Charles F. Dolan Children Trust Fbo Deborah Dolan Sweeney - Apr 20, 2023 Form 4 Insider Report for Madison Square Garden Entertainment Corp. (MSGE)

Role
Member of 13(d) Group
Signature
Charles F. Dolan Children Trust FBO Deborah A. Dolan-Sweeney By: /s/ Brian G. Sweeney, as Attorney-in-Fact
Stock symbol
MSGE
Transactions as of
Apr 20, 2023
Transactions value $
$0
Form type
4
Date filed
4/21/2023, 04:23 PM
Previous filing
Apr 3, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MSGE Common Stock Other -1K -100% 0 Apr 20, 2023 By Sphere Entertainment Co. and its subsidiaries F1
transaction MSGE Class A Common Stock Other +24.2K 24.2K Apr 20, 2023 Direct F2, F3, F4
transaction MSGE Class A Common Stock Other +44.3K 44.3K Apr 20, 2023 Direct F2, F3, F5
transaction MSGE Class A Common Stock Other +20.2K 20.2K Apr 20, 2023 Direct F2, F3, F6
transaction MSGE Class A Common Stock Other +24.2K 24.2K Apr 20, 2023 Direct F2, F3, F7
transaction MSGE Class A Common Stock Other +24.2K 24.2K Apr 20, 2023 Direct F2, F3, F8

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 Class B Common Stock Other +464K 464K Apr 20, 2023 Class A Common Stock 464K Direct F3, F4, F9, F10
transaction MSGE Class B Common Stock Other +916K 916K Apr 20, 2023 Class A Common Stock 916K Direct F3, F5, F9, F10
transaction MSGE Class B Common Stock Other +468K 468K Apr 20, 2023 Class A Common Stock 468K Direct F3, F6, F9, F10
transaction MSGE Class B Common Stock Other +464K 464K Apr 20, 2023 Class A Common Stock 464K Direct F3, F7, F9, F10
transaction MSGE Class B Common Stock Other +450K 450K Apr 20, 2023 Class A Common Stock 450K Direct F3, F8, F9, F10
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Relates to the spin-off of Madison Square Garden Entertainment Corp. (formerly MSGE Spinco, Inc., and referred to herein as "MSGE") from Sphere Entertainment Co. (formerly Madison Square Garden Entertainment Corp., and referred to herein as "SPHR"), which occurred on April 20, 2023. To effect the spin-off, the issued and outstanding common stock of MSGE was recapitalized into MSGE's Class A common stock ("Class A Common Stock") and Class B common stock ("Class B Common Stock") in a transaction exempt under Rule 16b-7, and following such transaction, SPHR distributed Class A Common Stock and Class B Common Stock to its stockholders (the "Distribution") in a transaction exempt under Rule 16a-9.
F2 Represents Class A Common Stock received in connection with the Distribution in a transaction exempt under Rule 16a-9.
F3 Reflects a transfer of shares previously owned directly by SPHR and its subsidiaries exempt under Rule 16a-13.
F4 These securities are owned solely by the Charles F. Dolan Children Trust FBO Deborah A. Dolan-Sweeney, which is a member of a "group" with the other Reporting Persons for purposes of Section 13(d) of the Securities Exchange Act of 1934, as amended (the "Exchange Act"). Each of the other Reporting Persons disclaim beneficial ownership of these securities and this report shall not be deemed to be an admission that the other Reporting Persons are the beneficial owners of such securities for purposes of Section 16 or for any other purpose.
F5 These securities are owned solely by the Charles F. Dolan Children Trust FBO James L. Dolan, which is a member of a "group" with the other Reporting Persons for purposes of Section 13(d) of the Securities Exchange Act of 1934, as amended (the "Exchange Act"). Each of the other Reporting Persons disclaim beneficial ownership of these securities and this report shall not be deemed to be an admission that the other Reporting Persons are the beneficial owners of such securities for purposes of Section 16 or for any other purpose.
F6 These securities are owned solely by the Charles F. Dolan Children Trust FBO Thomas C. Dolan, which is a member of a "group" with the other Reporting Persons for purposes of Section 13(d) of the Securities Exchange Act of 1934, as amended (the "Exchange Act"). Each of the other Reporting Persons disclaim beneficial ownership of these securities and this report shall not be deemed to be an admission that the other Reporting Persons are the beneficial owners of such securities for purposes of Section 16 or for any other purpose.
F7 These securities are owned solely by the Charles F. Dolan Children Trust FBO Kathleen M. Dolan, which is a member of a "group" with the other Reporting Persons for purposes of Section 13(d) of the Securities Exchange Act of 1934, as amended (the "Exchange Act"). Each of the other Reporting Persons disclaim beneficial ownership of these securities and this report shall not be deemed to be an admission that the other Reporting Persons are the beneficial owners of such securities for purposes of Section 16 or for any other purpose.
F8 These securities are owned solely by the Charles F. Dolan Children Trust FBO Marianne Dolan Weber, which is a member of a "group" with the other Reporting Persons for purposes of Section 13(d) of the Securities Exchange Act of 1934, as amended (the "Exchange Act"). Each of the other Reporting Persons disclaim beneficial ownership of these securities and this report shall not be deemed to be an admission that the other Reporting Persons are the beneficial owners of such securities for purposes of Section 16 or for any other purpose.
F9 Class B Common Stock is convertible at the option of the holder on a share for share basis into Class A Common Stock.
F10 Represents Class B Common Stock received in connection with the Distribution in a transaction exempt under Rule 16a-9.