SEC Form 4 · accession 0001209191-15-080063
MSG NETWORKS INC. · MSGN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Marianne Dolan Weber
Other
Period of report
Nov 12, 2015
Accepted (ET)
Nov 13, 2015 · 4:46 pm EST
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 Stock | Nov 12, 2015 | X | 1,000 | $3.55 | A | 25,191 | D | |
| Class A Common Stock | Nov 12, 2015 | S | 1,000 | $20.9401 | D | 24,191 | D | |
| Class A Common StockF1 | Nov 12, 2015 | S | 15,000 | $20.8318 | D | 9,191 | D | |
| Class A Common StockF2 | holding | — | — | — | 625 | I | By spouse | |
| Class A Common StockF2 | holding | — | — | — | 925 | I | By member of the household |
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)F3 | $3.55 | Nov 12, 2015 | X | 1,000 | D | Feb 24, 2010 | May 18, 2016 | Class A Common Stock | 1,000 | 0 | D |
Explanation of responses
- F1This transaction was executed in multiple trades at prices ranging from $20.730 to $21.000 per share, inclusive. The price reported above reflects the weighted average sale price. The Reporting Person 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.
- F2Reporting Person disclaims beneficial ownership of these securities 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.
- F3The stock options were previously reported at an exercise price of $13.82, but have been adjusted to reflect the distribution by MSG Networks Inc. (formerly, The Madison Square Garden Company) of all of the outstanding common stock of The Madison Square Garden Company (formerly, MSG Spinco, Inc.) to its stockholders.