Koester Jennifer 4

4 · Sphere Entertainment Co. · Filed Sep 17, 2024

Form 4

Period: 2024-09-13

President & COO, Sphere

Transactions

Exercise/Conversion
Class A Common Stock
2024-09-13+11,988→ 11,988 total
Exercise/Conversion
Restricted Stock Units
2024-09-13−11,988→ 23,976 total
Exp: 2026-09-15→ Class A Common Stock (11,988 underlying)
Exercise/Conversion
Class A Common Stock
2024-09-13+6,829→ 18,817 total
Tax Payment
Class A Common Stock
2024-09-13$42.23/sh−9,605$405,619→ 9,212 total
Exercise/Conversion
Restricted Stock Units
2024-09-13−6,829→ 13,658 total
Exp: 2026-09-15→ Class A Common Stock (6,829 underlying)

Footnotes (2)

[F1]Each restricted stock unit ("RSU") was granted on April 22, 2024 under the Sphere Entertainment Co. ("SPHR") 2020 Employee Stock Plan, as amended, 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.
[F2]Represents RSUs of SPHR withheld to satisfy tax withholding obligations in connection with the vesting and settlement of RSUs described in footnote 1, exempt under Rule 16b-3.

Documents

1 file