GREENBERG ANDREA (President/CEO-MSG Networks) exercised options at SPHERE ENTERTAINMENT CO.

Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.

M · 4 exercises

GREENBERG ANDREA

Filed: 9/17/2024ACC: 0000950170-24-107356

InsiderGREENBERG ANDREACIK 1653193

→

IssuerSPHERE ENTERTAINMENT CO.CIK 1795250

Officer· President/CEO-MSG Networks

Since Jul 2021

-19.84K

Net shares

Net seller

$838.0K

Total sold

Open market trades

0B · 0S

Total transactions

40.75K acquired · 60.59K disposed

Non-Derivative Transactions6

Class A Common Stock

Direct

M · Option Exercise

+5.84K

Price / share

—

Trade value

—

% of position

7.6%

9/13/2024

76.65K→82.49K

Class A Common Stock

Direct

M · Option Exercise

+6.59K

Price / share

—

Trade value

—

% of position

8.0%

9/13/2024

82.49K→89.08K

Class A Common Stock

Direct

M · Option Exercise

+10.78K

Price / share

—

Trade value

—

% of position

12.1%

9/13/2024

89.08K→99.85K

Class A Common Stock

Direct

F · Tax Withholding

−11.30K

Price / share

$42.23

Trade value

$477.16K

% of position

11.3%

9/13/2024

99.85K→88.56K

Class A Common Stock

Direct

M · Option Exercise

+17.55K

Price / share

—

Trade value

—

% of position

19.8%

9/13/2024

88.56K→106.10K

Class A Common Stock

Direct

F · Tax Withholding

−8.54K

Price / share

$42.23

Trade value

$360.81K

% of position

8.1%

9/13/2024

106.10K→97.56K

Total

Net shares

+20.91K

Net value

-$837.97K

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Class A Common Stock Direct	9/13/2024	M · Option Exercise	+5.84K	—	—	7.6%	76.65K	82.49K
Class A Common Stock Direct	9/13/2024	M · Option Exercise	+6.59K	—	—	8.0%	82.49K	89.08K
Class A Common Stock Direct	9/13/2024	M · Option Exercise	+10.78K	—	—	12.1%	89.08K	99.85K
Class A Common Stock Direct	9/13/2024	F · Tax Withholding	−11.30K	$42.23	$477.16K	11.3%	99.85K	88.56K
Class A Common Stock Direct	9/13/2024	M · Option Exercise	+17.55K	—	—	19.8%	88.56K	106.10K
Class A Common Stock Direct	9/13/2024	F · Tax Withholding	−8.54K	$42.23	$360.81K	8.1%	106.10K	97.56K
Total			+20.91K		-$837.97K

Derivative Transactions4

Restricted Stock Units

Direct

M · Option Exercise

Converts to

Class A Common Stock

5.84K shares

−5.84K

Strike price

Held after

0.00

Exercisable

—

9/13/2024

Restricted Stock Units

Direct

M · Option Exercise

Converts to

Class A Common Stock

6.59K shares

−6.59K

Strike price

Held after

6.59K

Exercisable

—

9/13/2024

Restricted Stock Units

Direct

M · Option Exercise

Converts to

Class A Common Stock

10.78K shares

−10.78K

Strike price

Held after

21.55K

Exercisable

—

9/13/2024

Performance Restricted Stock Units

Direct

M · Option Exercise

Converts to

Class A Common Stock

17.55K shares

−17.55K

Strike price

Held after

0.00

Exercisable

—

9/13/2024

Security	Converts To	Date	Type	Shares	Exercisable	Held After
Restricted Stock Units Direct	Class A Common Stock5.84K shares	9/13/2024	M · Option Exercise	−5.84K	—	0.00
Restricted Stock Units Direct	Class A Common Stock6.59K shares	9/13/2024	M · Option Exercise	−6.59K	—	6.59K
Restricted Stock Units Direct	Class A Common Stock10.78K shares	9/13/2024	M · Option Exercise	−10.78K	—	21.55K
Performance Restricted Stock Units Direct	Class A Common Stock17.55K shares	9/13/2024	M · Option Exercise	−17.55K	—	0.00