David Granville-Smith - Sep 1, 2023 Form 4 Insider Report for Sphere Entertainment Co. (SPHR)

Role
Executive Vice President
Signature
/s/ Mark C. Cresitello, Attorney-in-Fact for David Granville-Smith
Stock symbol
SPHR
Transactions as of
Sep 1, 2023
Transactions value $
$0
Form type
4
Date filed
9/6/2023, 05:05 PM
Previous filing
Aug 30, 2023
Next filing
Mar 29, 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 Restricted Stock Units Award $0 +26.9K $0.00 26.9K Sep 1, 2023 Class A Common Stock 26.9K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit ("RSU") is granted under the Sphere Entertainment Co. 2020 Employee Stock Plan, as amended, and represents a right to receive one share of Class A Common Stock or the cash equivalent thereof.
F2 The RSUs are scheduled to vest and settle in three equal installments on September 15, 2024, September 15, 2025 and September 15,2026.