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

Signature
/s/ Mark C. Cresitello, Attorney-in-Fact for Laura Franco
Stock symbol
MSGE
Transactions as of
Apr 24, 2024
Transactions value $
$0
Form type
4
Date filed
4/26/2024, 04:05 PM
Previous filing
Apr 24, 2024
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 MSGE Restricted Stock Units Award $0 +3.74K $0.00 3.74K Apr 24, 2024 Class A Common Stock 3.74K Direct F1, F2
transaction MSGE Restricted Stock Units Award $0 +23.7K $0.00 23.7K Apr 24, 2024 Class A Common Stock 23.7K 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.