Form 4 for MSGE Madison Square Garden Entertainment Corp.
Accepted 2023-04-21 00:00:00 ET · period of report 2023-04-20 · accession 0001209191-23-025147 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| M | 2023-04-21 | 2023-04-20 | MSGE | WEBER MARIANNE DOLAN | Dir, Member of 13(d) Group | J - Other | — | +19.7K | 11.6K | New | — |
| I | 2023-04-21 | 2023-04-20 | MSGE | WEBER MARIANNE DOLAN | Dir, Member of 13(d) Group | J - Other | — | -1,000 | 0 | -100% | — |
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 | 2023-04-20 | J | A | 8,141 | — | 19,747 | D | — | — | (F4) Represents Class A Common Stock received by the Reporting Person in connection with the Distribution pursuant to vested SPHR restricted stock units, in a transaction exempt under Rules 16a-9 and 16b-3. The shares of Class A Common Stock were granted pursuant to the MSGE 2023 Stock Plan for Non-Employee Directors. (F3) Reflects a transfer of shares previously owned directly by SPHR and its subsidiaries exempt under Rule 16a-13. |
| 2 | Common | Common Stock | 2023-04-20 | J | D | 1,000 | — | 0 | I By Sphere Entertainment Co. and its subsidiaries | — | — | (F1) Relates to the spin-off of Madison Square Garden Entertainment Corp. (formerly MSGE Spinco, Inc., and referred to herein as "MSGE") from Sphere Entertainment Co. (formerly Madison Square Garden Entertainment Corp., and referred to herein as "SPHR"), which occurred on April 20, 2023. To effect the spin-off, the issued and outstanding common stock of MSGE was recapitalized into MSGE's Class A common stock ("Class A Common Stock") and Class B common stock ("Class B Common Stock") in a transaction exempt under Rule 16b-7, and following such transaction, SPHR distributed Class A Common Stock and Class B Common Stock to its stockholders (the "Distribution") in a transaction exempt under Rule 16a-9. |
| 3 | Common | Class A Common Stock | 2023-04-20 | J | A | 11,606 | — | 11,606 | D | — | — | (F2) Represents Class A Common Stock received by the Reporting Person in connection with the Distribution in a transaction exempt under Rules 16a-9 and 16b-3. (F3) Reflects a transfer of shares previously owned directly by SPHR and its subsidiaries exempt under Rule 16a-13. |