Form 4 for SPHR Sphere Entertainment Co.
Accepted 2023-09-19 00:00:00 ET · period of report 2023-09-15 · accession 0001209191-23-049939 · 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 | 2023-09-19 | 2023-09-15 | SPHR | Ranji Gautam | EVP, CFO, Treas | F - Tax | $37.47 | -901 | 867 | -51% | -$33.8K |
| DM | 2023-09-19 | 2023-09-15 | SPHR | Ranji Gautam | EVP, CFO, Treas | M - OptEx | $0.00 | +1,768 | 1,371 | New | $0 |
| DM | 2023-09-19 | 2023-09-15 | SPHR | Ranji Gautam | EVP, CFO, Treas | M - OptEx | $0.00 | -1,768 | 796 | -69% | $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 | 2023-09-15 | F | D | 901 | $37.47 | 867 | D | — | — | |
| 2 | Common | Class A Common Stock | 2023-09-15 | M | A | 397 | $0.00 | 1,768 | D | — | — | (F2) Each RSU was granted on May 30, 2023 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, 2023. One-third of the RSUs are scheduled to vest and settle on September 15, 2024. The remaining one-third of the RSUs are scheduled to vest and settle on September 15, 2025. |
| 3 | Common | Class A Common Stock | 2023-09-15 | M | A | 1,371 | $0.00 | 1,371 | D | — | — | (F1) Each restricted stock unit ("RSU") was granted on August 31, 2022 under the Sphere Entertainment Co. ("SPHR") 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. One-third of the RSUs vested and were settled on September 15, 2023. One-third of the RSUs are scheduled to vest and settle on September 15, 2024. The remaining one-third of the RSUs are scheduled to vest and settle on September 15, 2025. |
| 4 | Derivative | Restricted Stock Units | 2023-09-15 | M | D | 1,371 | $0.00 | 2,744 | D | — · — to 2025-09-15 | 1,371 Class A Common Stock | (F1) Each restricted stock unit ("RSU") was granted on August 31, 2022 under the Sphere Entertainment Co. ("SPHR") 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. One-third of the RSUs vested and were settled on September 15, 2023. One-third of the RSUs are scheduled to vest and settle on September 15, 2024. The remaining one-third of the RSUs are scheduled to vest and settle on September 15, 2025. |
| 5 | Derivative | Restricted Stock Units | 2023-09-15 | M | D | 397 | $0.00 | 796 | D | — · — to 2025-09-15 | 397 Class A Common Stock | (F2) Each RSU was granted on May 30, 2023 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, 2023. One-third of the RSUs are scheduled to vest and settle on September 15, 2024. The remaining one-third of the RSUs are scheduled to vest and settle on September 15, 2025. |