Andrea Greenberg - Mar 27, 2024 Form 4/A - Amendment Insider Report for Sphere Entertainment Co. (SPHR)

Role
President/CEO-MSG Networks
Signature
/s/ Mark C. Cresitello, Attorney-in-Fact for Andrea Greenberg
Stock symbol
SPHR
Transactions as of
Mar 27, 2024
Transactions value $
-$173,086
Form type
4/A - Amendment
Date filed
8/29/2024, 04:03 PM
Date Of Original Report
Mar 29, 2024
Previous filing
Mar 12, 2024
Next filing
Aug 29, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SPHR Class A Common Stock Options Exercise $0 +3.51K +4.58% $0.00 80.2K Mar 27, 2024 Direct F1, F2, F3
transaction SPHR Class A Common Stock Tax liability -$173K -3.51K -4.38% $49.27 76.6K Mar 27, 2024 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents performance restricted stock units ("PSUs") of Sphere Entertainment Co. (the "Issuer") withheld to satisfy FICA tax withholding obligations arising in connection with the PSUs described in footnote 2 as a result of certain vesting rights contained in the Reporting Person's employment agreement, exempt under Rule 16b-3.
F2 Each PSU was granted under the MSG Networks Inc. 2010 Employee Stock Plan, as amended and assumed by the Issuer and represents a right to receive one share of the Issuer Class A Common Stock or the cash equivalent thereof.
F3 The original filing inadvertently overstated the number of shares of Class A Common Stock beneficially owned following the reported transaction.