4//SEC Filing
DOLAN MARY S 4
Accession 0001209191-20-025141
CIK 0001795250other
Filed
Apr 19, 8:00 PM ET
Accepted
Apr 20, 5:33 PM ET
Size
10.6 KB
Accession
0001209191-20-025141
Insider Transaction Report
Form 4
DOLAN MARY S
Other
Transactions
- Other
Common Stock
2020-04-17−1,000→ 0 total(indirect: By Madison Square Garden Sports Corp. and its subsidiaries) - Other
Class A Common Stock
2020-04-17+2,603→ 2,603 total - Other
Class A Common Stock
2020-04-17+2,274→ 2,274 total(indirect: By Children)
Footnotes (6)
- [F1]Relates to the spin-off of Madison Square Garden Entertainment Corp. (formerly MSG Entertainment Spinco, Inc., and referred to herein as "MSGE") from Madison Square Garden Sports Corp. (formerly The Madison Square Garden Company, and referred to herein as "MSGS"), which occurred on April 17, 2020. To effect the spin-off, the issued and outstanding common stock of MSGE of 1,000 shares of common stock was recapitalized into 19,461,991 shares of MSGE's Class A common stock and 4,529,517 shares of MSGE's Class B common stock in a transaction exempt under Rule 16b-7. MSGS distributed all of the outstanding MSGE common stock to its stockholders (the "Distribution") in a transaction exempt under Rule 16a-9. As a result of the Distribution, MSGS no longer beneficially owns any shares of MSGE and consequently is no longer subject to the requirements of Section 16 of the the Securities Exchange Act of 1934, as amended (the "Exchange Act") with respect to MSGE.
- [F2]The Reporting Person is a trustee of a member of a "group" with respect to certain securities of MSGS for purposes of Section 13(d) of the Exchange Act. As such, the Reporting Person may have been deemed to beneficially own MSGE shares held directly by MSGS and its subsidiaries.
- [F3]Represents Class A Common Stock received in connection with the Distribution in a transaction exempt under Rule 16a-9.
- [F4]Reflects transfer of shares previously owned directly by MSGS and its subsidiaries exempt under Rule 16a-13.
- [F5]Includes Class A Common Stock held jointly by Ms. Dolan and her spouse.
- [F6]The Reporting Person disclaims beneficial ownership of all shares of MSGE beneficially owned or deemed to be beneficially owned by the Reporting Person as custodian for her children and this filing shall not be deemed an admission that she is, for purposes of Section 16 or for any other purpose, the beneficial owner of such securities.
Documents
Issuer
Madison Square Garden Entertainment Corp.
CIK 0001795250
Entity typeother
Related Parties
1- filerCIK 0000933022
Filing Metadata
- Form type
- 4
- Filed
- Apr 19, 8:00 PM ET
- Accepted
- Apr 20, 5:33 PM ET
- Size
- 10.6 KB