secwatch.observer — SEC 8-K summary
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Issuer:     Live Nation Entertainment, Inc. (LYV)
CIK:        0001335258
Form:       8-K
Filed at:   2022-07-06T23:59:59+00:00
Accession:  0001335258-22-000114
Event type: leadership
Sentiment:  neutral
Materiality: 0.55
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Live Nation CEO Rapino signs new employment contract through 2027 with $3M salary, $17M target bonus
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- Michael Rapino continues as President & CEO; term from July 1, 2022 to December 31, 2027.
- Base salary of $3M; target annual cash bonus of $17M based on adjusted operating income goals.
- Annual performance equity grants of at least $10M in restricted stock starting in 2023.
- Signing bonus of $6M and equity awards: 333,751 time-based restricted shares and 1.12M performance shares tied to stock price targets from $93.90 to $143.90.
- Change in control triggers full vesting of all unvested equity; termination without cause yields 2x salary plus bonus.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1335258/000133525822000114/0001335258-22-000114-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1335258/000133525822000114/lyv-20220701.htm
  HTML page:      https://secwatch.observer/filing/0001335258-22-000114

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer