David Byrnes - Dec 8, 2023 Form 3 Insider Report for Sphere Entertainment Co. (SPHR)

Role
EVP, CFO & Treasurer
Signature
/s/ Mark C. Cresitello, Attorney-in-Fact for David F. Byrnes
Stock symbol
SPHR
Transactions as of
Dec 8, 2023
Transactions value $
$0
Form type
3
Date filed
12/12/2023, 07:25 PM
Previous filing
Sep 19, 2023
Next filing
Feb 15, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding SPHR No Securities Owned 0 Dec 8, 2023 Direct

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
holding SPHR Restricted Stock Units Dec 8, 2023 Class A Common Stock 2.47K $0.00 Direct F1
holding SPHR Restricted Stock Units Dec 8, 2023 Class A Common Stock 9.33K $0.00 Direct 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") was granted on April 20, 2022 under the Sphere Entertainment Co. 2020 Employee Stock Plan, as amended (the "2020 Employee Stock Plan"), and represents a right to receive one share of Class A Common Stock or the cash equivalent thereof. The RSUs will vest and settle on September 15, 2024.
F2 Each RSU was granted on August 31, 2022 under the 2020 Employee Stock Plan, and represents a right to receive one share of Class A Common Stock or the cash equivalent thereof. The RSUs will vest and settle in two equal installments on September 15, 2024 and September 15, 2025.

Remarks:

David F. Byrnes became an officer of Sphere Entertainment Co. on December 8, 2023. Exhibit Index: Exhibit 24 - Power of Attorney