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

Role: Executive Vice President
Signature: /s/ Mark C. Cresitello, Attorney-in-Fact for David Granville-Smith
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: Sep 6, 2023
Next filing: Aug 29, 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		+26.9K			26.9K	Mar 27, 2024	Class A Common Stock	26.9K		Direct	F1, F2, F3

* 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 September 1, 2023 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, 2026.