SEC Form 4 · accession 0001209191-16-141019
MSG NETWORKS INC. · MSGN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Period of report
Sep 12, 2016
Accepted (ET)
Sep 13, 2016 · 7:31 am 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 StockF2 | Sep 12, 2016 | S | 47,864 | $16.80 | D | 271,228 | I | By Trusts |
| Class A Common StockF2 | Sep 12, 2016 | P | 47,864 | $16.80 | A | 271,228 | I | By Trusts |
| Class A Common Stock | holding | — | — | — | 4,705 | D | ||
| Class A Common StockF3 | holding | — | — | — | 1,850 | I | By Children |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Class B Common StockF2,F4 | — | Sep 12, 2016 | S | 886,015 | D | — | — | Class A Common Stock | 886,015 | 5,468,695 | I |
| Class B Common StockF2,F4 | — | Sep 12, 2016 | P | 886,015 | A | — | — | Class A Common Stock | 886,015 | 5,468,695 | I |
Explanation of responses
- F1On September 12, 2016, the Charles F. Dolan Children Trust FBO Patrick F. Dolan, sold, and the Charles F. Dolan Children Trust FBO James L. Dolan purchased, the number of shares of the Issuer's Class A Common Stock at a purchase price of $16.80 per share.
- F2Reflects securities held by trusts for which the Reporting Person serves as co-trustee. The Reporting Person disclaims beneficial ownership of all shares of MSG Networks Inc. beneficially owned or deemed to be beneficially owned by the trusts and this report shall not be deemed to be an admission that she is, for purposes of Section 16 or for any other purpose, the beneficial owner of such securities.
- F3The Reporting Person disclaims beneficial ownership of all shares of MSG beneficially owned or deemed to be beneficially owned by the Reporting Person as custodian for her children and this filing shall not be deemed an admission that she is, for purposes of Section 16 or for any other purpose, the beneficial owner of such securities.
- F4MSG Networks Inc. Class B Common Stock (the "Class B Common Stock") is convertible at the option of the holder on a share for share basis into MSG Networks Inc. Class A Common Stock (the "Class A Common Stock").
- F5On September 12, 2016, the Charles F. Dolan Children Trust FBO Patrick F. Dolan sold, and the Charles F. Dolan Children Trust FBO James L. Dolan purchased, the number of shares of the Issuer's Class B Common Stock at a purchase price of $16.80 per share.