Lynn Robert J. 4
4 · Madison Square Garden Co · Filed Aug 31, 2018
Insider Transaction Report
Form 4
Lynn Robert J.
SVP, Treasury and IR
Transactions
- Award
Restricted Stock Units
2018-08-29+538→ 538 totalExp: 2021-09-15→ Class A Common Stock (538 underlying) - Exercise/Conversion
Class A Common Stock
2018-08-30+256→ 4,544 total - Tax Payment
Class A Common Stock
2018-08-30$303.52/sh−86$26,103→ 4,458 total - Exercise/Conversion
Restricted Stock Units
2018-08-30−256→ 514 totalExp: 2020-08-30→ Class A Common Stock (256 underlying)
Footnotes (4)
- [F1]Each restricted stock unit ("RSU") was granted on August 30, 2017 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 August 30, 2018. One-third of the RSUs will vest on August 30, 2019. One-third of the RSUs will vest on August 30, 2020.
- [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.
- [F3]Each RSU is granted under the MSG 2015 Employee Stock Plan and represents a right to receive one share of Class A Common Stock or the cash equivalent thereof.
- [F4]The RSUs vest and are settled in three equal installments on September 15, 2019, September 15, 2020 and September 15, 2021.