SEC Form 4 · accession 0000899243-15-005982
Madison Square Garden Sports Corp. · MSGS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Joseph F Yospe
Officer — SVP, Controller and PAO
Period of report
Sep 30, 2015
Accepted (ET)
Oct 2, 2015 · 5:27 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001636519
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common Stock, par value $0.01F1 | Sep 30, 2015 | J | 6,823 | $0.00 | A | 6,823 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF2 | — | Sep 30, 2015 | J | 1,193 | A | Sep 17, 2016 | Sep 17, 2016 | Class A Common Stock | 1,193 | 1,193 | D |
| Restricted Stock UnitsF2 | — | Sep 30, 2015 | J | 1,033 | A | Sep 24, 2017 | Sep 24, 2017 | Class A Common Stock | 1,033 | 1,033 | D |
Explanation of responses
- F1Represents shares of MSG Class A Common Stock received in connection with the distribution by MSG Networks Inc. (formerly, The Madison Square Garden Company, and referred to herein as "MSG Networks") of all of the outstanding common stock of The Madison Square Garden Company (formerly, MSG Spinco, Inc. and referred to herein as "MSG") to its stockholders (the "Distribution") in an exempt transaction under Rule 16a-9.
- F2Reflects acquisition of restricted stock units in connection with the Distribution in a transaction exempt under Rule 16a-9, 16b-3 and 16b-6. The Reporting Person received one MSG restricted stock unit in respect of every three MSG Networks restricted stock units. Each restricted stock unit is granted under the 2015 Employee Stock Plan and represents a right to receive one share of Class A Common Stock or the cash equivalent thereof.