Yospe Joseph F 4

4 · Madison Square Garden Entertainment Corp. · Filed Sep 17, 2020

Form 4

Period: 2020-09-15

SVP, Controller & PAO

Transactions

Exercise/Conversion
Class A Common Stock
[F1]
2020-09-15+250→ 5,271 total
Exercise/Conversion
Class A Common Stock
[F2]
2020-09-15+276→ 5,547 total
Exercise/Conversion
Class A Common Stock
[F3]
2020-09-15+42→ 5,589 total
Tax Payment
Class A Common Stock
[F4]
2020-09-15$75.76/sh−191$14,470→ 5,398 total
Exercise/Conversion
Restricted Stock Unit
[F1]
2020-09-15−250→ 250 total
Exp: 2021-09-15→ Class A Common Stock (250 underlying)
Exercise/Conversion
Restricted Stock Units
[F2]
2020-09-15−276→ 552 total
Exp: 2022-09-15→ Class A Common Stock (276 underlying)
Exercise/Conversion
Restricted Stock Unit
[F3]
2020-09-15−42→ 85 total
Exp: 2022-09-15→ Class A Common Stock (42 underlying)

Footnotes (4)

[F1]Each restricted stock unit ("RSU") was granted on April 17, 2020 under the Madison Square Garden Entertainment Corp. ("MSGE") 2020 Employee Stock Plan (the "2020 Employee Stock Plan") in respect of an RSU granted by Madison Square Garden Sports Corp. ("MSGS") on August 29, 2018 and represents a right to receive one share of Class A Common Stock or the cash equivalent thereof. Half of the RSUs vested and were settled on September 15, 2020. The remaining RSUs will vest and settle on September 15, 2021.
[F2]Each RSU was granted on April 17, 2020 under the 2020 Employee Stock Plan in respect of an RSU granted by MSGS on August 29, 2019 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 15, 2020. The remaining two-thirds of the RSUs will vest and settle in two equal installments on September 15, 2021 and September 15, 2022.
[F3]Each RSU was granted on May 21, 2020 under the 2020 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 15, 2020. The remaining two-thirds of the RSUs will vest and settle in two equal installments on September 15, 2021 and September 15, 2022.
[F4]Represents RSUs of MSGE withheld to satisfy tax withholding obligations in connection with the vesting of RSUs described in footnotes 1, 2 and 3 above, exempt under Rule 16b-3.

Signature

/s/ Emma Y. Barnett, Attorney-in-Fact for Joseph F. Yospe|2020-09-17

Documents

1 file