4//SEC Filing
Dolan Aidan J 4
Accession 0001209191-21-046536
CIK 0001469372other
Filed
Jul 12, 8:00 PM ET
Accepted
Jul 13, 4:51 PM ET
Size
8.5 KB
Accession
0001209191-21-046536
Insider Transaction Report
Form 4
Dolan Aidan J
Director
Transactions
- Disposition to Issuer
Class A Common Stock
2021-07-09−925→ 0 total - Disposition to Issuer
Restricted Stock Units
2021-07-09−14,126→ 0 total→ Class A Common Stock (14,126 underlying)
Footnotes (4)
- [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 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, based on (x) the total number of shares of MSGN Class A Common Stock subject to such MSGN RSUs, multiplied by (y) 0.172.
- [F4]The MSGN RSUs were fully vested on the date of grant and, prior to the Merger, would have been settled in stock or in cash on the first business day 90 days after service on the Board of Directors ceased.
Documents
Issuer
MSG NETWORKS INC.
CIK 0001469372
Entity typeother
Related Parties
1- filerCIK 0001814020
Filing Metadata
- Form type
- 4
- Filed
- Jul 12, 8:00 PM ET
- Accepted
- Jul 13, 4:51 PM ET
- Size
- 8.5 KB