Burian Lawrence J. 4

4 · MSG NETWORKS INC. · Filed Sep 17, 2020

Form 4

Period: 2020-09-15

See Remarks

Transactions

Exercise/Conversion
Restricted Stock Units
2020-09-15−5,952→ 11,906 total
Exp: 2022-09-15→ Class A Common Stock (5,952 underlying)
Tax Payment
Class A Common Stock
2020-09-15$9.42/sh−2,021$19,038→ 3,931 total
Exercise/Conversion
Class A Common Stock
2020-09-15+4,214→ 8,145 total
Tax Payment
Class A Common Stock
2020-09-15$9.42/sh−1,431$13,480→ 6,714 total
Exercise/Conversion
Restricted Stock Units
2020-09-15−4,214→ 4,215 total
Exp: 2021-09-15→ Class A Common Stock (4,214 underlying)
Exercise/Conversion
Class A Common Stock
2020-09-15+5,952→ 5,952 total

Footnotes (3)

[F1]Each restricted stock unit ("RSU") was granted on August 29, 2019 under the MSG Networks Inc. ("Networks") 2010 Employee Stock Plan (the "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 September 15, 2020. The remaining two-thirds of the RSUs will vest equally on September 15, 2021 and September 15, 2022.
[F2]Represents RSUs of Networks withheld to satisfy tax withholding obligations in connection with the vesting of RSUs described in footnotes 1 and 3, exempt under Rule 16b-3.
[F3]Each RSU was granted on August 28, 2018 under the 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 September 13, 2019. One-third of the RSUs vested and were settled on September 15, 2020. The remaining one-third of the RSUs will vest on September 15, 2021.

Documents

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