Ryan Thomas Dolan - 31 Aug 2022 Form 4 Insider Report for Madison Square Garden Entertainment Corp. (SPHR)

Role
Director
Signature
/s/ Mark C. Cresitello, Attorney-in-Fact for Ryan T. Dolan
Issuer symbol
SPHR
Transactions as of
31 Aug 2022
Net transactions value
$0
Form type
4
Filing time
02 Sep 2022, 16:15:26 UTC
Previous filing
31 Aug 2022
Next filing
19 Sep 2022
SEC
View on sec.gov

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction SPHR Restricted Stock Units Award $0 +494 $0.000000 494 31 Aug 2022 Class A Common Stock 494 Direct F1, F2
transaction SPHR Performance Restricted Stock Units Award $0 +111 $0.000000 111 31 Aug 2022 Class A Common Stock 111 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit ("RSU") is granted under the Madison Square Garden Entertainment Corp. ("MSGE") 2020 Employee Stock Plan (the "2020 Employee Stock Plan") and represents a right to receive one share of Class A Common Stock or the cash equivalent thereof.
F2 The RSUs are scheduled to vest and settle in three equal installments on September 15, 2023, September 15, 2024 and September 15, 2025.
F3 Each performance restricted stock unit ("PSU") was granted on April 17, 2020 under the 2020 Employee Stock Plan in respect of a PSU granted by Madison Square Garden Sports Corp. on August 29, 2019 and represents a right to receive one share of MSGE Class A Common Stock or the cash equivalent thereof. The performance conditions were satisfied on August 31, 2022. The PSUs are scheduled to vest and settle on September 15, 2022.