David F. Byrnes - Mar 27, 2024 Form 4 Insider Report for Sphere Entertainment Co. (SPHR)

Role
EVP, CFO & Treasurer
Signature
/s/ Mark C. Cresitello, Attorney-in-Fact for David Byrnes
Stock symbol
SPHR
Transactions as of
Mar 27, 2024
Transactions value $
$0
Form type
4
Date filed
3/29/2024, 04:05 PM
Previous filing
Feb 15, 2024
Next filing
Apr 24, 2024

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 Performance Restricted Stock Units Award +7.42K 7.42K Mar 27, 2024 Class A Common Stock 7.42K Direct F1, F2, F3
transaction SPHR Performance Restricted Stock Units Award +14K 14K Mar 27, 2024 Class A Common Stock 14K Direct F1, F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each performance restricted stock unit ("PSU") represents a right to receive one share of Sphere Entertainment Co. (the "Issuer") Class A Common Stock or the cash equivalent thereof.
F2 Represents PSUs granted on April 20, 2022 that are no longer subject to performance-based vesting requirements as a result of the decision by the Compensation Committee of the Board of Directors of the Issuer to deem such PSUs earned at 100% of target.
F3 The PSUs are scheduled to vest and settle on September 15, 2024.
F4 Represents PSUs granted on August 31, 2022 that are no longer subject to performance-based vesting requirements as a result of the decision by the Compensation Committee of the Board of Directors of the Issuer to deem such PSUs earned at 100% of target.
F5 The PSUs are scheduled to vest and settle on September 15, 2025.