Kathleen Margaret Dolan - 09 Jul 2021 Form 4 Insider Report for MSG NETWORKS INC.

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
13 Jul 2021, 16:53:05 UTC
Next SEC filing
03 Apr 2023
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Richard Baccari, Attorney-in-Fact for Kathleen M. Dolan

Key filing fact

Kathleen Margaret Dolan filed Form 4 for MSG NETWORKS INC. on 13 Jul 2021.

Key facts

  • This page summarizes Kathleen Margaret Dolan's Form 4 filing for MSG NETWORKS INC..
  • 4 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 13 Jul 2021, 16:53.

Change

  • No earlier filing in this sequence is available for direct comparison.
  • Current net transaction value: $0.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

MSGN transaction

Class A Common Stock

Other

Transaction value
Shares
-4,705
Change %
-100%
Price
Shares after
0
Date
09 Jul 2021
Ownership
Direct
Footnotes
F1
MSGN transaction

Class A Common Stock

Other

Transaction value
Shares
-1,850
Change %
-100%
Price
Shares after
0
Date
09 Jul 2021
Ownership
By Children
Footnotes
F1, F2
MSGN transaction

Class A Common Stock

Other

Transaction value
Shares
-271,228
Change %
-100%
Price
Shares after
0
Date
09 Jul 2021
Ownership
By Trusts
Footnotes
F1, F3

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

MSGN transaction Derivative

Class B Common Stock

Other

Transaction value
Shares
-5,468,695
Change %
-100%
Price
Shares after
0
Date
09 Jul 2021
Ownership
By Trusts
Underlying class
Class A Common Stock
Underlying amount
5,468,695
Exercise price
Footnotes
F1, F3, F4
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

Kathleen Margaret Dolan is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 4 footnotes

Footnote F1

Represents shares of Class A Common Stock and Class B Common Stock, as applicable, of MSG Networks Inc. ("MSGN") disposed of as a result of the conversion of MSGN Class A Common Stock and MSGN Class B Common Stock to Class A Common Stock and Class B Common Stock, as applicable, of Madison Square Garden Entertainment Corp. ("MSGE") pursuant to the closing of the merger contemplated by the Agreement and Plan of Merger, dated as of March 25, 2021, by and among MSGE, Broadway Sub Inc. and MSGN (the "Merger"), calculated based on (x) the number of shares of MSGN Class A Common Stock or MSGN Class B Common Stock, respectively, multiplied by (y) 0.172, and rounded up to the next whole share. On July 8, 2021 (the day prior to the Merger), the closing price of one share of MSGE Class A Common Stock was $82.28.

Footnote F2

The Reporting Person disclaims beneficial ownership of all shares of MSGN beneficially owned or deemed to be beneficially owned by the Reporting Person as custodian for her children and this filing shall not be deemed an admission that she is, for purposes of Section 16 or for any other purpose, the beneficial owner of such securities.

Footnote F3

Reflects securities held by trusts for which the Reporting Person serves as co-trustee. The Reporting Person disclaims beneficial ownership of all shares of MSGN beneficially owned or deemed to be beneficially owned by the trusts 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.

Footnote F4

The MSGN Class B Common Stock was convertible at the option of the holder on a share for share basis into MSGN Class A Common Stock.

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