0000950170-24-081732.txt : 20240703
0000950170-24-081732.hdr.sgml : 20240703
20240703203014
ACCESSION NUMBER: 0000950170-24-081732
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240701
FILED AS OF DATE: 20240703
DATE AS OF CHANGE: 20240703
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: DOLAN JAMES LAWRENCE
CENTRAL INDEX KEY: 0000933028
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-39245
FILM NUMBER: 241101420
MAIL ADDRESS:
STREET 1: BAKER BOTTS L.L.P.
STREET 2: 30 ROCKEFELLER PLAZA
CITY: NEW YORK
STATE: NY
ZIP: 10112
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Dolan Kristin A
CENTRAL INDEX KEY: 0001480991
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-39245
FILM NUMBER: 241101421
MAIL ADDRESS:
STREET 1: C/O MSG TWO PENN PLAZA
STREET 2: 26TH FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10121
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Sphere Entertainment Co.
CENTRAL INDEX KEY: 0001795250
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-AMUSEMENT & RECREATION SERVICES [7900]
ORGANIZATION NAME: 07 Trade & Services
IRS NUMBER: 843755666
FISCAL YEAR END: 0630
BUSINESS ADDRESS:
STREET 1: TWO PENNSYLVANIA PLAZA
CITY: NEW YORK
STATE: NY
ZIP: 10121
BUSINESS PHONE: (212) 465-6000
MAIL ADDRESS:
STREET 1: TWO PENNSYLVANIA PLAZA
CITY: NEW YORK
STATE: NY
ZIP: 10121
FORMER COMPANY:
FORMER CONFORMED NAME: Madison Square Garden Entertainment Corp.
DATE OF NAME CHANGE: 20200417
FORMER COMPANY:
FORMER CONFORMED NAME: MSG ENTERTAINMENT SPINCO, INC.
DATE OF NAME CHANGE: 20191126
4
1
ownership.xml
4
X0508
4
2024-07-01
0001795250
Sphere Entertainment Co.
SPHR
0000933028
DOLAN JAMES LAWRENCE
TWO PENNSYLVANIA PLAZA
NEW YORK
NY
10121
true
true
false
true
Executive Chairman and CEO
Member of 13(d) Group
0001480991
Dolan Kristin A
TWO PENNSYLVANIA PLAZA
NEW YORK
NY
10121
true
false
false
false
false
Stock Options (Rights to Buy)
34.62
2024-07-01
4
A
false
1800000
0
A
2034-07-01
Class A Common Stock
1800000
1800000
D
The stock options were granted on July 1, 2024 under the Sphere Entertainment Co. 2020 Employee Stock Plan, as amended, and represents the option to purchase Class A Common Stock.
If James L. Dolan has remained employed by, or provided services to, the Issuer or any of its subsidiaries through June 30, 2027 (subject to certain limited exceptions), then 25% of the stock options will vest during a performance period ended July 1, 2029 upon achievement of each of the following stock price hurdles (based on a rolling 30 consecutive trading day average closing price of the Issuer's Class A Common Stock): $75.00, $100.00, $125.00 and $150.00.
Securities 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 (other than securities in which she has a direct pecuniary interest) 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.
/s/ James L. Dolan
2024-07-03
/s/ Mark C. Cresitello, Attorney-in-Fact for Kristen A. Dolan
2024-07-03