SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

SCHEDULE 13G

(Rule 13d-102)

 

INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT

TO RULES 13d-1(b),(c), AND (d) AND AMENDMENTS THERETO FILED

PURSUANT TO RULE 13d-2(b)

 

Live Nation Entertainment, Inc.
(Name of Issuer)
 
Common Stock, $0.01 par value per share
(Title of Class of Securities)
 
538034109
(CUSIP Number)
 
December 31, 2018
(Date of Event Which Requires Filing of this Statement)

 

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

 

  x Rule 13d-1(b)  
       
  ¨ Rule 13d-1(c)  
       
  ¨  Rule 13d-1(d)  

 

 

 

* The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

 

The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (the “Act”) or otherwise subject to the liabilities of that section of the Act, but shall be subject to all other provisions of the Act (however, see the Notes.)

 

 

 

CUSIP No. 538034109

Page 2 of 5 Pages 

 

CUSIP No. 538034109 Page 2 of 6 Pages

 

1

NAMES OF REPORTING PERSONS

 

 
  Canada Pension Plan Investment Board  
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS):  
    (a) ¨
    (b) ¨
3 SEC USE ONLY:  
     
     
4 CITIZENSHIP OR PLACE OF ORGANIZATION:  
     
  Canada   

  5 SOLE VOTING POWER:
   

 

10,778,688

Number of 6 SHARED VOTING POWER:
Shares    
Beneficially   0
Owned by 7 SOLE DISPOSITIVE POWER:
Each Reporting    
Person With   10,778,688
  8 SHARED DISPOSITIVE POWER:
     
    0

9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON:  
     
  10,778,688  
10 CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS):  
     
    ¨
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9:  
     
  5.1% (1)  
12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS):  
     
  FI  

 

(1) Based on a total of 209,545,061 shares of common stock of the issuer outstanding as of October 25, 2018, as reported in the issuer’s Form 10-Q filed with the Securities and Exchange Commission on November 1, 2018.

 

CUSIP No. 538034109

Page 3 of 5 Pages 

 

Item 1(a). Name of Issuer

 

  Live Nation Entertainment, Inc.
   
Item 1(b). Address of Issuer’s Principal Executive Offices
   
  9348 Civic Center Drive, Beverly Hills, CA 90210
   
Item 2(a). Name of Person Filing
   
 

Canada Pension Plan Investment Board

   
Item 2(b). Address of Principal Business Office or, if none, Residence
   
  The principal business address of the Reporting Person is as follows:
   
  One Queen Street East
  Suite 2500
 

Toronto, Ontario

M5C 2W5

  Canada
   
Item 2(c). Citizenship
   
 

Canada

   
Item 2(d). Title of Class of Securities
   
 

Common Stock

   
Item 2(e). CUSIP Number
   
  538034109

 

Item 3. If this statement is filed pursuant to Rules 13d-1(b), or 13d-2(b) or (c), check whether the person filing is a:

 

  (a) ¨ Broker or dealer registered under Section 15 of the Exchange Act.
  (b) ¨ Bank as defined in Section 3(a)(6) of the Exchange Act.
  (c) ¨ Insurance company as defined in Section 3(a)(19) of the Exchange Act.
  (d) ¨ Investment company registered under Section 8 of the Investment Company Act.
  (e) ¨ An investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E).
  (f) ¨ An employee benefit plan or endowment fund in accordance with Rule 13d-1(b)(1)(ii)(F).
  (g) ¨ A parent holding company or control person in accordance with Rule 13d-1(b)(1)(ii)(G).
  (h) ¨ A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act.
  (i) ¨ A church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act.
  (j) x A non-U.S. institution in accordance with Rule 13d-1(b)(1)(ii)(J).
  (k) ¨ Group, in accordance with Rule 13d-1(b)(1)(ii)(K).

 

  If filing as a non-U.S. institution in accordance with Rule 13d-1(b)(1)(ii)(J), please specify the type of institution:  Employee benefit plan.

 

CUSIP No. 538034109

Page 4 of 5 Pages 

 

Item 4. Ownership

 

  (a)

Amount Beneficially Owned:

 

See Item 9 on page 2.

 

  (b)

Percent of Class:

 

See Item 11 on page 2.

     
  (c) Number of shares as to which such person has:

 

  (i)  

sole power to vote or to direct the vote:

 

See Item 5 on page 2.

   
  (ii)  

shared power to vote or to direct the vote:

 

See Item 6 on page 2.

   
  (iii)  

sole power to dispose or to direct the disposition of:

 

See Item 7 on page 2.

   
  (iv)  

shared power to dispose or to direct the disposition of:

 

See Item 8 on page 2.

 

Item 5. Ownership of Five Percent or Less of a Class
   
  If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than 5 percent of the class of securities, check the following o.
   
Item 6. Ownership of More than Five Percent on Behalf of Another Person
   
 

Not applicable. 

   
Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company
   
  Not applicable.
   
Item 8. Identification and Classification of Members of the Group
   
 

Not applicable. 

   
Item 9. Notice of Dissolution of Group
   
  Not applicable.
   
Item 10.

Certifications

 

 

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.

 

By signing below I certify that, to the best of my knowledge and belief, the Canadian regulatory scheme applicable to employee benefit plans is substantially comparable to the regulatory scheme applicable to the functionally equivalent U.S. institution(s). I also undertake to furnish to the Securities and Exchange Commission staff, upon request, information that would otherwise be disclosed in a Schedule 13D.

 

CUSIP No. 538034109

Page 5 of 5 Pages 

 

SIGNATURE

 

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

 

Date: February 6, 2019

 

  CANADA PENSION PLAN INVESTMENT BOARD
   
  By: /s/ Patrice Walch-Watson
    Name: Patrice Walch-Watson
    Title: Senior Managing Director, General
      Counsel and Corporate Secretary