Gautam Ranji - May 30, 2023 Form 4 Insider Report for Sphere Entertainment Co. (SPHR)

Role
EVP, CFO & Treasurer
Signature
/s/ Mark C. Cresitello, Attorney-in-Fact for Gautam Ranji
Stock symbol
SPHR
Transactions as of
May 30, 2023
Transactions value $
$0
Form type
4
Date filed
6/1/2023, 04:05 PM
Previous filing
Apr 21, 2023
Next filing
Sep 6, 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 SPHR Restricted Stock Units Award $0 +1.19K $0.00 1.19K May 30, 2023 Class A Common Stock 1.19K 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 ("RSU") is granted under the Sphere Entertainment Co. 2020 Employee Stock Plan, as amended, and represents a right to receive one share of Class A Common Stock or the cash equivalent thereof.
F2 The RSUs are scheduled to vest and settle in three equal installments on September 15, 2023, September 15, 2024 and September 15, 2025.