Sec Form 4 Filing - SHAPIRO MARK S @ Endeavor Group Holdings, Inc. - 2021-04-28

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
SHAPIRO MARK S
2. Issuer Name and Ticker or Trading Symbol
Endeavor Group Holdings, Inc. [ EDR]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
President
(Last) (First) (Middle)
9601 WILSHIRE BOULEVARD, 3RD FLOOR
3. Date of Earliest Transaction (MM/DD/YY)
04/28/2021
(Street)
BEVERLY HILLS, CA90210
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Class A Common Stock 05/03/2021 A 138,889 ( 1 ) A $ 0 138,889 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option $ 24 04/28/2021 A 1,145,833 ( 2 ) 04/28/2031 Class A Common Stock 1,145,833 ( 3 ) 1,145,833 D
Units of Executive Holdco ( 4 ) 04/28/2021 A 414,290 ( 4 ) ( 4 ) Units of Endeavor Operating Company 414,290 ( 3 ) 414,290 ( 5 ) D
Profits Units ( 6 ) 04/28/2021 A 211,757 ( 7 ) ( 7 ) Units of Endeavor Operating Company 211,757 ( 3 ) 211,757 D
Profits Units ( 8 ) 04/28/2021 A 184,488 ( 7 ) ( 7 ) Units of Endeavor Operating Company 184,488 ( 3 ) 184,488 D
Profits Units ( 9 ) 04/28/2021 A 183,745 ( 7 ) ( 7 ) Units of Endeavor Operating Company 183,745 ( 3 ) 183,745 D
Restricted Stock Unit ( 10 ) 05/03/2021 A 277,777 ( 11 ) ( 11 ) Class A Common Stock 277,777 $ 0 277,777 D
Restricted Stock Unit ( 10 ) 05/03/2021 A 72,491 ( 12 ) ( 12 ) Class A Common Stock 72,491 $ 0 72,491 D
Units of Executive Holdco ( 4 ) 05/03/2021 A 2,074,213 ( 4 ) ( 4 ) Units of Endeavor Operating Company 2,074,213 ( 13 ) 2,488,503 ( 5 ) D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
SHAPIRO MARK S
9601 WILSHIRE BOULEVARD, 3RD FLOOR
BEVERLY HILLS, CA90210
President
Signatures
/s/ Robert Hilton, Attorney-in-fact 05/05/2021
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Represents a portion of restricted stock units that settled in shares of Class A Common Stock on May 3, 2021.
( 2 )The stock option is vested and exercisable as to a third of the underlying shares, and the remaining two-thirds will vest and become exercisable in two equal annual installments beginning on April 28, 2022.
( 3 )Represents securities received as part of the Issuer's reorganization in connection with its initial public offering, as described in the registration statement on Form S-1 relating to the initial public offering. These securities were previously reported on a Form 3 filed by the Reporting Person.
( 4 )Following the transactions reported herein, represents 414,290 limited liability company units of Endeavor Executive Holdco, LLC and 2,074,213 limited liability company units of Endeavor Executive PIU Holdco, LLC. Each of the units is exchangeable on a 1-for-1 basis for limited liability company units of Endeavor Operating Company, LLC and an equal number of paired shares of Class X Common Stock of the Issuer, which, pursuant to the limited liability company agreement of Endeavor Operating Company, LLC, are together exchangeable by the holder on a one-for-one 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.
( 5 )The Reporting Person's Form 3 inadvertently included as beneficially owned the securities acquired pursuant to the UFC Buyout (as defined below), which are correctly reported in this Form 4.
( 6 )Each profits unit represents the right to receive a fractional number of limited liability company units of Endeavor Operating Company, LLC and an equal number of paired shares of Class X Common Stock of the Issuer equal to the difference between the fair market value of a limited liability company unit of Endeavor Operating Company, LLC and $16.54 divided by the fair market value of a limited liability company unit of Endeavor Operating Company, LLC at the time of redemption.
( 7 )The profits units are fully vested.
( 8 )Each profits unit represents the right to receive a fractional number of limited liability company units of Endeavor Operating Company, LLC and an equal number of paired shares of Class X Common Stock of the Issuer equal to the difference between the fair market value of the limited liability company units of Endeavor Operating Company, LLC and $23.16 divided by the fair market value of a limited liability company unit at the time of redemption.
( 9 )Each profits unit represents the right to receive, on a 1-for-1 basis, limited liability company units of Endeavor Operating Company, LLC and an equal number of paired shares of Class X Common Stock of the Issuer, provided that, in limited circumstance, the profits units will be redeemable for less than the foregoing in the event the fair market value of a limited liability company unit of Endeavor Operating Company, LLC at the time of redemption does not exceed (and prior to the time of redemption has not exceeded) $25.10.
( 10 )Each restricted stock unit represent s a contingent right to receive one share of Class A Common Stock of the Issuer.
( 11 )The restricted stock units will be settled in shares of Class A Common Stock in two equal annual installments beginning on May 3, 2022.
( 12 )Half of the restricted stock units will be settled in shares of Class A Common Stock upon the achievement by the Issuer of a price per share of Class A Common Stock that equals or exceeds $26.40, and the remaining half will vest upon the achievement by the Issuer of a price per share of Class A Common Stock that equals or exceeds $29.04.
( 13 )Represents securities received in connection with the Issuer's purchase of the holder's interests in Zuffa Parent, LLC ("UFC Parent") and related merger transaction in connection with the purchase by Endeavor Operating Company, LLC of the portion of the equity interests in UFC Parent not previously owned, resulting in Endeavor Operating Company, LLC directly or indirectly owning 100% of the equity interests of UFC Parent (the "UFC Buyout").

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

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