Laura Franco - 24 Apr 2024 Form 4 Insider Report for Madison Square Garden Entertainment Corp. (MSGE)

Role
EVP & General Counsel
Signature
/s/ Mark C. Cresitello, Attorney-in-Fact for Laura Franco
Issuer symbol
MSGE
Transactions as of
24 Apr 2024
Net transactions value
$0
Form type
4
Filing time
26 Apr 2024, 16:05:07 UTC
Previous filing
24 Apr 2024
Next filing
29 Aug 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 MSGE Restricted Stock Units Award $0 +3,738 $0.000000 3,738 24 Apr 2024 Class A Common Stock 3,738 Direct F1, F2
transaction MSGE Restricted Stock Units Award $0 +23,664 $0.000000 23,664 24 Apr 2024 Class A Common Stock 23,664 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each Restricted Stock Unit ("RSU") is granted under the Madison Square Garden Entertainment Corp. 2023 Employee Stock Plan 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 The RSUs will vest and settle 32% on September 15, 2024, 40% on September 15, 2025, 24% on September 15, 2026, and 4% on September 15, 2027.