Sphere Entertainment Co. — Director's Dealing 2024

Jul 4, 2024

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Sphere Entertainment Co. (SPHR)
CIK: 0001795250
Period of Report: 2024-07-01

Reporting Person: DOLAN JAMES LAWRENCE (N/A)
Reporting Person: Dolan Kristin A (N/A)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2024-07-01	Stock Options (Rights to Buy)	$34.62	A	1800000	Acquired	2034-07-01	Class A Common Stock (1800000)	Direct

Footnotes

F1: The stock options were granted on July 1, 2024 under the Sphere Entertainment Co. 2020 Employee Stock Plan, as amended, and represents the option to purchase Class A Common Stock.

F2: If James L. Dolan has remained employed by, or provided services to, the Issuer or any of its subsidiaries through June 30, 2027 (subject to certain limited exceptions), then 25% of the stock options will vest during a performance period ended July 1, 2029 upon achievement of each of the following stock price hurdles (based on a rolling 30 consecutive trading day average closing price of the Issuer's Class A Common Stock): $75.00, $100.00, $125.00 and $150.00.

F3: Securities held directly by James L. Dolan, Kristin A. Dolan's spouse. Ms. Dolan disclaims beneficial ownership of these securities beneficially owned or deemed to be beneficially owned by Mr. Dolan (other than securities in which she has a direct pecuniary interest) and this report shall not be deemed to be an admission that she is, for the purposes of Section 16 or for any other purpose, the beneficial owner of such securities.