Granville-Smith David 4
4 · Madison Square Garden Sports Corp. · Filed Sep 17, 2024
Insider Transaction Report
Form 4
Granville-Smith David
Executive Vice President
Transactions
- Tax Payment
Class A Common Stock
2024-09-13$204.78/sh−4,487$918,848→ 3,699 total - Exercise/Conversion
Restricted Stock Units
2024-09-13−6,502→ 13,006 totalExp: 2026-09-15→ Class A Common Stock (6,502 underlying) - Exercise/Conversion
Restricted Stock Units
2024-09-13−1,684→ 3,369 totalExp: 2026-09-15→ Class A Common Stock (1,684 underlying) - Exercise/Conversion
Class A Common Stock
2024-09-13+6,502→ 6,502 total - Exercise/Conversion
Class A Common Stock
2024-09-13+1,684→ 8,186 total
Footnotes (3)
- [F1]Each restricted stock unit ("RSU") was granted on June 15, 2023 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 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]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.
- [F3]Represents RSUs of MSGS withheld to satisfy tax withholding obligations in connection with the vestings of RSUs described in footnotes 1 and 2 above, exempt under Rule 16b-3.