X0303 4 2010-02-24 0001469372 Madison Square Garden, Inc. MSG 0000935761 DOLAN CHARLES F TWO PENN PLAZA NEW YORK NY 10121 1 0 0 1 Member of 13(d) Group 0000902298 DOLAN HELEN A TWO PENN PLAZA NEW YORK NY 10121 0 0 0 1 Member of 13(d) Group Madison Square Garden, Inc. Class A Common Stock 118730 D 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) 7.08 2010-02-24 4 J 0 20833 0 A 2010-02-24 2013-06-25 Madison Square Garden, Inc. Class A Common Stock 20833 20833 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 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 37200 0 A 2010-02-24 2014-10-01 Madison Square Garden, Inc. Class A Common Stock 37200 37200 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 221225 0 A 2014-09-05 Madison Square Garden, Inc. Class A Common Stock 221225 221225 D Madison Square Garden, Inc. Class B Common Stock 0 Madison Square Garden, Inc. Class A Common Stock 354644 354644 D Madison Square Garden, Inc. Class B Common Stock 0 Madison Square Garden, Inc. Class A Common Stock 1818125 1818125 I By CFD Rev. Trust Madison Square Garden, Inc. Class B Common Stock 0 Madison Square Garden, Inc. Class A Common Stock 973977 973977 I By 2008 Grat #2 Madison Square Garden, Inc. Class B Common Stock 0 Madison Square Garden, Inc. Class A Common Stock 524727 524727 I By 2009 Grat #1 Madison Square Garden, Inc. Class B Common Stock 0 Madison Square Garden, Inc. Class A Common Stock 194919 194919 I By 2009 Grat #2 Madison Square Garden, Inc. Class B Common Stock 0 Madison Square Garden, Inc. Class A Common Stock 180283 180283 I By 2009 Grat #3 Madison Square Garden, Inc. Class B Common Stock 0 Madison Square Garden, Inc. Class A Common Stock 205213 205213 I By 2010 Grat #1 Madison Square Garden, Inc. Class B Common Stock 0 Madison Square Garden, Inc. Class A Common Stock 975000 975000 I By HAD Rev. Trust Madison Square Garden, Inc. Class B Common Stock 0 Madison Square Garden, Inc. Class A Common Stock 756421 756421 I By HAD 2009 Grat #1 Madison Square Garden, Inc. Class B Common Stock 0 Madison Square Garden, Inc. Class A Common Stock 100255 100255 I By HAD 2009 Grat #2 Madison Square Garden, Inc. Class B Common Stock 0 Madison Square Garden, Inc. Class A Common Stock 118322 118322 I By HAD 2009 Grat #3 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 a transaction exempt under Rule 16a-9. Ms. Dolan disclaims beneficial ownership of all shares of MSG beneficially owned or deemed to be beneficially owned directly or indirectly 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. 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 the Reporting Person 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. The stock options will vest in three equal installments on each of March 5, 2010, March 5, 2011 and March 5, 2012. Class B Common Stock of the Issuer is convertible at the option of the holder share for share into Class A Common Stock of the Issuer. Reflects receipt of 354,655 shares of Class B Common Stock in an annuity payment from the Charles F. Dolan Grantor Retained 2009 Annuity Trust #1 in a transfer exempt under Rule 16a-13. Reflects transfer of shares of Class B Common Stock previously owned directly by Cablevision and its subsidiaries and received by the Charles F. Dolan 2008 Grantor Retained Revocable Trust in connection with the Spin-off in a transaction exempt under Rule 16a-9 and Rule 16a-13. Reflects transfer of shares of Class A Common Stock previously owned directly by Cablevision and its subsidiaries and received by the Charles F. Dolan 2008 Grantor Retained Annuity Trust #2 in connection with the Spin-off in a transaction exempt under Rule 16a-9 and Rule 16a-13. Reflects transfer of shares of Class A Common Stock previously owned directly by Cablevision and its subsidiaries and received by the Charles F. Dolan 2009 Grantor Retained Annuity Trust #1 in connection with the Spin-off in a transaction exempt under Rule 16a-9 and Rule 16a-13. Reflects transfer of shares of Class A Common Stock previously owned directly by Cablevision and its subsidiaries and received by the Charles F. Dolan 2009 Grantor Retained Annuity Trust #2 in connection with the Spin-off in a transaction exempt under Rule 16a-9 and Rule 16a-13. Reflects transfer of shares of Class A Common Stock previously owned directly by Cablevision and its subsidiaries and received by the Charles F. Dolan 2009 Grantor Retained Annuity Trust #3 in connection with the Spin-off in a transaction exempt under Rule 16a-9 and Rule 16a-13. Reflects transfer of shares of Class A Common Stock previously owned directly by Cablevision and its subsidiaries and received by the Charles F. Dolan 2010 Grantor Retained Annuity Trust #1 in connection with the Spin-off in a transaction exempt under Rule 16a-9 and Rule 16a-13. Reflects transfer of shares of Class A Common Stock previously owned directly by Cablevision and its subsidiaries and received by the Helen A. Dolan 2009 Revocable Trust in connection with the Spin-off in a transaction exempt under Rule 16a-9 and Rule 16a-13. Mr. Dolan disclaims beneficial ownership of all shares of MSG beneficially owned or deemed to be beneficially owned directly or indirectly 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 Helen A. Dolan 2009 Grantor Retained Annuity Trust #1 in connection with the Spin-off in a transaction exempt under Rule 16a-9 and Rule 16a-13. Reflects transfer of shares of Class A Common Stock previously owned directly by Cablevision and its subsidiaries and received by the Helen A. Dolan 2009 Grantor Retained Annuity Trust #2 in connection with the Spin-off in a transaction exempt under Rule 16a-9 and Rule 16a-13. Reflects transfer of shares of Class A Common Stock previously owned directly by Cablevision and its subsidiaries and received by the Helen A. Dolan 2009 Grantor Retained Annuity Trust #3 in connection with the Spin-off in a transaction exempt under Rule 16a-9 and Rule 16a-13. /s/ Lawrence J. Burian, Attorney-in-fact for Charles F. Dolan 2010-02-26 /s/ Brian G. Sweeney, Attorney-in-fact for Helen A. Dolan 2010-02-26