David Granville-Smith - Jun 15, 2023 Form 4 Insider Report for Sphere Entertainment Co. (SPHR)

Role
Executive Vice President
Signature
/s/ Mark C. Cresitello, Attorney-in-Fact for David Granville-Smith
Stock symbol
SPHR
Transactions as of
Jun 15, 2023
Transactions value $
$0
Form type
4
Date filed
6/20/2023, 04:55 PM
Next filing
Aug 30, 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 +140K $0.00 140K Jun 15, 2023 Class A Common Stock 140K 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, 2024, September 15, 2025 and September 15, 2026.