RYAN DOLAN 1989 TRUST 4
4 · MSG NETWORKS INC. · Filed Jul 13, 2021
Insider Transaction Report
Form 4
Transactions
- Other
Class B Common Stock
2021-07-09−15,156→ 0 total→ Class A Common Stock (15,156 underlying) - Other
Class B Common Stock
2021-07-09−15,156→ 0 total→ Class A Common Stock (15,156 underlying)
Footnotes (4)
- [F1]The MSG Networks Inc. ("MSGN") Class B Common Stock was convertible at the option of the holder on a share for share basis into MSGN Class A Common Stock.
- [F2]Represents shares of Class B Common Stock of MSGN disposed of as a result of the conversion of MSGN Class B Common Stock to Class B 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"), calculated based on (x) the number of shares of MSGN Class B 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.
- [F3]These securities are owned solely by the Ryan Dolan 1989 Trust, which is a member of a "group" with the other reporting person for purposes of Section 13(d) of the Exchange Act. The other reporting person disclaims beneficial ownership of these securities and this report shall not be deemed to be an admission that the other reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.
- [F4]These securities are owned solely by the Tara Dolan 1989 Trust, which is a member of a "group" with the other reporting person for purposes of Section 13(d) of the Exchange Act. The other reporting person disclaims beneficial ownership of these securities and this report shall not be deemed to be an admission that the other reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.