SEC Form 4 · accession 0001209191-16-141026

Madison Square Garden Sports Corp. · MSGS

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

Reporting owners

James Lawrence Dolan

Officer — Executive Chairman · Director · Other

Kristin A Dolan

Director

Period of report

Sep 9, 2016

Accepted (ET)

Sep 13, 2016 · 7:40 am 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,F3	Sep 9, 2016	M	1,219	$0.00	A	122,773	D
Class A Common Stock^F2,F3	Sep 9, 2016	F	450	$175.06	D	122,323	D
Class A Common Stock^F2,F3	Sep 12, 2016	P	4,921	$182.96	A	127,244	D
Class A Common Stock^F5	holding	—	—		—	7,604	I	By Spouse
Class A Common Stock^F5	holding	—	—		—	129	I	401(k)
Class A Common Stock^F6	holding	—	—		—	1,051	I	By Members of Household
Class A Common Stock^F7	holding	—	—		—	491	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^F3,F1	—	Sep 9, 2016	M	1,219	D	—	Sep 11, 2018	Class A Common Stock	1,219	2,438	D
Class B Common Stock^F3,F8	—	Sep 12, 2016	P	8,993	A	—	—	Class A Common Stock	8,993	14,045	D

Explanation of responses

F1Each restricted stock unit ("RSU") was granted on September 11, 2015 under The Madison Square Garden Company ("MSG") 2015 Employee Stock Plan, and represents a right to receive one share of Class A Common Stock or the cash equivalent thereof. One-third of the RSUs vested and were settled on September 9, 2016. The remaining two-thirds of the RSUs vest on September 11, 2017 and September 11, 2018.
F2Includes shares held jointly with spouse.
F3Securities held directly by James L. Dolan, Kristin A. Dolan's spouse, or jointly by James L. Dolan and Kristin A. Dolan. Ms. Dolan disclaims beneficial ownership of these securities beneficially owned or deemed to be beneficially owned by Mr. Dolan (other than securities held jointly with her spouse) 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.
F4Represents RSUs of MSG withheld to satisfy tax withholding obligations in connection with the settlement of RSUs described in footnote 1 above, exempt under Rule 16b-3.
F5Securities held directly (or through 401(k) plan) 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 precuniary 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.
F6Reporting Persons disclaim beneficial ownership of all securities of The Madison Square Garden Company beneficially owned and deemed to be beneficially owned by members of their household and this filing shall not be deemed an admission that Reporting Persons are, for the purposes of Section 16 or for any other purpose, the beneficial owner of such securities.
F7Reporting Persons disclaim beneficial ownership of all securities of The Madison Square Garden Company beneficially owned and deemed to be beneficially owned by their minor children and this filing shall not be deemed an admission that Reporting Persons are, for the purposes of Section 16 or for any other purpose, the beneficial owner of such securities.
F8The Madison Square Garden Company Class B Common Stock (the "Class B Common Stock") is convertible at the option of the holder on a share for share basis into The Madison Square Garden Company Class A Common Stock (the "Class A Common Stock").