Madison Square Garden Sports : Statement of Changes in Beneficial Ownership (Form 4)
April 27, 2022 at 05:39 pm EDT
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Ownership Submission
FORM 4
Check this box if no longer subject to Section 16, Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
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(**)
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(1)
Each Restrict Stock Unit ("RSU") is granted under the Madison Square Garden Sports Corp. 2015 Employee Stock Plan and represents a right to receive one share of Class A Common Stock or the cash equivalent thereof.
(2)
The RSUs will vest and settle in three equal installments on September 15, 2022, September 15, 2023 and September 15, 2024.
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Madison Square Garden Sports Corp. published this content on 27 April 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 27 April 2022 21:37:08 UTC.
Madison Square Garden Sports Corp. is a professional sports company. The Company owns and operates a portfolio of assets featuring teams in sports, including the New York Knickerbockers (Knicks) of the National Basketball Association (NBA) and the Rangers of the National Hockey League (NHL). Its other professional sports franchises include two development league teams, such as the Hartford Wolf Pack of the American Hockey League and the Westchester Knicks of the NBA G League. Its professional sports franchises are referred to as sports teams. In addition, the Company owns Knicks Gaming, an esports franchise that competes in the NBA 2K League, as well as a controlling interest in Counter Logic Gaming (CLG), a North American esports organization. The Company also operates two professional sports team performance centers, such as the Madison Square Garden Training Center in Greenburgh, and the CLG Performance Center in Los Angeles. CLG and Knicks Gaming are referred to as esports teams.