Jennifer Koester - Feb 5, 2024 Form 4 Insider Report for Sphere Entertainment Co. (SPHR)

Role
President-Sphere Business Ops.
Signature
/s/ Mark C. Cresitello, Attorney-in-Fact for Jennifer Koester
Stock symbol
SPHR
Transactions as of
Feb 5, 2024
Transactions value $
$0
Form type
4
Date filed
2/7/2024, 04:10 PM
Next filing
Apr 24, 2024

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction SPHR Options (Right to Buy) Award $0 +158K $0.00 158K Feb 5, 2024 Class A Common Stock 158K $42.23 Direct F1, F2
transaction SPHR Options (Right to Buy) Award $0 +158K $0.00 158K Feb 5, 2024 Class A Common Stock 158K $45.60 Direct F1, F2
transaction SPHR Options (Right to Buy) Award $0 +158K $0.00 158K Feb 5, 2024 Class A Common Stock 158K $50.67 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The stock options were granted on February 5, 2024 under the Sphere Entertainment Co. 2020 Employee Stock Plan, as amended, and represent the option to purchase Class A Common Stock.
F2 The stock options will cliff vest on October 20, 2026 if Jennifer Koester has remained employed by, or provided services to, the Company or any of its subsidiaries through such date (subject to certain limited exceptions).