Philip Gerard D'Ambrosio - Aug 27, 2024 Form 4 Insider Report for Madison Square Garden Entertainment Corp. (MSGE)

Signature
/s/ Mark C. Cresitello, Attorney-in-Fact for Philip D'Ambrosio
Stock symbol
MSGE
Transactions as of
Aug 27, 2024
Transactions value $
$0
Form type
4
Date filed
8/29/2024, 04:15 PM
Previous filing
Feb 21, 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 MSGE Restricted Stock Units Award $0 +18K $0.00 18K Aug 27, 2024 Class A Common Stock 18K Direct F1, F2
transaction MSGE Performance Restricted Stock Units Award $0 +7.51K $0.00 7.51K Aug 27, 2024 Class A Common Stock 7.51K Direct 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. ("MSGE") 2023 Employee Stock Plan ("the 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 are scheduled to vest and settle in three equal installments on September 15, 2025, September 15, 2026 and September 15, 2027.
F3 Each performance restricted stock unit ("PSU") was granted on April 20, 2023 under the 2023 Employee Stock Plan in respect of a PSU granted by Sphere Entertainment Co. ("SPHR") on August 27, 2021 and represents a right to receive one share of MSGE Class A Common Stock or the cash equivalent thereof. The performance conditions were satisfied on August 27, 2024. The PSUs are scheduled to vest and settle on September 13, 2024.