Filing Details

Accession Number:
0001104659-14-084781
Form Type:
4
Zero Holdings:
No
Publication Time:
2014-12-04 07:46:31
Reporting Period:
2014-12-03
Filing Date:
2014-12-04
Accepted Time:
2014-12-04 07:46:31
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1553588 Sfx Entertainment Inc SFXE Services-Amusement & Recreation Services (7900) 000000000
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
940128 X F Robert Sillerman 430 Park Avenue, Floor 6
New York NY 10022
Ceo And Chairman Of The B.o.d. Yes Yes Yes No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2014-12-03 222,046 $4.46 28,852,019 No 4 P Indirect By Sillerman Investment Company III LLC
Common Stock Acquisiton 2014-12-03 423,036 $4.16 29,275,055 No 4 P Indirect By Sillerman Investment Company III LLC
Common Stock Acquisiton 2014-12-03 685,208 $4.16 29,960,263 No 4 P Indirect By Sillerman Investment Company III LLC
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Indirect By Sillerman Investment Company III LLC
No 4 P Indirect By Sillerman Investment Company III LLC
No 4 P Indirect By Sillerman Investment Company III LLC
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 7,546,000 Direct
Common Stock 1,333,000 Direct
Footnotes
  1. The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan.
  2. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $4.41 to $4.55, inclusive. Mr. Sillerman undertakes to provide SFX Entertainment, Inc., any security holder of SFX Entertainment, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote (2).
  3. These shares are owned indirectly by Mr. Sillerman as manager and sole member of Sillerman Investment Company III LLC.
  4. These shares are beneficially owned by Mr. Sillerman pursuant to nominee agreements with various stockholders of the Company (including one partnership controlled by Mr. Sillerman) that name Mr. Sillerman as nominee with respect to such shares. The nominee agreements may be terminated upon the earlier of (i) two business days after delivery by the beneficiary to Mr. Sillerman of written notice to terminate the agreement or (ii) two business days after delivery by Mr. Sillerman to the beneficiary of his written notice of resignation as nominee.
  5. Includes 100,000 restricted shares that will vest on December 31, 2015, 1,000,000 restricted shares that will vest on February 11, 2016, and 233,000 restricted shares that will vest on October 15, 2016, each subject to accelerated vesting under certain conditions as set forth in Mr. Sillerman's employment agreement.