Jamaal Lesane - Sep 13, 2024 Form 4 Insider Report for Madison Square Garden Sports Corp. (MSGS)

Role
Chief Operating Officer
Signature
/s/ Mark C. Cresitello, Attorney-in-Fact for Jamaal Lesane
Stock symbol
MSGS
Transactions as of
Sep 13, 2024
Transactions value $
-$364,304
Form type
4
Date filed
9/17/2024, 05:00 PM
Previous filing
Sep 3, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MSGS Class A Common Stock Options Exercise $0 +345 +15.31% $0.00 2.6K Sep 13, 2024 Direct F1
transaction MSGS Class A Common Stock Options Exercise $0 +53 +2.04% $0.00 2.65K Sep 13, 2024 Direct F2
transaction MSGS Class A Common Stock Options Exercise $0 +829 +31.26% $0.00 3.48K Sep 13, 2024 Direct F3
transaction MSGS Class A Common Stock Options Exercise $0 +842 +24.19% $0.00 4.32K Sep 13, 2024 Direct F4
transaction MSGS Class A Common Stock Tax liability -$234K -1.14K -26.42% $204.78 3.18K Sep 13, 2024 Direct F5
transaction MSGS Class A Common Stock Options Exercise $0 +1.13K +35.55% $0.00 4.31K Sep 13, 2024 Direct F6
transaction MSGS Class A Common Stock Options Exercise $0 +173 +4.01% $0.00 4.49K Sep 13, 2024 Direct F7
transaction MSGS Class A Common Stock Tax liability -$130K -637 -14.2% $204.78 3.85K Sep 13, 2024 Direct F8

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 MSGS Restricted Stock Units Options Exercise $0 -345 -100% $0.00 0 Sep 13, 2024 Class A Common Stock 345 Direct F1
transaction MSGS Restricted Stock Units Options Exercise $0 -53 -100% $0.00 0 Sep 13, 2024 Class A Common Stock 53 Direct F2
transaction MSGS Restricted Stock Units Options Exercise $0 -829 -49.97% $0.00 830 Sep 13, 2024 Class A Common Stock 829 Direct F3
transaction MSGS Restricted Stock Units Options Exercise $0 -842 -33.32% $0.00 1.69K Sep 13, 2024 Class A Common Stock 842 Direct F4
transaction MSGS Performance Restricted Stock Units Options Exercise $0 -1.13K -100% $0.00 0 Sep 13, 2024 Class A Common Stock 1.13K Direct F6
transaction MSGS Performance Restricted Stock Units Options Exercise $0 -173 -100% $0.00 0 Sep 13, 2024 Class A Common Stock 173 Direct F7
* 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") was granted on August 19, 2021 under the Madison Square Garden Sports Corp. ("MSGS") 2015 Employee Stock Plan (the "2015 Employee Stock Plan") and represents a right to receive one share of Class A Common Stock or the cash equivalent thereof. One-third of the RSUs vested and were settled on September 15, 2022. One-third of the RSUs vested and were settled on September 15, 2023. The remaining one-third of the RSUs vested and were settled on September 13, 2024.
F2 Each RSU was granted on April 25, 2022 under the 2015 Employee Stock Plan and represents a right to receive one share of Class A Common Stock or the cash equivalent thereof. One third of the RSUs vested and were settled on September 15, 2022. One third of the RSUs vested and were settled on September 15, 2023. The remaining one-third of the RSUs vested and were settled on September 13, 2024.
F3 Each RSU was granted on August 29, 2022 under the 2015 Employee Stock Plan and represents a right to receive one share of Class A Common Stock or the cash equivalent thereof. One-third of the RSUs vested and were settled on September 15, 2023. One-third of the RSUs vested and were settled on September 13, 2024. The remaining one-third of the RSUs are scheduled to vest and settle on September 15, 2025.
F4 Each RSU was granted on August 28, 2023 under the 2015 Employee Stock Plan and represents a right to receive one share of Class A Common Stock or the cash equivalent thereof. One-third of the RSUs vested and were settled on September 13, 2024. One-third of the RSUs are scheduled to vest and settle on September 15, 2025. The remaining one-third of the RSUs are scheduled to vest and settle on September 15, 2026.
F5 Represents RSUs of MSGS withheld to satisfy tax withholding obligations in connection with the vestings of RSUs described in footnotes 1, 2, 3 and 4, exempt under Rule 16b-3.
F6 Each performance restriced stock unit ("PSU") was granted on August 19, 2021 under the Madison Square Garden Sports Corp. 2015 Employee Stock Plan and represents a right to receive one share of Class A Common Stock or the cash equivalent thereof. The performance conditions were satisfied on August 29, 2024 and the PSUs vested and were settled on September 13, 2024.
F7 Each PSU was granted on April 25, 2022 under the Madison Square Garden Sports Corp. 2015 Employee Stock Plan and represents a right to receive one share of Class A Common Stock or the cash equivalent thereof. The performance conditions were satisfied on August 29, 2024 and the PSUs vested and were settled on September 13, 2024.
F8 Represents PSUs of MSGS withheld to satisfy tax withholding obligations in connection with the vestings and settlement of PSUs described in footnotes 6 and 7, exempt under Rule 16b-3.