Burian Lawrence J. 4
4 · Madison Square Garden Sports Corp. · Filed Sep 17, 2021
Insider Transaction Report
Form 4
Burian Lawrence J.
EVP, GC and Secretary
Transactions
- Exercise/Conversion
Restricted Stock Units
2021-09-15−760→ 0 totalExp: 2021-09-15→ Class A Common Stock (760 underlying) - Exercise/Conversion
Restricted Stock Units
2021-09-15−1,457→ 2,914 totalExp: 2023-09-15→ Class A Common Stock (1,457 underlying) - Exercise/Conversion
Class A Common Stock
2021-09-15+1,457→ 11,332 total - Exercise/Conversion
Class A Common Stock
2021-09-15+2,280→ 11,989 total - Exercise/Conversion
Class A Common Stock
2021-09-15+760→ 9,035 total - Exercise/Conversion
Restricted Stock Units
2021-09-15−840→ 840 totalExp: 2022-09-15→ Class A Common Stock (840 underlying) - Exercise/Conversion
Class A Common Stock
2021-09-15+840→ 9,875 total - Tax Payment
Class A Common Stock
2021-09-15$180.51/sh−1,623$292,968→ 9,709 total - Tax Payment
Class A Common Stock
2021-09-15$180.51/sh−1,212$218,778→ 10,777 total - Exercise/Conversion
Performance Restricted Stock Units
2021-09-15−2,280→ 0 totalExp: 2021-09-15→ Class A Common Stock (2,280 underlying)
Footnotes (6)
- [F1]Each restricted stock unit ("RSU") was granted on August 29, 2018 under the Madison Square Garden Sports Corp. ("MSGS") 2015 Employee Stock Plan (the "2015 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 13, 2019. One-third of the RSUs vested and were settled on September 15, 2020. The remaining one-third of the RSUs vested and were settled on September 15, 2021.
- [F2]Each RSU was granted on August 29, 2019 under the 2015 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, 2020. One-third of the RSUs vested and were settled on September 15, 2021. The remaining one-third of the RSUs will vest on September 15, 2022.
- [F3]Each RSU was granted on August 27, 2020 under the 2015 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. One-third of the RSUs will vest on September 15, 2022. The remaining one-third of the RSUs will vest on September 15, 2023.
- [F4]Represents RSUs of MSGS withheld to satisfy tax withholding obligations in connection with the vesting of RSUs described in footnotes 1, 2, and 3 exempt under Rule 16b-3.
- [F5]Each performance restricted stock unit ("PSU") was granted on August 29, 2018 under the 2015 Employee Stock Plan and represents a right to receive one share of Class A Common Stock or the cash equivalent thereof. The performance conditions were satisfied on August 27, 2021 and the PSUs vested and were settled on September 15, 2021.
- [F6]Represents PSUs of MSGS withheld to satisfy tax withholding obligations in connection with the vesting of PSUs described in footnote 5 above, exempt under Rule 16b-3.