Zeppetella Courtney M 4
4 · Madison Square Garden Entertainment Corp. · Filed Apr 21, 2023
Insider Transaction Report
Form 4
Zeppetella Courtney M
SVP, Controller & CAO
Transactions
- Other
Restricted Stock Units
2023-04-20+4,115→ 4,115 totalExp: 2025-09-15→ Class A Common Stock (4,115 underlying)
Holdings
- 0
No Securities Owned
Footnotes (2)
- [F1]Represents restricted stock units ("RSUs") received by the Reporting Person in connection with the distribution by Sphere Entertainment Co. (formerly Madison Square Garden Entertainment Corp. and referred to herein as "SPHR") of outstanding common stock of Madison Square Garden Entertainment Corp. (formerly MSGE Spinco, Inc. and referred to herein as "MSGE") to SPHR's stockholders in a transaction exempt under Rules 16a-9, 16b-3 and 16b-6. The Reporting Person received one MSGE RSU in respect of every one SPHR RSU. Each RSU is granted under the MSGE 2023 Employee Stock Plan and represents a right to receive one share of MSGE Class A Common Stock or the cash equivalent.
- [F2]Pursuant to the terms of the Reporting Person's SPHR RSU award dated August 31, 2022, 4,115 RSUs will vest and settle in three equal installments on September 15, 2023, September 15, 2024 and September 15, 2025.