Jennifer Koester - Aug 27, 2024 Form 4 Insider Report for Sphere Entertainment Co. (SPHR)

Role
President & COO, Sphere
Signature
/s/ Mark C. Cresitello, Attorney-in-Fact for Jennifer Koester
Stock symbol
SPHR
Transactions as of
Aug 27, 2024
Transactions value $
$0
Form type
4
Date filed
8/29/2024, 04:05 PM
Previous filing
Apr 24, 2024
Next filing
Sep 17, 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 Restricted Stock Units Award $0 +24.8K $0.00 24.8K Aug 27, 2024 Class A Common Stock 24.8K Direct F1, F2
transaction SPHR Restricted Stock Units Award $0 +24.8K $0.00 24.8K Aug 27, 2024 Class A Common Stock 24.8K 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 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 are scheduled to vest and settle in three equal installments on September 15, 2025, September 15, 2026 and September 15, 2027.
F3 The RSUs are scheduled to vest and settle on September 15, 2027.