Form 4 for SPHR Sphere Entertainment Co.

Accepted 2021-09-17 00:00:00 ET · period of report 2021-09-15 · accession 0001209191-21-056644 · 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
D	2021-09-17	2021-09-15	SPHR	Packman Scott S	EVP, GC	M - OptEx	$0.00	+2,895	2,895	New	$0
D	2021-09-17	2021-09-15	SPHR	Packman Scott S	EVP, GC	F - Tax	$80.51	-1,288	1,607	-44%	-$103.7K
D	2021-09-17	2021-09-15	SPHR	Packman Scott S	EVP, GC	M - OptEx	$0.00	-2,895	5,792	-33%	$0

Purchase Sale Sale after option exercise All abbreviations

#	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	2,895	$0.00	2,895	D	—	—	(F1) Each restricted stock unit ("RSU") was granted on August 25, 2020 under the Madison Square Garden Entertainment Corp. ("MSGE") 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, 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	1,288	$80.51	1,607	D	—	—
3	Derivative	Restricted Stock Units	2021-09-15	M	D	2,895	$0.00	5,792	D	— · — to 2023-09-15	2,895 Class A Common Stock	(F1) Each restricted stock unit ("RSU") was granted on August 25, 2020 under the Madison Square Garden Entertainment Corp. ("MSGE") 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, 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.