SEC Form 4 · accession 0001209191-15-053785
MSG NETWORKS INC. · MSGN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Period of report
Jun 12, 2015
Accepted (ET)
Jun 16, 2015 · 4:21 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001469372
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common StockF1 | Jun 12, 2015 | C | 1,500 | $10.78 | A | 6,598 | D | |
| Class A Common StockF2,F1 | Jun 12, 2015 | S | 870 | $85.59 | D | 5,728 | D | |
| Class A Common StockF3 | holding | — | — | — | 300 | I | By spouse |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Options (Right to Buy)F4 | $10.78 | Jun 12, 2015 | C | 1,500 | D | Feb 24, 2010 | Nov 8, 2015 | Class A Common Stock | 1,500 | 0 | D |
Explanation of responses
- F1Includes shares held jointly with spouse.
- F2This transaction was executed in multiple trades at prices ranging from $85.580 to $85.600 per share, inclusive. The price reported above reflects the weighted average sale price. Mr. Dolan hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
- F3Reporting Person disclaims beneficial ownership of all securities of The Madison Square Garden Company ("MSG") beneficially owned by his spouse and this filing shall not be deemed an admission that he is, for purposes of Section 16 or for any other purpose, the beneficial owner of such securities.
- F4The options were received in connection with the spin-off of MSG from Cablevision Systems Corporation and were exercisable on the date received.
Remarks
This report no longer includes shares previously reported as held in custodial accounts by the Reporting Person for the benefit of his children.