Charles F. Dolan Children Trust Fbo Deborah Dolan Sweeney - Jul 9, 2021 Form 4 Insider Report for MSG NETWORKS INC. (MSGN)

Role: Member of 13(d) Group
Signature: CHARLES F. DOLAN CHILDREN TRUST FBO DEBORAH DOLAN-SWEENEY By: /s/ Brian G. Sweeney, Attorney-in-Fact
Stock symbol: MSGN
Transactions as of: Jul 9, 2021
Transactions value $: $0
Form type: 4
Date filed: 7/13/2021, 04:51 PM
Next filing: Apr 3, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	MSGN	Class A Common Stock	Other		-47.9K	-100%		0	Jul 9, 2021	Direct	F1, F2
transaction	MSGN	Class A Common Stock	Other		-87.8K	-100%		0	Jul 9, 2021	Direct	F1, F3
transaction	MSGN	Class A Common Stock	Other		-39.9K	-100%		0	Jul 9, 2021	Direct	F1, F4
transaction	MSGN	Class A Common Stock	Other		-47.9K	-100%		0	Jul 9, 2021	Direct	F1, F5
transaction	MSGN	Class A Common Stock	Other		-47.9K	-100%		0	Jul 9, 2021	Direct	F1, F6

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	MSGN	Class B Common Stock	Other		-919K	-100%		0	Jul 9, 2021	Class A Common Stock	919K		Direct	F1, F2, F7
transaction	MSGN	Class B Common Stock	Other		-1.81M	-100%		0	Jul 9, 2021	Class A Common Stock	1.81M		Direct	F1, F3, F7
transaction	MSGN	Class B Common Stock	Other		-927K	-100%		0	Jul 9, 2021	Class A Common Stock	927K		Direct	F1, F4, F7
transaction	MSGN	Class B Common Stock	Other		-919K	-100%		0	Jul 9, 2021	Class A Common Stock	919K		Direct	F1, F5, F7
transaction	MSGN	Class B Common Stock	Other		-891K	-100%		0	Jul 9, 2021	Class A Common Stock	891K		Direct	F1, F6, F7

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Charles F. Dolan Children Trust Fbo Deborah Dolan Sweeney is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id	Content
F1	Represents shares of Class A Common Stock and Class B Common Stock, as applicable, of MSG Networks Inc. ("MSGN") disposed of as a result of the conversion of MSGN Class A Common Stock and MSGN Class B Common Stock to Class A Common Stock and Class B Common Stock, as applicable, of Madison Square Garden Entertainment Corp. ("MSGE") pursuant to the closing of the merger contemplated by the Agreement and Plan of Merger, dated as of March 25, 2021, by and among MSGE, Broadway Sub Inc. and MSGN (the "Merger"), calculated based on (x) the number of shares of MSGN Class A Common Stock or MSGN Class B Common Stock, respectively, multiplied by (y) 0.172, and rounded up to the next whole share. On July 8, 2021 (the day prior to the Merger), the closing price of one share of MSGE Class A Common Stock was $82.28.
F2	Securities owned solely by the Charles F. Dolan Children Trust FBO Deborah Dolan-Sweeney, which is a member of a "group" with the other reporting persons for purposes of Section 13(d) of the Exchange Act. Each of the other reporting persons disclaims beneficial ownership of these securities and this report shall not be deemed to be an admission that the other reporting persons are, for the purposes of Section 16 or for any other purpose, the beneficial owner of such securities.
F3	Securities owned solely by the Charles F. Dolan Children Trust FBO James L. Dolan, which is a member of a "group" with the other reporting persons for purposes of Section 13(d) of the Exchange Act. Each of the other reporting persons disclaims beneficial ownership of these securities and this report shall not be deemed to be an admission that the other reporting persons are, for the purposes of Section 16 or for any other purpose, the beneficial owner of such securities.
F4	Securities owned solely by the Charles F. Dolan Children Trust FBO Thomas C. Dolan, which is a member of a "group" with the other reporting persons for purposes of Section 13(d) of the Exchange Act. Each of the other reporting persons disclaims beneficial ownership of these securities and this report shall not be deemed to be an admission that the other reporting persons are, for the purposes of Section 16 or for any other purpose, the beneficial owner of such securities.
F5	Securities owned solely by the Charles F. Dolan Children Trust FBO Kathleen M. Dolan, which is a member of a "group" with the other reporting persons for purposes of Section 13(d) of the Exchange Act. Each of the other reporting persons disclaims beneficial ownership of these securities and this report shall not be deemed to be an admission that the other reporting persons are, for the purposes of Section 16 or for any other purpose, the beneficial owner of such securities.
F6	Securities owned solely by the Charles F. Dolan Children Trust FBO Marianne Dolan Weber, which is a member of a "group" with the other reporting persons for purposes of Section 13(d) of the Exchange Act. Each of the other reporting persons disclaims beneficial ownership of these securities and this report shall not be deemed to be an admission that the other reporting persons are, for the purposes of Section 16 or for any other purpose, the beneficial owner of such securities.
F7	The MSGN Class B Common Stock was convertible at the option of the holder on a share for share basis into MSGN Class A Common Stock.