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Sphere Entertainment Co. — Director's Dealing 2024
Aug 29, 2024
31842_dirs_2024-08-29_570c820d-d349-43c2-bcdc-516eff05bc7f.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Sphere Entertainment Co. (SPHR)
CIK: 0001795250
Period of Report: 2024-08-27
Reporting Person: GREENBERG ANDREA (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-08-27 | Class A Common Stock | M | 687 | $0.00 | Acquired | 77336.979 | Direct |
| 2024-08-27 | Class A Common Stock | F | 687 | $49.04 | Disposed | 76649.979 | Direct |
| 2024-08-27 | Class A Common Stock | M | 687 | $0.00 | Acquired | 77336.979 | Direct |
| 2024-08-27 | Class A Common Stock | F | 687 | $49.04 | Disposed | 76649.979 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-08-27 | Restricted Stock Units | $ | A | 14318 | Acquired | 2027-09-15 | Class A Common Stock (14318) | Direct |
| 2024-08-27 | Restricted Stock Units | $ | M | 687 | Disposed | 2027-09-15 | Class A Common Stock (687) | Direct |
| 2024-08-27 | Restricted Stock Units | $ | A | 14318 | Acquired | 2027-09-15 | Class A Common Stock (14318) | Direct |
| 2024-08-27 | Restricted Stock Units | $ | M | 687 | Disposed | 2027-09-15 | Class A Common Stock (687) | Direct |
Footnotes
F1: Represents restricted stock units ("RSUs") of Sphere Entertainment Co. ("SPHR") withheld to satisfy FICA tax withholding obligations arising in connection with the RSUs described in footnote 2 as a result of certain vesting rights contained in the Reporting Person's employment agreement, exempt under Rule 16b-3.
F2: Each RSU is granted under the Sphere Entertainment Co. 2020 Employee Stock Plan, as amended, and represents a right to receive one share of Class A Common Stock or the cash equivalent thereof.
F3: The RSUs are scheduled to vest and settle in three equal installments on September 15, 2025, September 15, 2026 and September 15, 2027.
F4: The RSUs are scheduled to vest and settle on September 15, 2027.