Id | Content |
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F1 | Each Restricted Stock Unit ("RSU") is granted under the Sphere Entertainment Co. 2020 Employee Stock Plan, as amended, and represents a right to receive one share of Class A Common Stock or the cash equivalent thereof. |
F2 | The RSUs will vest and settle in three equal installments on September 15, 2024, September 15, 2025 and September 15, 2026. |
F3 | 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. |
F4 | Represents PSUs granted on April 22, 2024 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 performance achieved at 100% of target. |
F5 | The PSUs are scheduled to vest and settle on September 15, 2026. |