James L. Dolan - Mar 11, 2024 Form 4 Insider Report for Sphere Entertainment Co. (SPHR)

Role
Executive Chairman and CEO, Director, Member of 13(d) Group
Signature
/s/ James L. Dolan
Stock symbol
SPHR
Transactions as of
Mar 11, 2024
Transactions value $
$8,815,261
Form type
4
Date filed
3/13/2024, 05:58 PM
Previous filing
Mar 8, 2024
Next filing
Mar 29, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SPHR Class A Common Stock Options Exercise $8.82M +184K +29.22% $47.87 814K Mar 11, 2024 Direct F1, F2
holding SPHR Class A Common Stock 14.1K Mar 11, 2024 By Spouse F3
holding SPHR Class A Common Stock 746 Mar 11, 2024 By Minor Children F4

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 Employee Stock Options (Rights to Buy) Options Exercise $0 -184K -100% $0.00* 0 Mar 11, 2024 Class A Common Stock 184K $47.87 Direct F2, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes shares held jointly with spouse.
F2 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.
F3 Securities held directly by Kristin A. Dolan, James L. Dolan's spouse. Mr. Dolan disclaims beneficial ownership of these securities beneficially owned or deemed to be beneficially owned by Ms. Dolan (other than securities in which he has a direct pecuniary interest) and this report shall not be deemed to be an admission that he is, for purposes of Section 16 or for any other purpose, the beneficial owner ofsuch securities.
F4 Persons disclaim beneficial ownership of all securities of SPHR beneficially owned and deemed to be beneficially owned by their minor children and this report shall not be deemed an admission thatReporting Persons are, for the purposes of Section 16 or for any other purpose, the beneficial owner of such securities.
F5 The options were fully vested on the date of the exercise.