Philip Gerard D'Ambrosio - 20 Apr 2023 Form 4 Insider Report for Madison Square Garden Entertainment Corp. (MSGE)

Role: SVP and Treasurer
Signature: /s/ Mark C. Cresitello, Attorney-in-Fact for Philip G. D'Ambrosio
Issuer symbol: MSGE
Transactions as of: 20 Apr 2023
Net transactions value: $0
Form type: 4
Filing time: 21 Apr 2023, 16:05:27 UTC
Previous filing: 03 Apr 2023
Next filing: 02 Jun 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	MSGE	Class A Common Stock, par value $0.01	Other	$0	+10,126		$0.000000	10,126	20 Apr 2023	Direct	F1

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	MSGE	Restricted Stock Units	Other	$0	+1,931		$0.000000	1,931	20 Apr 2023	Class A Common Stock	1,931		Direct	F2, F3
transaction	MSGE	Restricted Stock Units	Other	$0	+381		$0.000000	381	20 Apr 2023	Class A Common Stock	381		Direct	F2, F4
transaction	MSGE	Restricted Stock Units	Other	$0	+4,867		$0.000000	4,867	20 Apr 2023	Class A Common Stock	4,867		Direct	F2, F5
transaction	MSGE	Restricted Stock Units	Other	$0	+8,230		$0.000000	8,230	20 Apr 2023	Class A Common Stock	8,230		Direct	F2, F6

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

Explanation of Responses:

Id	Content
F1	Represents Class A Common Stock received by the Reporting Person in connection with the distribution by Sphere Entertainment Co. (formerly Madison Square Garden Entertainment Corp. and referred to herein as "SPHR") of outstanding common stock of Madison Square Garden Entertainment Corp. (formerly MSGE Spinco, Inc. and referred to herein as "MSGE") to SPHR's stockholders (the "Distribution") in a transaction exempt under Rules 16a-9 and 16b-3.
F2	Represents restricted stock units ("RSUs") received by the Reporting Person in connection with the Distribution in a transaction exempt under Rules 16a-9, 16b-3 and 16b-6. The Reporting Person received one MSGE RSU in respect of every one SPHR RSU. Each RSU is granted under the MSGE 2023 Employee Stock Plan and represents a right to receive one share of MSGE Class A Common Stock or the cash equivalent.
F3	Pursuant to the terms of the Reporting Person's SPHR RSU award dated August 25, 2020, 1,931 RSUs will vest and settle on September 15, 2023.
F4	Pursuant to the terms of the Reporting Person's SPHR RSU award dated April 22, 2021, 381 RSUs will vest and settle on September 15, 2023.
F5	Pursuant to the terms of the Reporting Person's SPHR RSU award dated August 27, 2021, 4,867 RSUs will vest and settle in two equal installments on September 15, 2023 and September 15, 2024.
F6	Pursuant to the terms of the Reporting Person's SPHR RSU award dated August 31, 2022, 8,230 RSUs will vest and settle in three equal installments on September 15, 2023, September 15, 2024 and September 15, 2025.