SEC Form 4 · accession 0001209191-17-054033

MSG NETWORKS INC. · MSGN

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

James Lawrence Dolan

Officer — Executive Chairman · Director · Other

Period of report

Sep 22, 2017

Accepted (ET)

Sep 26, 2017 · 5:35 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 Stock^F1,F2	Sep 22, 2017	M	13,230	$0.00	A	339,555	D
Class A Common Stock^F2	Sep 22, 2017	F	6,822	$20.80	D	332,733	D
Class A Common Stock^F4	holding	—	—		—	23,201	I	By Spouse
Class A Common Stock^F5	holding	—	—		—	3,157	I	By Members of Household
Class A Common Stock^F6	holding	—	—		—	1,475	I	By Minor Children

Table II — derivative securities

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Restricted Stock Units^F7	—	Sep 22, 2017	M	13,230	D	Sep 22, 2017	Sep 22, 2017	Class A Common Stock	13,230	0	D

Explanation of responses

F1Each restricted stock unit ("RSU") was granted on September 24, 2014 under the MSG Networks Inc. ("Networks") 2010 Employee Stock Plan, as amended. The RSUs vested on September 22, 2017.
F2Includes shares held jointly with spouse.
F3Represents RSUs of Networks withheld to satisfy tax withholding obligations in connection with the vesting of RSUs described in footnote 1 above, exempt under Rule 16b-3.
F4Securities held directly by Kristin A. Dolan, James L. Dolan's spouse. Mr. Dolan disclaims beneficial ownership of these securities beneficially owned or deemed to be beneficially owned by Ms. Dolan (other than securities in which he has a direct pecuniary interest) and this report shall not be deemed to be an admission that Mr. Dolan is, for the purposes of Section 16 or for any other purpose, the beneficial owner of such securities.
F5Reporting Person disclaim beneficial ownership of all securities of Networks beneficially owned and deemed to be beneficially owned by members of his household and this filing shall not be deemed an admission that Reporting Person is, for the purposes of Section 16 or for any other purpose, the beneficial owner of such securities.
F6Reporting Person disclaim beneficial ownership of all securities of Networks beneficially owned and deemed to be beneficially owned by his minor children and this filing shall not be deemed an admission that the Reporting Person is, for the purposes of Section 16 or for any other purpose, the beneficial owner of such securities.
F7Each RSU is granted under the Networks 2010 Employee Stock Plan, as amended, and represents a right to receive one share of Class A Common Stock or the cash equivalent thereof.