Form 4 for SPHR Sphere Entertainment Co.
Accepted 2021-09-17 00:00:00 ET · period of report 2021-09-15 · accession 0001209191-21-056641 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2021-09-17 | 2021-09-15 | SPHR | Lustgarten Andrew | Pres | M - OptEx | $0.00 | +12.4K | 9,340 | New | $0 |
| DM | 2021-09-17 | 2021-09-15 | SPHR | Lustgarten Andrew | Pres | F - Tax | $80.51 | -7,109 | 11.0K | -39% | -$572.3K |
| DM | 2021-09-17 | 2021-09-15 | SPHR | Lustgarten Andrew | Pres | M - OptEx | $0.00 | -12.4K | 0 | -100% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Class A Common Stock | 2021-09-15 | M | A | 3,861 | $0.00 | 13,201 | D | — | — | (F4) Each RSU 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. One-third of the RSUs vested were settled on September 15, 2021. The remaining two-thirds of the RSUs are scheduled to vest and settle in two equal installments on September 15, 2022 and September 15, 2023. |
| 2 | Common | Class A Common Stock | 2021-09-15 | F | D | 4,306 | $80.51 | 8,895 | D | — | — | |
| 3 | Common | Class A Common Stock | 2021-09-15 | M | A | 4,885 | $0.00 | 13,780 | D | — | — | (F6) Each performance restricted stock unit ("PSU") was granted on April 17, 2020 under the 2020 Employee Stock Plan in respect of a PSU granted by MSGS on August 29, 2018 and represents a right to receive one share of Class A Common Stock or the cash equivalent thereof. The performance conditions were satisfied on August 27, 2021. The PSUs vested and were settled on September 15, 2021. |
| 4 | Common | Class A Common Stock | 2021-09-15 | F | D | 2,803 | $80.51 | 10,977 | D | — | — | |
| 5 | Common | Class A Common Stock | 2021-09-15 | M | A | 1,629 | $0.00 | 7,321 | D | — | — | (F1) Each restricted stock unit ("RSU") was granted on April 17, 2020 under the Madison Square Garden Entertainment Corp. ("MSGE") 2020 Employee Stock Plan (the "2020 Employee Stock Plan") in respect of an RSU granted by Madison Square Garden Sports Corp. ("MSGS") on August 29, 2018 and represents a right to receive one share of Class A Common Stock or the cash equivalent thereof. Half of the RSUs vested and were settled on September 15, 2020. The remaining half of the RSUs vested and were settled on September 15, 2021. |
| 6 | Common | Class A Common Stock | 2021-09-15 | M | A | 1,800 | $0.00 | 9,121 | D | — | — | (F2) Each RSU was granted on April 17, 2020 under the 2020 Employee Stock Plan in respect of an RSU granted by MSGS on August 29, 2019 and represents a right to receive one share of Class A Common Stock or the cash equivalent thereof. One-third of the RSUs vested and were settled on September 15, 2020. One-third of the RSUs vested were settled on September 15, 2021. The remaining one-third of the RSUs are scheduled to vest and settle on September 15, 2022. |
| 7 | Common | Class A Common Stock | 2021-09-15 | M | A | 219 | $0.00 | 9,340 | D | — | — | (F3) Each RSU was granted on May 21, 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. One-third of the RSUs vested and were settled on September 15, 2020. One-third of the RSUs vested were settled on September 15, 2021. The remaining one-third of the RSUs are scheduled to vest and settle on September 15, 2022. |
| 8 | Derivative | Performance Restricted Stock Units | 2021-09-15 | M | D | 4,885 | $0.00 | 0 | D | — · — to 2021-09-15 | 4,885 Class A Common Stock | (F6) Each performance restricted stock unit ("PSU") was granted on April 17, 2020 under the 2020 Employee Stock Plan in respect of a PSU granted by MSGS on August 29, 2018 and represents a right to receive one share of Class A Common Stock or the cash equivalent thereof. The performance conditions were satisfied on August 27, 2021. The PSUs vested and were settled on September 15, 2021. |
| 9 | Derivative | Restricted Stock Units | 2021-09-15 | M | D | 3,861 | $0.00 | 7,722 | D | — · — to 2023-09-15 | 3,861 Class A Common Stock | (F4) Each RSU 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. One-third of the RSUs vested were settled on September 15, 2021. The remaining two-thirds of the RSUs are scheduled to vest and settle in two equal installments on September 15, 2022 and September 15, 2023. |
| 10 | Derivative | Restricted Stock Units | 2021-09-15 | M | D | 219 | $0.00 | 219 | D | — · — to 2022-09-15 | 219 Class A Common Stock | (F3) Each RSU was granted on May 21, 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. One-third of the RSUs vested and were settled on September 15, 2020. One-third of the RSUs vested were settled on September 15, 2021. The remaining one-third of the RSUs are scheduled to vest and settle on September 15, 2022. |
| 11 | Derivative | Restricted Stock Units | 2021-09-15 | M | D | 1,800 | $0.00 | 1,800 | D | — · — to 2022-09-15 | 1,800 Class A Common Stock | (F2) Each RSU was granted on April 17, 2020 under the 2020 Employee Stock Plan in respect of an RSU granted by MSGS on August 29, 2019 and represents a right to receive one share of Class A Common Stock or the cash equivalent thereof. One-third of the RSUs vested and were settled on September 15, 2020. One-third of the RSUs vested were settled on September 15, 2021. The remaining one-third of the RSUs are scheduled to vest and settle on September 15, 2022. |
| 12 | Derivative | Restricted Stock Units | 2021-09-15 | M | D | 1,629 | $0.00 | 0 | D | — · — to 2021-09-15 | 1,629 Class A Common Stock | (F1) Each restricted stock unit ("RSU") was granted on April 17, 2020 under the Madison Square Garden Entertainment Corp. ("MSGE") 2020 Employee Stock Plan (the "2020 Employee Stock Plan") in respect of an RSU granted by Madison Square Garden Sports Corp. ("MSGS") on August 29, 2018 and represents a right to receive one share of Class A Common Stock or the cash equivalent thereof. Half of the RSUs vested and were settled on September 15, 2020. The remaining half of the RSUs vested and were settled on September 15, 2021. |