SEC Form 4/A · accession 0001209191-15-080033
Madison Square Garden Sports Corp. · MSGS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
This is an amendment (Form 4/A). It replaces an earlier filing for the same period.
Reporting owner
Vincent Tese
Director
Period of report
Oct 14, 2015
Accepted (ET)
Nov 13, 2015 · 4:20 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001636519
Table I — non-derivative securities
No Table I lines on this filing.
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,F1,F2,F4 | $30.83 | Oct 14, 2015 | J | 333 | A | — | May 18, 2016 | Class A Common Stock | 333 | 333 | D |
Explanation of responses
- F1The exercise price was determined by allocating the exercise price for the option under the MSG Networks Inc. (formerly, The Madison Square Garden Company, and referred to herein as "MSG Networks") 2010 Stock Plan for Non-Employee Directors between the existing MSG Networks option and The Madison Square Garden Company (formerly, MSG Spinco, Inc., and referred to herein as "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 (The remainder of footnote is below in footnote 2.)
- F2immediately following the distribution by MSG Networks of all of the outstanding common stock of MSG to its stockholders (the "Distribution") in a transaction exempt under Rules 16a-9 or 16b-6 and 16b-3. 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.
- F3Represents options to purchase Class A Common Stock received by the Reporting Person in connection with the Distribution, and granted pursuant to the MSG 2015 Stock Plan for Non-Employee Directors, in a transaction exempt under Rules 16a-9 or 16b-6 and 16b-3.
- F4The options are fully exercisable and vested as of the date of this filing.
Remarks
This filing is being made to revise the stock option exercise price to reflect corrected information provided to the Reporting Person subsequent to the original filing.