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

Role
EVP and Treasurer
Signature
/s/ Mark C. Cresitello, Attorney-in-Fact for Philip D'Ambrosio
Issuer symbol
MSGE
Transactions as of
27 Aug 2024
Net transactions value
$0
Form type
4
Filing time
29 Aug 2024, 16:15:06 UTC
Previous filing
21 Feb 2024
Next filing
17 Sep 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 +18,023 $0.000000 18,023 27 Aug 2024 Class A Common Stock 18,023 Direct F1, F2
transaction MSGE Performance Restricted Stock Units Award $0 +7,512 $0.000000 7,512 27 Aug 2024 Class A Common Stock 7,512 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.