SEC Form 4 · accession 0001209191-18-054257
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
Oct 3, 2018
Accepted (ET)
Oct 4, 2018 · 4:32 pm EDT
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 | $308.75 | Oct 3, 2018 | A | 125,015 | A | — | Apr 3, 2026 | Class A Common Stock | 125,015 | 125,015 | D |
| Options (Right to Buy)F3,F1,F2 | $339.63 | Oct 3, 2018 | A | 144,245 | A | — | Apr 3, 2026 | Class A Common Stock | 144,245 | 144,245 | D |
| Options (Right to Buy)F3,F1,F2 | $385.94 | Oct 3, 2018 | A | 179,732 | A | — | Apr 3, 2026 | Class A Common Stock | 179,732 | 179,732 | D |
| Restricted Stock UnitsF3,F4,F5 | — | Oct 3, 2018 | A | 2,436 | A | — | Sep 15, 2021 | Class A Common Stock | 2,436 | 2,436 | D |
| Restricted Stock UnitsF3,F4,F6 | — | Oct 3, 2018 | A | 1,421 | A | — | Aug 30, 2020 | Class A Common Stock | 1,421 | 1,421 | D |
Explanation of responses
- F1Grant of options under The Madison Square Garden Company ("MSG") 2015 Employee Stock Plan exempt under Rule 16b-3.
- F2The options are scheduled to vest in four equal installments on September 15, 2019, September 15, 2020, September 15, 2021 and September 15, 2022.
- F3Securities held directly by James L. Dolan, Kristin A. Dolan's spouse. Ms. Dolan disclaims beneficial ownership of these securities beneficially owned or deemed to be beneficially owned by Mr. Dolan 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.
- F4Each restricted stock unit ("RSU") granted under the MSG 2015 Employee Stock Plan and represents a right to receive one share of Class A Common Stock or cash equivalent thereof.
- F5The RSUs vest and are settled in three equal installments on September 15, 2019, September 15, 2020 and September 15, 2021.
- F6The RSUs vest and are settled two-thirds on August 30, 2019 and one-third on August 30, 2020.