SEC Form 4 · accession 0001209191-16-142158
Madison Square Garden Sports Corp. · MSGS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Lawrence J. Burian
Officer — EVP, GC & Secretary
Period of report
Sep 16, 2016
Accepted (ET)
Sep 20, 2016 · 4:25 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 StockF1 | Sep 16, 2016 | M | 2,473 | $0.00 | A | 15,688 | D | |
| Class A Common Stock | Sep 16, 2016 | F | 914 | $171.35 | D | 14,774 | 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 UnitsF1,F3 | $0.00 | Sep 16, 2015 | M | 2,473 | D | Sep 17, 2016 | Sep 17, 2016 | Class A Common Stock | 2,473 | 0 | D |
Explanation of responses
- F1Each restricted stock unit ("RSU") was granted on September 17, 2013 under The Madison Square Garden Company ("MSG") 2015 Employee Stock Plan. The RSU vested on September 16, 2016.
- F2Represents RSUs of MSG withheld to satisfy tax withholding obligations in connection with the vesting of RSUs described in footnote 1 above, exempt under Rule 16b-3.
- F3Each restricted stock unit is granted under MSG 2015 Employee Stock Plan and represents a right to receive one share of Class A Common Stock or the cash equivalent thereof.