Jennifer Koester - 05 Feb 2024 Form 4 Insider Report for Sphere Entertainment Co. (SPHR)

Role
President-Sphere Business Ops.
Signature
/s/ Mark C. Cresitello, Attorney-in-Fact for Jennifer Koester
Issuer symbol
SPHR
Transactions as of
05 Feb 2024
Net transactions value
$0
Form type
4
Filing time
07 Feb 2024, 16:10:13 UTC
Next filing
24 Apr 2024
SEC
View on sec.gov

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction SPHR Options (Right to Buy) Award $0 +158,333 $0.000000 158,333 05 Feb 2024 Class A Common Stock 158,333 $42.23 Direct F1, F2
transaction SPHR Options (Right to Buy) Award $0 +158,333 $0.000000 158,333 05 Feb 2024 Class A Common Stock 158,333 $45.60 Direct F1, F2
transaction SPHR Options (Right to Buy) Award $0 +158,334 $0.000000 158,334 05 Feb 2024 Class A Common Stock 158,334 $50.67 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The stock options were granted on February 5, 2024 under the Sphere Entertainment Co. 2020 Employee Stock Plan, as amended, and represent the option to purchase Class A Common Stock.
F2 The stock options will cliff vest on October 20, 2026 if Jennifer Koester has remained employed by, or provided services to, the Company or any of its subsidiaries through such date (subject to certain limited exceptions).