Lynn Robert J. 4
4 · Madison Square Garden Co · Filed Sep 28, 2017
Insider Transaction Report
Form 4
Lynn Robert J.
SVP, Treasury and IR
Transactions
- Exercise/Conversion
Restricted Stock Units
2017-09-26−314→ 626 totalExp: 2019-09-26→ Class A Common Stock (314 underlying) - Exercise/Conversion
Class A Common Stock
2017-09-26+314→ 4,404 total - Tax Payment
Class A Common Stock
2017-09-26$209.62/sh−116$24,316→ 4,288 total
Footnotes (2)
- [F1]Each restricted stock unit ("RSU") was granted on September 26, 2016 under The Madison Square Garden Company ("MSG") 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 26, 2017. The remaining two-thirds of the RSUs vest on September 26, 2018 and September 26, 2019.
- [F2]Represents RSUs of MSG withheld to satisfy tax withholding obligations in connection with the vesting of RSUs described in footnote 1 above, exempt under Rule 16b-3.