Ryan T. Dolan - Apr 20, 2023 Form 3 Insider Report for Madison Square Garden Entertainment Corp. (MSGE)

Role
Director
Signature
/s/ Mark Cresitello, as Attorney-in-Fact for Ryan T. Dolan
Stock symbol
MSGE
Transactions as of
Apr 20, 2023
Transactions value $
$0
Form type
3
Date filed
4/21/2023, 04:22 PM
Previous filing
Dec 13, 2022
Next filing
Jun 2, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding MSGE Class A Common Stock 1.08K Apr 20, 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
holding MSGE Restricted Stock Units Apr 20, 2023 Class A Common Stock 145 Direct F2, F3
holding MSGE Restricted Stock Units Apr 20, 2023 Class A Common Stock 292 Direct F3, F4
holding MSGE Restricted Stock Units Apr 20, 2023 Class A Common Stock 494 Direct F3, F5
* 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 in connection with the distribution by Sphere Entertainment Co. (formerly Madison Square Garden Entertainment Corp., and referred to herein as "SPHR") of the common stock of Madison Square Garden Entertainment Corp. (formerly MSGE Spinco, Inc., and referred to herein as "MSGE") to its stockholders (the "Distribution") in a transaction exempt under Rules 16a-9 and 16b-3.
F2 Pursuant to the terms of Reporting Person's SPHR RSU award dated August 25, 2020, the RSUs are scheduled to vest and settle on September 15, 2023.
F3 Each RSU is granted under the MSGE 2023 Employee Stock Plan and represents a right to receive one share of Class A Common Stock or the cash equivalent thereof. Reflects acquisition of RSUs in connection with the Distribution in a transaction exempt under Rules 16a-9, 16b-6 and 16b-3. The Reporting Person received one MSGE RSU in respect of every one SPHR RSU.
F4 Pursuant to the terms of Reporting Person's SPHR RSU award dated August 27, 2021, the RSUs are scheduled to vest and settle in two equal installments on September 15, 2023 and September 15, 2024.
F5 Pursuant to the terms of Reporting Person's SPHR RSU award dated August 31, 2022, the RSUs are scheduled to vest and settle in three equal installments on September 15, 2023, September 15, 2024 and September 15, 2025.

Remarks:

Exhibit List Exhibit 24 - Power of Attorney