SEC Form 4 · accession 0001209191-15-075803

Madison Square Garden Sports Corp. · MSGS

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

Reporting owner

Marianne Dolan Weber

Other

Period of report

Oct 14, 2015

Accepted (ET)

Oct 16, 2015 · 5:21 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^F1,F2	Sep 30, 2015	J	8,063	—	A	8,063	D
Class A Common Stock^F1,F2,F3	Sep 30, 2015	J	208	—	A	208	I	By spouse
Class A Common Stock^F1,F2,F3	Sep 30, 2015	J	308	—	A	308	I	By member of houshold

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)^F5,F4	$31.77	Oct 14, 2015	J	333	A	—	May 18, 2016	Class A Common Stock	333	333	D

Explanation of responses

F1Represents 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 a transaction exempt under Rule 16a-9.
F2Reflects transfer of shares previously owned directly by MSG Networks and its subsidiaries exempt under Rule 16a-13.
F3Reporting 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.
F4The exercise price was determined by allocating the exercise price for the option under the MSG Networks 2010 Stock Plan for Non-Employee Directors between the existing MSG Networks option and the MSG option based upon the volume weighted average prices of the MSG Networks Class A Common Stock and the MSG Class A Common Stock over the ten trading days immediately following the Distribution. The underlying share amount takes into account the Distribution ratio of one share of MSG common stock to every three shares of MSG Networks common stock.
F5Represents options to purchase Class A Common Stock received by the Reporting Person in connection with the Distribution, and granted pursuant to the MSG 2015 Non-Employee Directors Stock Plan, in a transaction exempt under Rules 16a-9 or 16b-6. The options are fully exercisable and vested as of the date of this filing.