James L. Dolan - Mar 9, 2022 Form 4 Insider Report for Madison Square Garden Sports Corp. (MSGS)

Role
Executive Chairman, Director, Member of 13(d) Group
Signature
/s/ James L. Dolan
Stock symbol
MSGS
Transactions as of
Mar 9, 2022
Transactions value $
$0
Form type
4
Date filed
3/11/2022, 03:05 PM
Previous filing
Sep 17, 2021
Next filing
Apr 22, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MSGS Class A Common Stock Options Exercise +3.22K +42.31% 10.8K Mar 9, 2022 By Spouse F1, F2
holding MSGS Class A Common Stock 200K Mar 9, 2022 Direct F3
holding MSGS Class A Common Stock 491 Mar 9, 2022 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 MSGS Restricted Stock Unit Options Exercise $0 -3.22K -100% $0.00* 0 Mar 9, 2022 Class A Common Stock 3.22K By Spouse F1, F2, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit was granted to Kristin A. Dolan, James L. Dolan's spouse, under the Madison Square Garden Sports Corp. ("MSGS") 2015 Stock Plan for Non-Employee Directors and represented a right to receive one share of Class A Common Stock or the cash equivalent thereof. The restricted stocks units have been settled in shares.
F2 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 the purposes of Section 16 or for any other purpose, the beneficial owner of such securities.
F3 Includes shares held jointly with spouse.
F4 Mr. Dolan disclaims beneficial ownership of all securities of MSGS beneficially owned and deemed to be beneficially owned by his minor children and this filing shall not be deemed an admission that he is, for the purposes of Section 16 or for any other purpose, the beneficial owner of such securities.
F5 The restricted stock units were fully vested on the date of the grant and settled in stock on the first business day 90 days after service on the Board of Directors ceased.

Remarks:

Kristin A. Dolan ceased to be a reporting person on December 8, 2021 when she ceased to be a director of the Issuer.