wf-form4_161559639001900.xml · nonDerivative · entry 9

Berchtold Joe · CIK 0001552281 · President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 870,969

F7 · price: This transaction was executed in multiple trades at prices ranging from $88.84 to $89.00. 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: 0001335258-21-000031 · wf-form4_161559639001900.xml · nonDerivative · entry 8

Berchtold Joe · CIK 0001552281 · President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 873,058

F6 · price: This transaction was executed in multiple trades at prices ranging from $87.83 to $88.80. 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: 0001335258-21-000031 · wf-form4_161559639001900.xml · nonDerivative · entry 7

Berchtold Joe · CIK 0001552281 · President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 918,475

F5 · price: This transaction was executed in multiple trades at prices ranging from $86.83 to $87.82. 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: 0001335258-21-000031 · wf-form4_161559639001900.xml · nonDerivative · entry 6

Berchtold Joe · CIK 0001552281 · President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 955,969

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 13% 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 9, 2021 of $87.26, prior to any sales. Mr. Berchtold has sold 85,000 shares on each of March 10th, March 11th and March 12th for estate planning purposes. Following the sale transactions reported on this Form 4, Mr. Berchtold continues to hold 1,501,090 shares and stock options, including both vested and unvested shares and stock options.

SEC source: 0001335258-21-000031 · wf-form4_161559639001900.xml · derivative · entry 11

Berchtold Joe · CIK 0001552281 · President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 442,300

Underlying: Common Stock · 85,000 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.

F8 · 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: 0001335258-21-000031 · wf-form4_161559639001900.xml · nonDerivative · entry 5

Berchtold Joe · CIK 0001552281 · President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 870,969

F4 · price: This transaction was executed in multiple trades at prices ranging from $88.95 to $89.27. 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: 0001335258-21-000031 · wf-form4_161559639001900.xml · nonDerivative · entry 4

Berchtold Joe · CIK 0001552281 · President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 895,189

F3 · price: This transaction was executed in multiple trades at prices ranging from $87.95 to $88.94. 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: 0001335258-21-000031 · wf-form4_161559639001900.xml · nonDerivative · entry 3

Berchtold Joe · CIK 0001552281 · President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 955,969

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 13% 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 9, 2021 of $87.26, prior to any sales. Mr. Berchtold has sold 85,000 shares on each of March 10th, March 11th and March 12th for estate planning purposes. Following the sale transactions reported on this Form 4, Mr. Berchtold continues to hold 1,501,090 shares and stock options, including both vested and unvested shares and stock options.

SEC source: 0001335258-21-000031 · wf-form4_161559639001900.xml · derivative · entry 10

Berchtold Joe · CIK 0001552281 · President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 527,300

Underlying: Common Stock · 85,000 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.

F8 · 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: 0001335258-21-000031 · wf-form4_161559639001900.xml · nonDerivative · entry 2

Berchtold Joe · CIK 0001552281 · President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 870,969

F2 · price: This transaction was executed in multiple trades at prices ranging from $87.59 to $88.30. 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: 0001335258-21-000031 · wf-form4_161559639001900.xml · nonDerivative · entry 1

Berchtold Joe · CIK 0001552281 · President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 955,969

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 13% 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 9, 2021 of $87.26, prior to any sales. Mr. Berchtold has sold 85,000 shares on each of March 10th, March 11th and March 12th for estate planning purposes. Following the sale transactions reported on this Form 4, Mr. Berchtold continues to hold 1,501,090 shares and stock options, including both vested and unvested shares and stock options.

SEC source: 0001335258-21-000017 · wf-form4_161499096728294.xml · derivative · entry 18

Berchtold Joe · CIK 0001552281 · President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 612,300

Underlying: Common Stock · 85,000 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 · nonDerivative · entry 14

Berchtold Joe · CIK 0001552281 · President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 830,769

F11 · price: 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.

SEC source: 0001335258-21-000017 · wf-form4_161499096728294.xml · nonDerivative · entry 13

Berchtold Joe · CIK 0001552281 · President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 833,152

F10 · price: 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.

SEC source: 0001335258-21-000017 · wf-form4_161499096728294.xml · nonDerivative · entry 12

Berchtold Joe · CIK 0001552281 · President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 844,656

F9 · price: 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.

SEC source: 0001335258-21-000017 · wf-form4_161499096728294.xml · nonDerivative · entry 11

Berchtold Joe · CIK 0001552281 · President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 878,044

F8 · price: 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.

SEC source: 0001335258-21-000017 · wf-form4_161499096728294.xml · nonDerivative · entry 10

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: 0001335258-21-000027 · wf-form4_161532629671198.xml · nonDerivative · entry 1

Berchtold Joe · CIK 0001552281 · President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 870,969

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: 0001335258-21-000017 · 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: 0001335258-21-000017 · 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: 0001335258-20-000173 · 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: 0001335258-20-000037 · wf-form4_158292815790684.xml · nonDerivative · entry 1

Berchtold Joe · CIK 0001552281 · President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 843,932

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. If certain financial performance targets specified by the company's Compensation Committee are achieved for the year of the grant, 50% of the award will vest on March 31, 2021 and the remaining 50% will vest on March 31, 2022.

SEC source: 0001335258-20-000004 · wf-form4_157921060825026.xml · derivative · entry 2

Berchtold Joe · CIK 0001552281 · President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · Not disclosed shares

Expires not disclosed

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_price: Each performance share award represents a contingent right to receive one restricted share of Issuer's common stock, as further set forth in footnotes 4-6 below.

F4 · shares: The attainment of a stock price target resulted in the vesting and conversion of a portion of the award into the 240,000 shares of restricted stock reflected in Table 1. Following the reported transaction, all stock price targets under the award have been met, and no additional shares of restricted stock are issuable under the award.

F5 · derivative.exercise_date: Each performance share award represents the right to receive, at settlement, a restricted share of Issuer's common stock based on attainment by Issuer, from time to time, of stock price targets (based on the closing price of Issuer's common stock on the NYSE on a particular day) over sixty days (which days do not have to be consecutive; the "Performance Targets") during a performance period beginning on November 1, 2017 and ending on December 31, 2022.

F6 · derivative.exercise_date: Vesting of performance share awards and restricted shares of common stock issued in respect thereof is subject to and conditioned in each case upon the reporting person's continued employment with Issuer through the applicable vesting date.

F5 · derivative.expiration_date: Each performance share award represents the right to receive, at settlement, a restricted share of Issuer's common stock based on attainment by Issuer, from time to time, of stock price targets (based on the closing price of Issuer's common stock on the NYSE on a particular day) over sixty days (which days do not have to be consecutive; the "Performance Targets") during a performance period beginning on November 1, 2017 and ending on December 31, 2022.

F6 · derivative.expiration_date: Vesting of performance share awards and restricted shares of common stock issued in respect thereof is subject to and conditioned in each case upon the reporting person's continued employment with Issuer through the applicable vesting date.

F4 · derivative.underlying_shares: The attainment of a stock price target resulted in the vesting and conversion of a portion of the award into the 240,000 shares of restricted stock reflected in Table 1. Following the reported transaction, all stock price targets under the award have been met, and no additional shares of restricted stock are issuable under the award.

F4 · balance_after: The attainment of a stock price target resulted in the vesting and conversion of a portion of the award into the 240,000 shares of restricted stock reflected in Table 1. Following the reported transaction, all stock price targets under the award have been met, and no additional shares of restricted stock are issuable under the award.

SEC source: 0001335258-20-000004 · wf-form4_157921060825026.xml · nonDerivative · entry 1

Berchtold Joe · CIK 0001552281 · President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 833,580

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 · 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, in connection with the attainment of a stock price target for a previously-issued performance share award, as further set forth in footnotes 4-6 below.

F2 · price: Represents a restricted stock award. These shares will vest in full on December 31, 2022, as explained in footnote 6 below.

SEC source: 0001335258-19-000150 · wf-form4_157688057247429.xml · nonDerivative · entry 1

Berchtold Joe · CIK 0001552281 · President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 593,580

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

SEC source: 0001335258-19-000128 · wf-form4_156944545409573.xml · derivative · entry 2

Berchtold Joe · CIK 0001552281 · President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 300,000

Underlying: Common Stock · 300,000 shares

Expires not disclosed

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_price: Each performance share award represents a contingent right to receive one restricted share of Issuer's common stock, as further set forth in footnotes 4-6 below.

F4 · shares: The attainment of a stock price target resulted in the vesting and conversion of a portion of the award into the 60,000 shares of restricted stock reflected in Table 1. Beneficial ownership following the reported transaction is still reported at the target level for the award, notwithstanding this vesting and conversion, for ease of understanding, as the relationship between the vesting of performance shares and the issuance of shares of restricted stock in respect thereof is nonlinear due to the potential to receive shares of restricted stock representing up to 250% of the target performance share award, as explained in footnote 5 below. Following this Report, upon attainment of currently unmet stock price targets for the performance share award, up to a total of 240,000 shares of restricted stock may be issued from time to time.

F5 · derivative.exercise_date: Each performance share award represents the right to receive, at settlement, a restricted share of Issuer's common stock based on attainment by Issuer, from time to time, of stock price targets (based on the closing price of Issuer's common stock on the NYSE on a particular day) over sixty days (which days do not have to be consecutive; the "Performance Targets") during a performance period beginning on November 1, 2017 and ending on December 31, 2022. The number of awards shown is at the target level; actual restricted shares of common stock issued may range up to 250% of the target level (750,000 restricted shares) based on which Performance Targets are attained. Settlement will occur, and restricted shares of common stock will be issued, from time to time during the performance period if and when a particular Performance Target is met. (Continued in footnote 6 below).

F6 · derivative.exercise_date: (Continued from footnote 5 above). The restricted shares of common stock issued in respect of performance share awards upon attainment of a particular Performance Target will vest, and the restrictions thereon will lapse, on December 31, 2022. Vesting of performance share awards and restricted shares of common stock issued in respect thereof is subject to and conditioned in each case upon the reporting person's continued employment with Issuer through the applicable vesting date.

F5 · derivative.expiration_date: Each performance share award represents the right to receive, at settlement, a restricted share of Issuer's common stock based on attainment by Issuer, from time to time, of stock price targets (based on the closing price of Issuer's common stock on the NYSE on a particular day) over sixty days (which days do not have to be consecutive; the "Performance Targets") during a performance period beginning on November 1, 2017 and ending on December 31, 2022. The number of awards shown is at the target level; actual restricted shares of common stock issued may range up to 250% of the target level (750,000 restricted shares) based on which Performance Targets are attained. Settlement will occur, and restricted shares of common stock will be issued, from time to time during the performance period if and when a particular Performance Target is met. (Continued in footnote 6 below).

F6 · derivative.expiration_date: (Continued from footnote 5 above). The restricted shares of common stock issued in respect of performance share awards upon attainment of a particular Performance Target will vest, and the restrictions thereon will lapse, on December 31, 2022. Vesting of performance share awards and restricted shares of common stock issued in respect thereof is subject to and conditioned in each case upon the reporting person's continued employment with Issuer through the applicable vesting date.

F4 · balance_after: The attainment of a stock price target resulted in the vesting and conversion of a portion of the award into the 60,000 shares of restricted stock reflected in Table 1. Beneficial ownership following the reported transaction is still reported at the target level for the award, notwithstanding this vesting and conversion, for ease of understanding, as the relationship between the vesting of performance shares and the issuance of shares of restricted stock in respect thereof is nonlinear due to the potential to receive shares of restricted stock representing up to 250% of the target performance share award, as explained in footnote 5 below. Following this Report, upon attainment of currently unmet stock price targets for the performance share award, up to a total of 240,000 shares of restricted stock may be issued from time to time.

SEC source: 0001335258-19-000128 · wf-form4_156944545409573.xml · nonDerivative · entry 1

Berchtold Joe · CIK 0001552281 · President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 606,743

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 · 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, in connection with the attainment of a stock price target for a previously-issued performance share award, as further set forth in footnotes 4-6 below.

F2 · price: Represents a restricted stock award. These shares will vest in full on December 31, 2022, as explained in footnote 6 below.

SEC source: 0001335258-19-000112 · wf-form4_156460738575845.xml · derivative · entry 2

Berchtold Joe · CIK 0001552281 · President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 300,000

Underlying: Common Stock · 300,000 shares

Expires not disclosed

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_price: Each performance share award represents a contingent right to receive one restricted share of Issuer's common stock, as further set forth in footnotes 4-6 below.

F4 · shares: The attainment of a stock price target resulted in the vesting and conversion of a portion of the award into the 51,000 shares of restricted stock reflected in Table 1. Beneficial ownership following the reported transaction is still reported at the target level for the award, notwithstanding this vesting and conversion, for ease of understanding, as the relationship between the vesting of performance shares and the issuance of shares of restricted stock in respect thereof is nonlinear due to the potential to receive shares of restricted stock representing up to 250% of the target performance share award, as explained in footnote 5 below. Following this Report, upon attainment of currently unmet stock price targets for the performance share award, up to a total of 300,000 shares of restricted stock may be issued from time to time.

F5 · derivative.exercise_date: Each performance share award represents the right to receive, at settlement, a restricted share of Issuer's common stock based on attainment by Issuer, from time to time, of stock price targets (based on the closing price of Issuer's common stock on the NYSE on a particular day) over sixty days (which days do not have to be consecutive; the "Performance Targets") during a performance period beginning on November 1, 2017 and ending on December 31, 2022. The number of awards shown is at the target level; actual restricted shares of common stock issued may range up to 250% of the target level (750,000 restricted shares) based on which Performance Targets are attained. Settlement will occur, and restricted shares of common stock will be issued, from time to time during the performance period if and when a particular Performance Target is met. (Continued in footnote 6 below).

F6 · derivative.exercise_date: (Continued from footnote 5 above). The restricted shares of common stock issued in respect of performance share awards upon attainment of a particular Performance Target will vest, and the restrictions thereon will lapse, on December 31, 2022. Vesting of performance share awards and restricted shares of common stock issued in respect thereof is subject to and conditioned in each case upon the reporting person's continued employment with Issuer through the applicable vesting date.

F5 · derivative.expiration_date: Each performance share award represents the right to receive, at settlement, a restricted share of Issuer's common stock based on attainment by Issuer, from time to time, of stock price targets (based on the closing price of Issuer's common stock on the NYSE on a particular day) over sixty days (which days do not have to be consecutive; the "Performance Targets") during a performance period beginning on November 1, 2017 and ending on December 31, 2022. The number of awards shown is at the target level; actual restricted shares of common stock issued may range up to 250% of the target level (750,000 restricted shares) based on which Performance Targets are attained. Settlement will occur, and restricted shares of common stock will be issued, from time to time during the performance period if and when a particular Performance Target is met. (Continued in footnote 6 below).

F6 · derivative.expiration_date: (Continued from footnote 5 above). The restricted shares of common stock issued in respect of performance share awards upon attainment of a particular Performance Target will vest, and the restrictions thereon will lapse, on December 31, 2022. Vesting of performance share awards and restricted shares of common stock issued in respect thereof is subject to and conditioned in each case upon the reporting person's continued employment with Issuer through the applicable vesting date.

F4 · balance_after: The attainment of a stock price target resulted in the vesting and conversion of a portion of the award into the 51,000 shares of restricted stock reflected in Table 1. Beneficial ownership following the reported transaction is still reported at the target level for the award, notwithstanding this vesting and conversion, for ease of understanding, as the relationship between the vesting of performance shares and the issuance of shares of restricted stock in respect thereof is nonlinear due to the potential to receive shares of restricted stock representing up to 250% of the target performance share award, as explained in footnote 5 below. Following this Report, upon attainment of currently unmet stock price targets for the performance share award, up to a total of 300,000 shares of restricted stock may be issued from time to time.