Form 4 for SPHR Sphere Entertainment Co.
Accepted 2023-11-06 00:00:00 ET · period of report 2023-11-03 · accession 0001209191-23-054508 · 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 | 2023-11-06 | 2023-11-03 | SPHR | Ranji Gautam | EVP, CFO, Treas | M - OptEx | $0.00 | +656 | 1,523 | +76% | $0 |
| D | 2023-11-06 | 2023-11-03 | SPHR | Ranji Gautam | EVP, CFO, Treas | F - Tax | $33.88 | -656 | 867 | -43% | -$22.2K |
| DM | 2023-11-06 | 2023-11-03 | SPHR | Ranji Gautam | EVP, CFO, Treas | M - OptEx | $0.00 | -656 | 2,612 | -20% | $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 | 2023-11-03 | M | A | 38 | $0.00 | 1,037 | 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. The remaining two-thirds of the RSUs are scheduled to settle in two equal installments on September 15, 2024 and September 15, 2025. However, all of the RSUs ceased to be subject to a substantial risk of forfeiture on November 3, 2023. |
| 2 | Common | Class A Common Stock | 2023-11-03 | M | A | 132 | $0.00 | 999 | D | — | — | (F1) Each restricted stock unit ("RSU") was granted on August 31, 2022 under the Sphere Entertainment Co. 2020 Employee Stock Plan, as amended (the "2020 Employee Stock Plan") and represents a right to receive one share of Class A Common Stock of Sphere Entertainment Co. ("Class A Common Stock") or the cash equivalent thereof. One-third of the RSUs vested and were settled on September 15, 2023. The remaining two-thirds of the RSUs are scheduled to settle in two equal installments on September 15, 2024 and September 15, 2025. However, all of the RSUs ceased to be subject to a substantial risk of forfeiture on November 3, 2023. |
| 3 | Common | Class A Common Stock | 2023-11-03 | F | D | 656 | $33.88 | 867 | D | — | — | |
| 4 | Common | Class A Common Stock | 2023-11-03 | M | A | 486 | $0.00 | 1,523 | D | — | — | (F3) Each RSU was granted on September 1, 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. The RSUs are scheduled to settle in three equal installments on September 15, 2024, September 15, 2025 and September 15, 2026. However, all of the RSUs ceased to be subject to a substantial risk of forfeiture on November 3, 2023. |
| 5 | Derivative | Restricted Stock Units | 2023-11-03 | M | D | 486 | $0.00 | 9,601 | D | — · — to 2026-09-15 | 486 Class A Common Stock | (F3) Each RSU was granted on September 1, 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. The RSUs are scheduled to settle in three equal installments on September 15, 2024, September 15, 2025 and September 15, 2026. However, all of the RSUs ceased to be subject to a substantial risk of forfeiture on November 3, 2023. |
| 6 | Derivative | Restricted Stock Units | 2023-11-03 | M | D | 38 | $0.00 | 758 | D | — · — to 2025-09-15 | 38 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. The remaining two-thirds of the RSUs are scheduled to settle in two equal installments on September 15, 2024 and September 15, 2025. However, all of the RSUs ceased to be subject to a substantial risk of forfeiture on November 3, 2023. |
| 7 | Derivative | Restricted Stock Units | 2023-11-03 | M | D | 132 | $0.00 | 2,612 | D | — · — to 2025-09-15 | 132 Class A Common Stock | (F1) Each restricted stock unit ("RSU") was granted on August 31, 2022 under the Sphere Entertainment Co. 2020 Employee Stock Plan, as amended (the "2020 Employee Stock Plan") and represents a right to receive one share of Class A Common Stock of Sphere Entertainment Co. ("Class A Common Stock") or the cash equivalent thereof. One-third of the RSUs vested and were settled on September 15, 2023. The remaining two-thirds of the RSUs are scheduled to settle in two equal installments on September 15, 2024 and September 15, 2025. However, all of the RSUs ceased to be subject to a substantial risk of forfeiture on November 3, 2023. |