Lesane Jamaal T 4
4 · Madison Square Garden Sports Corp. · Filed Sep 17, 2024
Insider Transaction Report
Form 4
Lesane Jamaal T
Chief Operating Officer
Transactions
- Tax Payment
Class A Common Stock
2024-09-13$204.78/sh−1,142$233,859→ 3,181 total - Exercise/Conversion
Class A Common Stock
2024-09-13+1,131→ 4,312 total - Tax Payment
Class A Common Stock
2024-09-13$204.78/sh−637$130,445→ 3,848 total - Exercise/Conversion
Restricted Stock Units
2024-09-13−829→ 830 totalExp: 2025-09-15→ Class A Common Stock (829 underlying) - Exercise/Conversion
Restricted Stock Units
2024-09-13−842→ 1,685 totalExp: 2026-09-15→ Class A Common Stock (842 underlying) - Exercise/Conversion
Performance Restricted Stock Units
2024-09-13−173→ 0 totalExp: 2024-09-15→ Class A Common Stock (173 underlying) - Exercise/Conversion
Class A Common Stock
2024-09-13+829→ 3,481 total - Exercise/Conversion
Restricted Stock Units
2024-09-13−53→ 0 totalExp: 2024-09-13→ Class A Common Stock (53 underlying) - Exercise/Conversion
Class A Common Stock
2024-09-13+345→ 2,599 total - Exercise/Conversion
Class A Common Stock
2024-09-13+53→ 2,652 total - Exercise/Conversion
Class A Common Stock
2024-09-13+842→ 4,323 total - Exercise/Conversion
Performance Restricted Stock Units
2024-09-13−1,131→ 0 totalExp: 2024-09-13→ Class A Common Stock (1,131 underlying) - Exercise/Conversion
Class A Common Stock
2024-09-13+173→ 4,485 total - Exercise/Conversion
Restricted Stock Units
2024-09-13−345→ 0 totalExp: 2024-09-13→ Class A Common Stock (345 underlying)
Footnotes (8)
- [F1]Each restricted stock unit ("RSU") was granted on August 19, 2021 under the Madison Square Garden Sports Corp. ("MSGS") 2015 Employee Stock Plan (the "2015 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 settled 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 April 25, 2022 under the 2015 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 settled on September 15, 2023. The remaining one-third of the RSUs vested and were settled on September 13, 2024.
- [F3]Each RSU was granted on August 29, 2022 under the 2015 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.
- [F4]Each RSU was granted on August 28, 2023 under the 2015 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.
- [F5]Represents RSUs of MSGS withheld to satisfy tax withholding obligations in connection with the vestings of RSUs described in footnotes 1, 2, 3 and 4, exempt under Rule 16b-3.
- [F6]Each performance restriced stock unit ("PSU") was granted on August 19, 2021 under the Madison Square Garden Sports Corp. 2015 Employee Stock Plan and represents a right to receive one share of Class A Common Stock or the cash equivalent thereof. The performance conditions were satisfied on August 29, 2024 and the PSUs vested and were settled on September 13, 2024.
- [F7]Each PSU was granted on April 25, 2022 under the Madison Square Garden Sports Corp. 2015 Employee Stock Plan and represents a right to receive one share of Class A Common Stock or the cash equivalent thereof. The performance conditions were satisfied on August 29, 2024 and the PSUs vested and were settled on September 13, 2024.
- [F8]Represents PSUs of MSGS withheld to satisfy tax withholding obligations in connection with the vestings and settlement of PSUs described in footnotes 6 and 7, exempt under Rule 16b-3.