Joseph F. Yospe - Aug 27, 2021 Form 4 Insider Report for Madison Square Garden Entertainment Corp. (SPHR)

Role
SVP, Controller & PAO
Signature
/s/ Emma Y. Barnett, Attorney-in-Fact for Joseph F. Yospe
Stock symbol
SPHR
Transactions as of
Aug 27, 2021
Transactions value $
$0
Form type
4
Date filed
8/31/2021, 06:56 PM
Next filing
Sep 17, 2021

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 +3.65K $0.00 3.65K Aug 27, 2021 Class A Common Stock 3.65K Direct F1, F2
transaction SPHR Performance Restricted Stock Units Award $0 +749 $0.00 749 Aug 27, 2021 Class A Common Stock 749 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. 2020 Employee Stock Plan (the "2020 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, 2022, September 15, 2023 and September 15, 2024.
F3 Each performance restricted stock unit ("PSU") was granted on April 17, 2020 under the 2020 Employee Stock Plan in respect of a PSU granted by Madison Square Garden Sports Corp. on August 29, 2018 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 27, 2021. The PSUs are scheduled to vest and settle on September 15, 2021.