GREENBERG ANDREA 4
4 · Sphere Entertainment Co. · Filed Mar 14, 2025
Insider Transaction Report
Form 4
GREENBERG ANDREA
President/CEO-MSG Networks
Transactions
- Exercise/Conversion
Restricted Stock Units
2025-03-12−1,437→ 28,438 totalExp: 2028-03-15→ Class A Common Stock (1,437 underlying) - Exercise/Conversion
Class A Common Stock
2025-03-12+1,437→ 98,994.979 total - Tax Payment
Class A Common Stock
2025-03-12$31.89/sh−1,437$45,826→ 97,557.979 total - Award
Restricted Stock Units
2025-03-12+29,875→ 29,875 totalExp: 2028-03-15→ Class A Common Stock (29,875 underlying)
Footnotes (3)
- [F1]Represents restricted stock units ("RSUs") of Sphere Entertainment Co. ("SPHR") withheld to satisfy FICA tax withholding obligations arising in connection with the RSUs described in footnote 2 as a result of certain vesting rights contained in the Reporting Person's employment agreement, exempt under Rule 16b-3.
- [F2]Each RSU is granted under the Sphere Entertainment Co. 2020 Employee Stock Plan, as amended, and represents a right to receive one share of Class A Common Stock or the cash equivalent thereof.
- [F3]The RSUs are scheduled to vest and settle in three equal installments on March 15, 2026, March 15, 2027 and March 15, 2028.