Frederic V. Salerno - Feb 15, 2022 Form 4 Insider Report for Madison Square Garden Entertainment Corp. (SPHR)

Role
Director
Signature
/s/ Mark C. Cresitello, Attorney-in-Fact for Frederic V. Salerno
Stock symbol
SPHR
Transactions as of
Feb 15, 2022
Transactions value $
$0
Form type
4
Date filed
2/17/2022, 03:15 PM
Previous filing
Dec 14, 2021
Next filing
Dec 8, 2022

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 +1.6K +34.66% $0.00 6.22K Feb 15, 2022 Class A Common Stock 1.6K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit is granted in lieu of cash compensation otherwise payable as director fees under the Madison Square Garden Entertainment Corp. 2020 Stock Plan for Non-Employee Directors and represents a right to receive one share of Class A Common Stock or the cash equivalent thereof.
F2 The restricted stock units are fully vested on the date of the grant and will be settled in stock or in cash on the first business day 90 days after service on the Board of Directors ceases.