4//SEC Filing
DARINO-GORSKI DAWN 4
Accession 0001209191-21-046505
CIK 0001469372other
Filed
Jul 12, 8:00 PM ET
Accepted
Jul 13, 4:34 PM ET
Size
13.2 KB
Accession
0001209191-21-046505
Insider Transaction Report
Form 4
DARINO-GORSKI DAWN
SVP, Controller & PAO
Transactions
- Disposition to Issuer
Restricted Stock Units
2021-07-09−2,880→ 0 total→ Class A Common Stock (2,880 underlying) - Disposition to Issuer
Class A Common Stock
2021-07-09−24,886→ 0 total - Disposition to Issuer
Restricted Stock Units
2021-07-09−8,136→ 0 total→ Class A Common Stock (8,136 underlying) - Disposition to Issuer
Restricted Stock Units
2021-07-09−19,981→ 0 total→ Class A Common Stock (19,981 underlying)
Footnotes (6)
- [F1]Represents shares of Class A Common Stock of MSG Networks Inc. ("MSGN") disposed of as a result of the conversion of MSGN Class A Common Stock to Class A Common Stock of Madison Square Garden Entertainment Corp. ("MSGE") pursuant to the closing of the merger contemplated by the Agreement and Plan of Merger, dated as of March 25, 2021, by and among MSGE, Broadway Sub Inc. and MSGN (the "Merger"), a transaction exempt under Rule 16b-3, calculated based on (x) the number of shares of MSGN Class A Common Stock multiplied by (y) 0.172, and rounded up to the next whole share. On July 8, 2021 (the day prior to the Merger), the closing price of one share of MSGE Class A Common Stock was $82.28.
- [F2]Each MSGN restricted stock unit represented a right to receive one share of MSGN Class A Common Stock or the cash equivalent thereof.
- [F3]Represents MSGN restricted stock units ("MSGN RSUs") disposed of as a result of the conversion of MSGN RSUs to MSGE restricted stock units pursuant to the closing of the Merger, a transaction exempt under Rule 16b-3, calculated based on (x) the number of shares of MSGN Class A Common Stock subject to such MSGN RSUs, multiplied by (y) 0.172.
- [F4]The MSGN RSUs were scheduled to vest and settle in equal installments on September 15, 2021, September 15, 2022 and September 15, 2023.
- [F5]The MSGN RSUs were scheduled to vest and settle in equal installments on September 15, 2021 and September 15, 2022.
- [F6]The MSGN RSUs were scheduled to vest and settle on September 15, 2021.
Documents
Issuer
MSG NETWORKS INC.
CIK 0001469372
Entity typeother
Related Parties
1- filerCIK 0001653195
Filing Metadata
- Form type
- 4
- Filed
- Jul 12, 8:00 PM ET
- Accepted
- Jul 13, 4:34 PM ET
- Size
- 13.2 KB