4//SEC Filing
Ranji Gautam 4
Accession 0001209191-23-049939
CIK 0001795250other
Filed
Sep 18, 8:00 PM ET
Accepted
Sep 19, 4:15 PM ET
Size
13.5 KB
Accession
0001209191-23-049939
Insider Transaction Report
Form 4
Ranji Gautam
EVP, CFO & Treasurer
Transactions
- Exercise/Conversion
Restricted Stock Units
2023-09-15−1,371→ 2,744 totalExp: 2025-09-15→ Class A Common Stock (1,371 underlying) - Exercise/Conversion
Class A Common Stock
2023-09-15+1,371→ 1,371 total - Tax Payment
Class A Common Stock
2023-09-15$37.47/sh−901$33,760→ 867 total - Exercise/Conversion
Restricted Stock Units
2023-09-15−397→ 796 totalExp: 2025-09-15→ Class A Common Stock (397 underlying) - Exercise/Conversion
Class A Common Stock
2023-09-15+397→ 1,768 total
Footnotes (3)
- [F1]Each restricted stock unit ("RSU") was granted on August 31, 2022 under the Sphere Entertainment Co. ("SPHR") 2020 Employee Stock Plan, as amended (the "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, 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.
- [F2]Each RSU was granted on May 30, 2023 under the 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, 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 SPHR withheld to satisfy tax withholding obligations in connection with the vesting and settlement of RSUs described in footnotes 1 and 2, exempt under Rule 16b-3.
Documents
Issuer
Sphere Entertainment Co.
CIK 0001795250
Entity typeother
Related Parties
1- filerCIK 0001970630
Filing Metadata
- Form type
- 4
- Filed
- Sep 18, 8:00 PM ET
- Accepted
- Sep 19, 4:15 PM ET
- Size
- 13.5 KB