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 | +80.7K | $0.00 | 80.7K | Sep 1, 2023 | Class A Common Stock | 80.7K | Direct | F1, F2, F3 | ||
transaction | SPHR | Performance Restricted Stock Units | Award | $0 | +39.2K | $0.00 | 39.2K | Sep 1, 2023 | Class A Common Stock | 39.2K | Direct | F3, F4 |
Id | Content |
---|---|
F1 | Each restricted stock unit ("RSU") is granted under the Sphere Entertainment Co. 2020 Employee Stock Plan, as amended (the "2020 Employee Stock Plan"), 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. |
F3 | Securities held directly by James L. Dolan, Kristin A. Dolan's spouse. Ms. Dolan disclaims beneficial ownership of these securities beneficially owned or deemed to be beneficially owned by Mr. Dolan and this report shall not be deemed to be an admission that she is, for purposes of Section 16 or for any other purpose, the beneficial owner of such securities. |
F4 | Each performance restricted stock unit ("PSU") was granted on August 25, 2020 under the 2020 Employee Stock Plan and represents a right to receive one share of Class A Common Stock or the cash equivalent thereof. The performance conditions were satisfied on September 1, 2023. The PSUs are scheduled to vest and settle on September 15, 2023. |