Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | MSGE | Options (Right to Buy) | Other | $0 | +184K | $0.00 | 184K | May 4, 2023 | Class A Common Stock | 184K | $55.69 | Direct | F1, F2, F3, F4 | |
transaction | MSGE | Options (Right to Buy) | Other | $0 | +146K | $0.00 | 146K | May 4, 2023 | Class A Common Stock | 146K | $67.54 | Direct | F1, F2, F3, F4 | |
transaction | MSGE | Options (Right to Buy) | Other | $0 | +109K | $0.00 | 109K | May 4, 2023 | Class A Common Stock | 109K | $78.32 | Direct | F1, F2, F3, F4 | |
transaction | MSGE | Options (Right to Buy) | Other | $0 | +191K | $0.00 | 191K | May 4, 2023 | Class A Common Stock | 191K | $44.78 | Direct | F1, F2, F3, F4 |
Id | Content |
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F1 | In connection with the Distribution (as defined below), all outstanding options (each, a "SPHR option") held by the Reporting Person to purchase shares of Class A Common Stock of Sphere Entertainment Co. (formerly Madison Square Garden Entertainment Corp. and referred to herein as "SPHR") were adjusted pursuant to the anti-dilution provisions of the SPHR 2020 Employee Stock Plan, as amended, such that the Reporting Person received one option to purchase shares of Class A Common Stock of Madison Square Garden Entertainment Corp. (formerly MSGE Spinco, Inc. and referred to herein as "MSGE") for each SPHR option held at the time of the Distribution. |
F2 | The exercise price was determined by allocating the exercise price for the SPHR option under the SPHR 2020 Employee Stock Plan, as amended, between the outstanding SPHR option and the newly granted MSGE option based upon the volume weighted average prices of the SPHR Class A Common Stock and the MSGE Class A Common Stock over the ten trading days immediately following the distribution by SPHR of outstanding common stock of MSGE to its stockholders (the "Distribution") in a transaction exempt under Rules 16a-9 and 16b-3. Such adjustments were designed to preserve the value associated with the SPHR option prior to the Distribution. |
F3 | Represents options to purchase Class A Common Stock received by the Reporting Person in connection with the Distribution and granted pursuant to the MSGE 2023 Employee Stock Plan in a transaction exempt under Rules 16a-9 and 16b-3. |
F4 | Pursuant to the terms of the Reporting Person's SPHR options award, the entire award had vested and was fully exercisable as of the date of this filing. |