4//SEC Filing
Byrnes David F. 4
Accession 0000950170-24-107357
CIK 0001795250other
Filed
Sep 16, 8:00 PM ET
Accepted
Sep 17, 5:00 PM ET
Size
22.2 KB
Accession
0000950170-24-107357
Insider Transaction Report
Form 4
Byrnes David F.
EVP & Chief Financial Officer
Transactions
- Exercise/Conversion
Restricted Stock Units
2024-09-13−4,663→ 4,664 totalExp: 2025-09-15→ Class A Common Stock (4,663 underlying) - Exercise/Conversion
Class A Common Stock
2024-09-13+2,472→ 2,472 total - Exercise/Conversion
Class A Common Stock
2024-09-13+4,663→ 7,135 total - Exercise/Conversion
Class A Common Stock
2024-09-13+374→ 7,509 total - Tax Payment
Class A Common Stock
2024-09-13$42.23/sh−3,831$161,783→ 3,678 total - Exercise/Conversion
Restricted Stock Units
2024-09-13−2,472→ 0 totalExp: 2024-09-13→ Class A Common Stock (2,472 underlying) - Exercise/Conversion
Performance Restricted Stock Units
2024-09-13−7,415→ 0 totalExp: 2024-09-13→ Class A Common Stock (7,415 underlying) - Exercise/Conversion
Class A Common Stock
2024-09-13+7,415→ 11,093 total - Tax Payment
Class A Common Stock
2024-09-13$42.23/sh−3,785$159,841→ 7,308 total - Exercise/Conversion
Restricted Stock Units
2024-09-13−374→ 750 totalExp: 2026-09-15→ Class A Common Stock (374 underlying)
Footnotes (6)
- [F1]Each restricted stock unit ("RSU") was granted on April 20, 2022 under the Sphere Entertainment Co. ("SPHR") 2020 Employee Stock Plan, as amended (the "2020 Employee Stock Plan"), and represents a right to receive one share of Class A Common Stock or the cash equivalent thereof. One-third of the RSUs vested and were settled on September 15, 2022. One-third of the RSUs vested and were settle on September 15, 2023. The remaining one-third of the RSUs vested and were settled on September 13, 2024.
- [F2]Each RSU was granted on August 31, 2022 under the 2020 Employee Stock Plan and represents a right to receive one share of Class A Common Stock or the cash equivalent thereof. One-third of the RSUs vested and were settled on September 15, 2023. One-third of the RSUs vested and were settled on September 13, 2024. The remaining one-third of the RSUs are scheduled to vest and settle on September 15, 2025.
- [F3]Each RSU was granted on April 22, 2024 under the 2020 Employee Stock Plan and represents a right to receive one share of Class A Common Stock or the cash equivalent thereof. One-third of the RSUs vested and were settled on September 13, 2024. One-third of the RSUs are scheduled to vest and settle on September 15, 2025. The remaining one-third of the RSUs are scheduled to vest and settle on September 15, 2026.
- [F4]Represents RSUs of SPHR withheld to satisfy tax withholding obligations in connection with the vesting and settlement of RSUs described in footnotes 1, 2 and 3, exempt under Rule 16b-3.
- [F5]Each performance restricted stock unit ("PSU") was granted on April 20, 2022 under the 2020 Employee Stock Plan and represents a right to receive one share of Class A Common Stock or the cash equivalent thereof. The Compensation Committee of the Board of Directors of SPHR deemed such PSUs earned at 100% of target on March 27, 2024. The PSUs vested and were settled on September 13, 2024.
- [F6]Represents PSUs of SPHR withheld to satisfy tax withholding obligations in connection with the vesting and settlement of PSUs described in footnote 5, exempt under Rule 16b-3.
Documents
Issuer
Sphere Entertainment Co.
CIK 0001795250
Entity typeother
Related Parties
1- filerCIK 0001768583
Filing Metadata
- Form type
- 4
- Filed
- Sep 16, 8:00 PM ET
- Accepted
- Sep 17, 5:00 PM ET
- Size
- 22.2 KB