DARINO-GORSKI DAWN 4
4 · MSG NETWORKS INC. · Filed Sep 3, 2020
Insider Transaction Report
Form 4
DARINO-GORSKI DAWN
SVP, Controller & PAO
Transactions
- Exercise/Conversion
Class A Common Stock
2020-09-01+3,307→ 21,421 total - Tax Payment
Class A Common Stock
2020-09-01$9.58/sh−1,123$10,758→ 20,298 total - Exercise/Conversion
Restricted Stock Units
2020-09-01−3,307→ 0 totalExp: 2020-09-01→ Class A Common Stock (3,307 underlying)
Footnotes (2)
- [F1]Each restricted stock unit ("RSU") was granted on September 1, 2017 under the MSG Networks Inc. ("Networks") 2010 Employee Stock Plan, as amended, 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 31, 2018. One-third of the RSUs vested and were settled on September 1, 2019. The remaining one-third of the RSUs vested and were settled on September 1, 2020.
- [F2]Represents RSUs of Networks withheld to satisfy tax withholding obligations in connection with the vesting of RSUs described in footnote 1 above, exempt under Rule 16b-3.