4//SEC Filing
Shvartsman Alexander 4
Accession 0000950170-24-107364
CIK 0001636519other
Filed
Sep 16, 8:00 PM ET
Accepted
Sep 17, 5:00 PM ET
Size
22.2 KB
Accession
0000950170-24-107364
Insider Transaction Report
Form 4
Shvartsman Alexander
SVP, Controller & PAO
Transactions
- Exercise/Conversion
Class A Common Stock
2024-09-13+342→ 4,026 total - Tax Payment
Class A Common Stock
2024-09-13$204.78/sh−347$71,059→ 3,957 total - Exercise/Conversion
Class A Common Stock
2024-09-13+278→ 4,304 total - Exercise/Conversion
Class A Common Stock
2024-09-13+1,131→ 5,088 total - Exercise/Conversion
Restricted Stock Units
2024-09-13−345→ 0 totalExp: 2024-09-13→ Class A Common Stock (345 underlying) - Tax Payment
Class A Common Stock
2024-09-13$204.78/sh−407$83,345→ 4,681 total - Exercise/Conversion
Class A Common Stock
2024-09-13+345→ 3,684 total - Exercise/Conversion
Restricted Stock Units
2024-09-13−342→ 343 totalExp: 2025-09-15→ Class A Common Stock (342 underlying) - Exercise/Conversion
Restricted Stock Units
2024-09-13−278→ 556 totalExp: 2026-09-15→ Class A Common Stock (278 underlying) - Exercise/Conversion
Performance Restricted Stock Units
2024-09-13−1,131→ 0 totalExp: 2024-09-13→ Class A Common Stock (1,131 underlying)
Footnotes (6)
- [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 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.
- [F3]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.
- [F4]Represents RSUs of MSGS withheld to satisfy tax withholding obligations in connection with the vestings of RSUs described in footnotes 1, 2, and 3, exempt under Rule 16b-3.
- [F5]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.
- [F6]Represents PSUs of MSGS withheld to satisfy tax withholding obligations in connection with the vestings and settlement of PSUs described in footnote 5, exempt under Rule 16b-3.
Documents
Issuer
Madison Square Garden Sports Corp.
CIK 0001636519
Entity typeother
Related Parties
1- filerCIK 0001807015
Filing Metadata
- Form type
- 4
- Filed
- Sep 16, 8:00 PM ET
- Accepted
- Sep 17, 5:00 PM ET
- Size
- 22.2 KB