4//SEC Filing
Burian Lawrence J. 4
Accession 0001209191-20-050938
CIK 0001469372other
Filed
Sep 16, 8:00 PM ET
Accepted
Sep 17, 4:42 PM ET
Size
15.0 KB
Accession
0001209191-20-050938
Insider Transaction Report
Form 4
Burian Lawrence J.
See Remarks
Transactions
- Exercise/Conversion
Restricted Stock Units
2020-09-15−5,952→ 11,906 totalExp: 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 totalExp: 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
Issuer
MSG NETWORKS INC.
CIK 0001469372
Entity typeother
Related Parties
1- filerCIK 0001480437
Filing Metadata
- Form type
- 4
- Filed
- Sep 16, 8:00 PM ET
- Accepted
- Sep 17, 4:42 PM ET
- Size
- 15.0 KB