X0303 4 2010-02-24 0001469372 Madison Square Garden, Inc. MSG 0000933028 DOLAN JAMES LAWRENCE TWO PENN PLAZA NEW YORK NY 10121 1 1 0 1 Executive Chairman Member of 13(d) Group 0001480991 Dolan Kristin A TWO PENN PLAZA NEW YORK NY 10121 1 0 0 0 Madison Square Garden, Inc. Class A Common Stock 214150 D Madison Square Garden, Inc. Class A Common Stock 6300 I By Spouse Madison Square Garden, Inc. Class A Common Stock 2125 I By Minor Children Madison Square Garden, Inc. Class A Common Stock 1289 I By Sons Options (Right to Buy) 7.49 2010-02-24 4 J 0 41666 0 A 2010-02-24 2013-06-25 Madison Square Garden, Inc. Class A Common Stock 41666 41666 D Options (Right to Buy) 7.27 2010-02-24 4 J 0 30000 0 A 2010-02-24 2014-10-01 Madison Square Garden, Inc. Class A Common Stock 30000 30000 D Options (Right to Buy) 10.78 2010-02-24 4 J 0 15000 0 A 2010-02-24 2015-11-08 Madison Square Garden, Inc. Class A Common Stock 15000 15000 D Options (Right to Buy) 10.78 2010-02-24 4 J 0 18600 0 A 2010-02-24 2014-10-01 Madison Square Garden, Inc. Class A Common Stock 18600 18600 D Options (Right to Buy) 10.78 2010-02-24 4 J 0 30000 0 A 2010-02-24 2015-11-08 Madison Square Garden, Inc. Class A Common Stock 30000 30000 D Options (Right to Buy) 14.25 2010-02-24 4 J 0 66000 0 A 2010-02-24 2016-06-05 Madison Square Garden, Inc. Class A Common Stock 66000 66000 D Options (Right to Buy) 7.12 2010-02-24 4 J 0 225775 0 A 2014-09-05 Madison Square Garden, Inc. Class A Common Stock 225775 225775 D Reflects transfer of shares of Class A Common Stock previously owned directly by Cablevision Systems Corporation ("Cablevision") and its subsidiaries and received by Mr. Dolan in connection with the legal and structural separation of Madison Square Garden, Inc. ("MSG") from Cablevision (the "Spin-off"), in a transaction exempt under Rule 16a-9 and Rule 16a-13. Includes shares of restricted stock received by Mr. Dolan in connection with the Spin-off in an exempt transaction under Rule 16a-9. Includes shares held jointly by the Reporting Persons. Ms. Dolan disclaims beneficial ownership of all shares of MSG beneficially owned or deemed to be beneficially owned by her spouse (other than shares in which she has a direct pecuniary interest) and this filing shall not be deemed an admission that Ms. Dolan is, for the purposes of Section 16 or for any other purpose, the beneficial owner of such securities. Reflects transfer of shares of Class A Common Stock previously owned directly by Cablevision and its subsidiaries and received by Ms. Dolan in connection with the Spin-off, in a transaction exempt under Rule 16a-9 and 16a-13. Mr. Dolan disclaims beneficial ownership of all shares of MSG beneficially owned or deemed to be beneficially owned by his spouse (other than shares in which he has a direct pecuniary interest) and this filing shall not be deemed an admission that Mr. Dolan is, for the purposes of Section 16 or for any other purpose, the beneficial owner of such securities. Reflects transfer of shares of Class A Common Stock previously owned directly by Cablevision and its subsidiaries and received by the Reporting Persons' minor children and held by Mr. Dolan as custodian in connection with the Spin-off, in a transaction exempt under Rule 16a-9 and 16a-13. The Reporting Persons disclaim beneficial ownership of all shares of MSG beneficially owned or deemed to be beneficially owned by their children and this filing shall not be deemed an admission that the Reporting Persons are, for the purposes of Section 16 or for any other purpose, the beneficial owners of such securities. Reflects transfer of shares of Class A Common Stock previously owned directly by Cablevision and its subsidiaries and received by the Reporting Persons' sons in connection with the Spin-off, in a transaction exempt under Rule 16a-9 and 16a-13. The Reporting Persons disclaim beneficial ownership of all shares of MSG beneficially owned or deemed to be beneficially owned by their sons and this filing shall not be deemed an admission that the Reporting Persons are, for the purposes of Section 16 or for any other purpose, the beneficial owners of such securities. The exercise price was determined by allocating the exercise price for the option under the Cablevision equity plan between the existing Cablevision option and the MSG option based upon the ten-day weighted average prices of the Cablevision NY Group Class A Common Stock and the MSG Class A Common Stock immediately following the Spin-off. The underlying share amount takes into account the distribution ratio of four Cablevision shares of common stock to one share of MSG common stock. Represents options to purchase Class A Common Stock received by Mr. Dolan in connection with the Spin-off, and granted pursuant to the MSG 2010 Employee Stock Plan, in a transaction exempt under Rules 16a-9 or 16b-6 and 16b-3. The options are fully exercisable and vested as of the date of this filing. Ms. Dolan disclaims beneficial ownership of all options of MSG beneficially owned or deemed to be beneficially owned by her spouse and this filing shall not be deemed an admission that Ms. Dolan is, for the purposes of Section 16 or for any other purpose, the beneficial owner of such securities. The options will vest in three equal installments on each of March 5, 2010, March 5, 2011, and March 5, 2012. /s/ Lawrence J. Burian, Attorney-in-fact for James Lawrence Dolan 2010-02-26 /s/ Lawrence J. Burian, Attorney-in-fact for Kristin A. Dolan 2010-02-26