0000950170-24-047592.txt : 20240424 0000950170-24-047592.hdr.sgml : 20240424 20240424161510 ACCESSION NUMBER: 0000950170-24-047592 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20240422 FILED AS OF DATE: 20240424 DATE AS OF CHANGE: 20240424 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Franco Laura CENTRAL INDEX KEY: 0001769491 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-39245 FILM NUMBER: 24870748 MAIL ADDRESS: STREET 1: C/O CBS CORPORATION STREET 2: 51 WEST 52ND STREET CITY: NEW YORK STATE: NY ZIP: 10019 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 2024-04-22 0001795250 Sphere Entertainment Co. SPHR 0001769491 Franco Laura TWO PENNSYLVANIA PLAZA NEW YORK NY 10121 false true false false EVP & General Counsel false Restricted Stock Units 2024-04-22 4 A false 3728 0.0 A Class A Common Stock 3728 3728 D Restricted Stock Units 2024-04-22 4 A false 20755 0.0 A Class A Common Stock 20755 20755 D Performance Restricted Stock Units 2024-04-22 4 A false 3278 0.0 A Class A Common Stock 3278 3278 D Each Restricted Stock Unit ("RSU") is granted under the Sphere Entertainment Co. 2020 Employee Stock Plan, as amended, and represents a right to receive one share of Class A Common Stock or the cash equivalent thereof. The RSUs will vest and settle in three equal installments on September 15, 2024, September 15, 2025 and September 15, 2026. The RSUs will vest and settle 32% on September 15, 2024, 40% on September 15, 2025, 24% on September 15, 2026, and 4% on September 15, 2027. Each performance restricted stock unit ("PSU") represents a right to receive one share of Sphere Entertainment Co. (the "Issuer") Class A Common Stock or the cash equivalent thereof. Represents PSUs granted on April 22, 2024 that are no longer subject to performance-based vesting requirements as a result of the decision by the Compensation Committee of the Board of Directors of the Issuer to deem performance achieved at 100% of target. The PSUs are scheduled to vest and settle on September 15, 2026. /s/ Mark C. Cresitello, Attorney-in-Fact for Laura Franco 2024-04-24