4//SEC Filing
Byrnes David F. 4
Accession 0001209191-23-049931
CIK 0001952073other
Filed
Sep 18, 8:00 PM ET
Accepted
Sep 19, 4:15 PM ET
Size
13.6 KB
Accession
0001209191-23-049931
Insider Transaction Report
Form 4
Byrnes David F.
EVP & Chief Financial Officer
Transactions
- Exercise/Conversion
Restricted Stock Units
2023-09-15−4,663→ 9,327 totalExp: 2025-09-15→ Class A Common Stock (4,663 underlying) - Exercise/Conversion
Class A Common Stock
2023-09-15+2,472→ 3,682 total - Exercise/Conversion
Class A Common Stock
2023-09-15+4,663→ 8,345 total - Tax Payment
Class A Common Stock
2023-09-15$32.75/sh−3,641$119,243→ 4,704 total - Exercise/Conversion
Restricted Stock Units
2023-09-15−2,472→ 2,472 totalExp: 2024-09-15→ Class A Common Stock (2,472 underlying)
Footnotes (3)
- [F1]Each restricted stock unit ("RSU") was granted on April 20, 2023 under the Madison Square Garden Entertainment Corp. ("MSGE") 2023 Stock Plan (the "2023 Employee Stock Plan") in respect of an RSU granted by Sphere Entertainment Co. ("SPHR") on April 20, 2022 and represents a right to receive one share of MSGE Class A Common Stock or the cash equivalent thereof. One half of the RSUs vested and were settled on September 15, 2023. The remaining one-half of the RSUs are scheduled to vest and settle on September 15, 2024.
- [F2]Each RSU was granted on April 20, 2023 under the 2023 Employee Stock Plan in respect of an RSU granted by SPHR on August 31, 2022, and represents a right to receive one share of MSGE Class A Common Stock or the cash equivalent thereof. One-third of the RSUs vested and were settled on September 15, 2023. One-third of the RSUs are scheduled to vest and settle on September 15, 2024. The remaining one-third of the RSUs are scheduled to vest and settle on September 15, 2025.
- [F3]Represents RSUs of MSGE withheld to satisfy tax withholding obligations in connection with the vesting of RSUs described in footnotes 1, and 2, exempt under Rule 16b-3.
Documents
Issuer
Madison Square Garden Entertainment Corp.
CIK 0001952073
Entity typeother
Related Parties
1- filerCIK 0001768583
Filing Metadata
- Form type
- 4
- Filed
- Sep 18, 8:00 PM ET
- Accepted
- Sep 19, 4:15 PM ET
- Size
- 13.6 KB