Gregory Brunner - Mar 27, 2024 Form 4 Insider Report for Sphere Entertainment Co. (SPHR)

Role
SVP, Controller & PAO
Signature
/s/ Mark C. Cresitello, Attorney-in-Fact for Gregory Brunner
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 +4.44K 4.44K Mar 27, 2024 Class A Common Stock 4.44K 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.