GREENBERG ANDREA 4
4 · Sphere Entertainment Co. · Filed Aug 29, 2024
Insider Transaction Report
Form 4
GREENBERG ANDREA
President/CEO-MSG Networks
Transactions
- Exercise/Conversion
Restricted Stock Units
2024-08-27−687→ 13,631 totalExp: 2027-09-15→ Class A Common Stock (687 underlying) - Tax Payment
Class A Common Stock
2024-08-27$49.04/sh−687$33,690→ 76,649.979 total - Award
Restricted Stock Units
2024-08-27+14,318→ 14,318 totalExp: 2027-09-15→ Class A Common Stock (14,318 underlying) - Exercise/Conversion
Class A Common Stock
2024-08-27+687→ 77,336.979 total - Tax Payment
Class A Common Stock
2024-08-27$49.04/sh−687$33,690→ 76,649.979 total - Award
Restricted Stock Units
2024-08-27+14,318→ 14,318 totalExp: 2027-09-15→ Class A Common Stock (14,318 underlying) - Exercise/Conversion
Restricted Stock Units
2024-08-27−687→ 13,631 totalExp: 2027-09-15→ Class A Common Stock (687 underlying) - Exercise/Conversion
Class A Common Stock
2024-08-27+687→ 77,336.979 total
Footnotes (4)
- [F1]Represents restricted stock units ("RSUs") of Sphere Entertainment Co. ("SPHR") withheld to satisfy FICA tax withholding obligations arising in connection with the RSUs described in footnote 2 as a result of certain vesting rights contained in the Reporting Person's employment agreement, exempt under Rule 16b-3.
- [F2]Each RSU is granted under the Sphere Entertainment Co. 2020 Employee Stock Plan, as amended, and represents a right to receive one share of Class A Common Stock or the cash equivalent thereof.
- [F3]The RSUs are scheduled to vest and settle in three equal installments on September 15, 2025, September 15, 2026 and September 15, 2027.
- [F4]The RSUs are scheduled to vest and settle on September 15, 2027.