Alan D. Schwartz - Feb 15, 2023 Form 4 Insider Report for Madison Square Garden Sports Corp. (MSGS)

Role
Director
Signature
/s/ Mark C. Cresitello, Attorney-in-Fact for Alan D. Schwartz
Stock symbol
MSGS
Transactions as of
Feb 15, 2023
Transactions value $
$0
Form type
4
Date filed
2/17/2023, 03:11 PM
Previous filing
Dec 13, 2022
Next filing
Dec 12, 2023

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 Award $0 +411 +8.01% $0.00 5.54K Feb 15, 2023 Class A Common Stock 411 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 Sports Corp. 2015 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.