Ryan Thomas Dolan - 01 Sep 2023 Form 4 Insider Report for Sphere Entertainment Co. (SPHR)

Role
Director
Signature
/s/ Mark C. Cresitello, Attorney-in-Fact for Ryan T. Dolan
Issuer symbol
SPHR
Transactions as of
01 Sep 2023
Net transactions value
$0
Form type
4
Filing time
06 Sep 2023, 16:05:34 UTC
Previous filing
02 Jun 2023
Next filing
19 Sep 2023
SEC
View on sec.gov

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 +807 $0.000000 807 01 Sep 2023 Class A Common Stock 807 Direct F1, F2
transaction SPHR Performance Restricted Stock Units Award $0 +437 $0.000000 437 01 Sep 2023 Class A Common Stock 437 Direct F3
* 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 (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 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.