4//SEC Filing
Lublin Jason 4
Accession 0000950170-24-088855
CIK 0001766363other
Filed
Jul 30, 8:00 PM ET
Accepted
Jul 31, 8:00 PM ET
Size
16.8 KB
Accession
0000950170-24-088855
Insider Transaction Report
Form 4
Lublin Jason
Chief Financial Officer
Transactions
- Sale
Class A Common Stock
2024-07-29$27.28/sh−20,832$568,297→ 130,187 total - Conversion
Class X Common Stock
2024-07-29+20,832→ 28,814 total - Conversion
Units of Endeavor Operating Company
2024-07-29+20,832→ 28,814 total→ Class A Common Stock (20,832 underlying) - Conversion
Units of Endeavor Operating Company
2024-07-29−20,832→ 7,982 total→ Class A Common Stock (20,832 underlying) - Conversion
Units of Executive Holdco
2024-07-29−20,832→ 1,291,051 total→ Units of Endeavor Operating Company (20,832 underlying) - Disposition to Issuer
Class X Common Stock
2024-07-29−20,832→ 7,982 total - Conversion
Class A Common Stock
2024-07-29+20,832→ 151,019 total
Footnotes (4)
- [F1]This Form 4 relates to sales and redemption that were effected pursuant to a Rule 10b5-1 trading plan adopted on May 17, 2023 by the Reporting Rerson in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended. Such redemption involved an exchange of common units issued by Endeavor Executive PIU Holdco, LLC for an equal number of limited liability company units of Endeavor Operating Company, LLC ("OpCo Units") and paired shares of Class X Common Stock of the Issuer, and subsequently an exchange of such OpCo Units and shares of Class X Common Stock for an equal number of shares of Class A Common Stock. The disposition of Class X Common Stock reported reflects the cancellation for no consideration of a number of shares of Class X Common Stock upon the exchange of an equal number of OpCo Units.
- [F2]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $27.21 to $27.31. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- [F3]Each of the units is exchangeable on a 1-for-1 basis for OpCo Units and an equal number of paired shares of Class X Common Stock of the Issuer.
- [F4]Each of the OpCo Units are exchangeable by the holder on a 1-for-1 basis for, at the option of the Issuer (i) a share of Class A Common Stock, subject to conversion rate adjustments for stock splits, stock dividends, reclassification and other similar transactions or (ii) subject to certain conditions, an equivalent amount of cash. Upon exchange, an equal number of shares of Class X Common Stock will automatically be cancelled.
Documents
Issuer
Endeavor Group Holdings, Inc.
CIK 0001766363
Entity typeother
Related Parties
1- filerCIK 0001783358
Filing Metadata
- Form type
- 4
- Filed
- Jul 30, 8:00 PM ET
- Accepted
- Jul 31, 8:00 PM ET
- Size
- 16.8 KB