Packman Scott S 4
4 · Madison Square Garden Entertainment Corp. · Filed Sep 17, 2021
Insider Transaction Report
Form 4
Packman Scott S
EVP & General Counsel
Transactions
- Exercise/Conversion
Class A Common Stock
2021-09-15+2,895→ 2,895 total - Tax Payment
Class A Common Stock
2021-09-15$80.51/sh−1,288$103,697→ 1,607 total - Exercise/Conversion
Restricted Stock Units
2021-09-15−2,895→ 5,792 totalExp: 2023-09-15→ Class A Common Stock (2,895 underlying)
Footnotes (2)
- [F1]Each restricted stock unit ("RSU") was granted on August 25, 2020 under the Madison Square Garden Entertainment Corp. ("MSGE") 2020 Employee Stock Plan 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, 2021. The remaining two-thirds of the RSUs are scheduled to vest and settle in two equal installments on September 15, 2022 and September 15, 2023.
- [F2]Represents RSUs of MSGE withheld to satisfy tax withholding obligations in connection with the vesting of RSUs described in footnote 1, exempt under Rule 16b-3.