4//SEC Filing
Ranji Gautam 4
Accession 0001209191-23-054508
CIK 0001795250other
Filed
Nov 5, 7:00 PM ET
Accepted
Nov 6, 4:05 PM ET
Size
18.1 KB
Accession
0001209191-23-054508
Insider Transaction Report
Form 4
Ranji Gautam
EVP, CFO & Treasurer
Transactions
- Exercise/Conversion
Class A Common Stock
2023-11-03+132→ 999 total - Exercise/Conversion
Class A Common Stock
2023-11-03+486→ 1,523 total - Exercise/Conversion
Class A Common Stock
2023-11-03+38→ 1,037 total - Tax Payment
Class A Common Stock
2023-11-03$33.88/sh−656$22,225→ 867 total - Exercise/Conversion
Restricted Stock Units
2023-11-03−132→ 2,612 totalExp: 2025-09-15→ Class A Common Stock (132 underlying) - Exercise/Conversion
Restricted Stock Units
2023-11-03−38→ 758 totalExp: 2025-09-15→ Class A Common Stock (38 underlying) - Exercise/Conversion
Restricted Stock Units
2023-11-03−486→ 9,601 totalExp: 2026-09-15→ Class A Common Stock (486 underlying)
Footnotes (4)
- [F1]Each restricted stock unit ("RSU") was granted on August 31, 2022 under the Sphere Entertainment Co. 2020 Employee Stock Plan, as amended (the "2020 Employee Stock Plan") and represents a right to receive one share of Class A Common Stock of Sphere Entertainment Co. ("Class A Common Stock") or the cash equivalent thereof. One-third of the RSUs vested and were settled on September 15, 2023. The remaining two-thirds of the RSUs are scheduled to settle in two equal installments on September 15, 2024 and September 15, 2025. However, all of the RSUs ceased to be subject to a substantial risk of forfeiture on November 3, 2023.
- [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. The remaining two-thirds of the RSUs are scheduled to settle in two equal installments on September 15, 2024 and September 15, 2025. However, all of the RSUs ceased to be subject to a substantial risk of forfeiture on November 3, 2023.
- [F3]Each RSU was granted on September 1, 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. The RSUs are scheduled to settle in three equal installments on September 15, 2024, September 15, 2025 and September 15, 2026. However, all of the RSUs ceased to be subject to a substantial risk of forfeiture on November 3, 2023.
- [F4]Represents RSUs of the Issuer withheld to satisfy FICA tax withholding obligations arising in connection with the RSUs described in footnotes 1, 2 and 3 as a result of certain vesting rights contained in the Reporting Person's separation agreement, 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
- Nov 5, 7:00 PM ET
- Accepted
- Nov 6, 4:05 PM ET
- Size
- 18.1 KB