AI assistant
Sphere Entertainment Co. — Director's Dealing 2024
Mar 29, 2024
31842_dirs_2024-03-29_d10a3ea5-9956-400b-8bb7-96ffed59f423.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Sphere Entertainment Co. (SPHR)
CIK: 0001795250
Period of Report: 2024-03-27
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 |
|---|---|---|---|---|---|---|---|---|
| 2024-03-27 | Performance Restricted Stock Units | $ | A | 84736 | Acquired | Class A Common Stock (84736) | Direct | |
| 2024-03-27 | Performance Restricted Stock Units | $ | A | 98750 | Acquired | Class A Common Stock (98750) | Direct | |
| 2024-03-27 | Performance Restricted Stock Units | $ | A | 80689 | Acquired | Class A Common Stock (80689) | Direct |
Footnotes
F1: Each performance restricted stock unit ("PSU") represents a right to receive one share of Sphere Entertainment Co. (the "Issuer") Class A Common Stock or the cash equivalent thereof.
F2: Represents PSUs granted on August 27, 2021 and April 20, 2022 that are no longer subject to performance-based vesting requirements as a result of the decision by the Compensation Committee of the Board of Directors of the Issuer to deem such PSUs earned at 100% of target.
F3: The PSUs are scheduled to vest and settle on September 15, 2024.
F4: 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.
F5: Represents PSUs granted on August 31, 2022 that are no longer subject to performance-based vesting requirements as a result of the decision by the Compensation Committee of the Board of Directors of the Issuer to deem such PSUs earned at 100% of target.
F6: The PSUs are scheduled to vest and settle on September 15, 2025.
F7: Represents PSUs granted on September 1, 2023 that are no longer subject to performance-based vesting requirements as a result of the decision by the Compensation Committee of the Board of Directors of the Issuer to deem such PSUs earned at 100% of target.
F8: The PSUs are scheduled to vest and settle on September 15, 2026.