Filing Details
- Accession Number:
- 0001193125-18-346992
- Form Type:
- 13D Filing
- Publication Date:
- 2018-12-11 16:31:00
- Filed By:
- Dolan Charles F
- Company:
- Madison Square Garden Sports Corp. (NYSE:MSGS)
- Filing Date:
- 2018-12-11
- SEC Url:
- 13D Filing
Please notice the below summary table is generated without human intervention and may contain errors. Please refer to the complete filing displayed below for exact figures.
Name | Sole Voting Power | Shared Voting Power | Sole Dispositive Power | Shared Dispositive Power | Aggregate Amount Owned Power | Percent of Class |
---|---|---|---|---|---|---|
Charles F. Dolan, individually, and as Trustee of the Charles F. Dolan | 112,693 | 2,755,641 | 112,693 | 2,755,641 | 2,868,334 | 13.1% |
Helen A. Dolan, individually and as Trustee of the Helen A. Dolan | 0 | 2,868,334 | 0 | 2,868,334 | 2,868,334 | 13.1% |
James L. Dolan | 160,309 | 642,644 | 160,309 | 642,644 | 802,953 | 4.0% |
Thomas C. Dolan | 19,752 | 322,281 | 19,752 | 322,281 | 342,033 | 1.8% |
Kathleen M. Dolan, individually and as Trustee of the Ryan Dolan 1989 Trust and the Tara Dolan 1989 Trust and as a Trustee of each of the Charles F. Dolan Children Trusts | 12,288 | 1,945,837 | 12,288 | 1,945,837 | 1,958,125 | 9.3% |
Marianne Dolan Weber | 8,063 | 345,937 | 8,063 | 345,937 | 354,000 | 1.8% |
Deborah A. Dolan-Sweeney | 6,872 | 373,282 | 6,872 | 373,282 | 380,154 | 1.9% |
David M. Dolan, as a Trustee of each of the Charles F. Dolan | 100,344 | 2,486,071 | 100,344 | 2,486,071 | 2,586,415 | 11.9% |
Mary S. Dolan, as a Trustee of the Charles F. Dolan Children Trust FBO Deborah Dolan-Sweeney and each of the Charles F. Dolan | 2,274 | 2,808,590 | 2,274 | 2,808,590 | 2,810,864 | 12.8% |
Charles F. Dolan | 33,572 | 0 | 33,572 | 0 | 33,572 | 0.2% |
Charles F. Dolan Children Trust FBO Kathleen M. Dolan | 322,281 | 0 | 322,281 | 0 | 322,281 | 1.7% |
Charles F. Dolan Children Trust FBO Deborah Dolan-Sweeney | 322,281 | 0 | 322,281 | 0 | 322,281 | 1.7% |
Charles F. Dolan Children Trust FBO Marianne Dolan Weber | 312,888 | 0 | 312,888 | 0 | 312,888 | 1.6% |
Charles F. Dolan Children Trust FBO Thomas C. Dolan | 322,281 | 9. | 322,281 | 0 | 322,281 | 1.7% |
Charles F. Dolan Children Trust FBO James L. Dolan | 633,573 | 0 | 633,573 | 0 | 633,573 | 3.2% |
Charles F. Dolan | 828,908 | 0 | 828,908 | 0 | 828,908 | 4.1% |
Charles F. Dolan | 434,833 | 0 | 434,833 | 0 | 434,833 | 2.2% |
Charles F. Dolan | 409,833 | 0 | 409,833 | 0 | 409,833 | 2.1% |
Charles F. Dolan | 430,833 | 0 | 430,833 | 0 | 430,833 | 2.2% |
Charles F. Dolan | 374,833 | 0 | 374,833 | 0 | 374,833 | 1.9% |
Ryan Dolan 1989 Trust | 5,052 | 0 | 5,052 | 0 | 5,052 | 0.0% |
Tara Dolan 1989 Trust | 5,052 | 0 | 5,052 | 0 | 5,052 | 0.0% |
Charles F. Dolan | 112,693 | 0 | 112,693 | 0 | 112,693 | 0.6% |
Helen A. Dolan | 112,692 | 0 | 112,692 | 0 | 112,692 | 0.6% |
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 3)
The Madison Square Garden Company
(Name of Issuer)
Class A Common Stock, par value $.01 per share
(Title of Class of Securities)
55825T 10 3
(CUSIP Number)
Elizabeth Pagel Serebransky
Debevoise & Plimpton LLP
919 Third Avenue
New York, NY 10022
212-909-6000
(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)
December 7, 2018
(Date of Event Which Requires Filing of this Statement)
If the filing person has previously filed a statement on Schedule 13G to report the acquisition which is the subject of this Schedule 13D, and is filing this schedule because of Sections 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box. ☐
Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See Section 240.13d-7 for other parties to whom copies are to be sent.
* | The remainder of this cover page shall be filled out for a reporting persons initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page. |
The information required on the remainder of this cover page shall not be deemed to be filed for the purposes of Section 18 of the Securities Exchange Act of 1934 (Act) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).
CUSIP NO. 55825T 10 3
1. | Name of Reporting Person
Charles F. Dolan, individually, and as Trustee of the Charles F. Dolan 2018 Grantor Retained Annuity Trust #1M and a Trustee of the Charles F. Dolan 2009 Revocable Trust | |||||
2. | Check the Appropriate Box if a Member of a Group (a) ☒ (b) ☐
| |||||
3. | SEC Use Only
| |||||
4. | Source of Funds
00 See Item 3 of Statement | |||||
5. | Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e)
| |||||
6. | Citizenship or Place of Organization
U.S.A. |
Number of Shares Beneficially Owned By Each Reporting Person With | 7. | Sole Voting Power
112,693 | ||||
8. | Shared Voting Power
2,755,641 | |||||
9. | Sole Dispositive Power
112,693 | |||||
10. | Shared Dispositive Power
2,755,641 |
11. | Aggregate Amount Beneficially Owned by Each Reporting Person
2,868,334 | |||||
12. | Check if the Aggregate Amount in Row (11) Excludes Certain Shares
☒* | |||||
13. | Percent of Class Represented by Amount in Row (11)
13.1% | |||||
14. | Type of Reporting Person
IN |
* | Excludes 1,847,047 shares of The Madison Square Garden Company Class A Common Stock, par value $0.01 per share (Class A Common Stock), issuable upon conversion of an equal number of shares of The Madison Square Garden Company Class B Common Stock, par value $0.01 per share (Class B Common Stock), held by other Reporting Persons hereto as to which Charles F. Dolan disclaims beneficial ownership. This report shall not be construed as an admission that such person is the beneficial owner of such securities. |
Page 2 of 42
CUSIP NO. 55825T 10 3
1. | Name of Reporting Person
Helen A. Dolan, individually and as Trustee of the Helen A. Dolan 2018 Grantor Retained Annuity Trust #1M | |||||
2. | Check the Appropriate Box if a Member of a Group (a) ☒ (b) ☐
| |||||
3. | SEC Use Only
| |||||
4. | Source of Funds
00 See Item 3 of Statement | |||||
5. | Check if Disclosure of Legal
Proceedings is Required Pursuant to Items 2(d) or 2(e)
| |||||
6. | Citizenship or Place of Organization
U.S.A. |
Number of Shares Beneficially Owned By Each Reporting Person With | 7. | Sole Voting Power
0 | ||||
8. | Shared Voting Power
2,868,334 | |||||
9. | Sole Dispositive Power
0 | |||||
10. | Shared Dispositive Power
2,868,334 |
11. | Aggregate Amount Beneficially Owned by Each Reporting Person
2,868,334 | |||||
12. | Check if the Aggregate Amount in Row (11) Excludes Certain Shares
☒* | |||||
13. | Percent of Class Represented by Amount in Row (11)
13.1% | |||||
14. | Type of Reporting Person
IN |
* | Excludes 1,847,047 shares of Class A Common Stock issuable upon conversion of an equal number of shares of Class B Common Stock held by other Reporting Persons hereto as to which Helen A. Dolan disclaims beneficial ownership. This report shall not be construed as an admission that such person is the beneficial owner of such securities. |
Page 3 of 42
CUSIP NO. 55825T 10 3
1. | Name of Reporting Person
James L. Dolan | |||||
2. | Check the Appropriate Box if a Member of a Group (a) ☒ (b) ☐
| |||||
3. | SEC Use Only
| |||||
4. | Source of Funds
00, BK See Item 3 of Statement | |||||
5. | Check if Disclosure of Legal
Proceedings is Required Pursuant to Items 2(d) or 2(e)
| |||||
6. | Citizenship or Place of Organization
U.S.A. |
Number of Shares Beneficially Owned By Each Reporting Person With | 7. | Sole Voting Power
160,309 | ||||
8. | Shared Voting Power
642,644 | |||||
9. | Sole Dispositive Power
160,309 | |||||
10. | Shared Dispositive Power
642,644 |
11. | Aggregate Amount Beneficially Owned by Each Reporting Person
802,953 | |||||
12. | Check if the Aggregate Amount in Row (11) Excludes Certain Shares
☒* | |||||
13. | Percent of Class Represented by Amount in Row (11)
4.0% | |||||
14. | Type of Reporting Person
IN |
* | Excludes 3,911,148 shares of Class A Common Stock issuable upon conversion of an equal number of shares of Class B Common Stock held by other Reporting Persons hereto as to which James L. Dolan disclaims beneficial ownership. This report shall not be construed as an admission that such person is the beneficial owner of such securities. |
Page 4 of 42
CUSIP NO. 55825T 10 3
1. | Name of Reporting Person
Thomas C. Dolan | |||||
2. | Check the Appropriate Box if a Member of a Group (a) ☒ (b) ☐
| |||||
3. | SEC Use Only
| |||||
4. | Source of Funds
00 See Item 3 of Statement | |||||
5. | Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e)
| |||||
6. | Citizenship or Place of Organization
U.S.A. |
Number of Shares Beneficially Owned By Each Reporting Person With | 7. | Sole Voting Power
19,752 | ||||
8. | Shared Voting Power
322,281 | |||||
9. | Sole Dispositive Power
19,752 | |||||
10. | Shared Dispositive Power
322,281 |
11. | Aggregate Amount Beneficially Owned by Each Reporting Person
342,033 | |||||
12. | Check if the Aggregate Amount in Row (11) Excludes Certain Shares
☒* | |||||
13. | Percent of Class Represented by Amount in Row (11)
1.8% | |||||
14. | Type of Reporting Person
IN |
* | Excludes 4,220,531 shares of Class A Common Stock issuable upon conversion of an equal number of shares of Class B Common Stock held by other Reporting Persons hereto as to which Thomas C. Dolan disclaims beneficial ownership. This report shall not be construed as an admission that such person is the beneficial owner of such securities. |
Page 5 of 42
CUSIP NO. 55825T 10 3
1. | Name of Reporting Person
Kathleen M. Dolan, individually and as Trustee of the Ryan Dolan 1989 Trust and the Tara Dolan 1989 Trust and as a Trustee of each of the Charles F. Dolan Children Trusts | |||||
2. | Check the Appropriate Box if a Member of a Group (a) ☒ (b) ☐
| |||||
3. | SEC Use Only
| |||||
4. | Source of Funds
00 See Item 3 of Statement | |||||
5. | Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e)
| |||||
6. | Citizenship or Place of Organization
U.S.A. |
Number of Shares Beneficially Owned By Each Reporting Person With | 7. | Sole Voting Power
12,288 | ||||
8. | Shared Voting Power
1,945,837 | |||||
9. | Sole Dispositive Power
12,288 | |||||
10. | Shared Dispositive Power
1,945,837 |
11. | Aggregate Amount Beneficially Owned by Each Reporting Person
1,958,125 | |||||
12. | Check if the Aggregate Amount in Row (11) Excludes Certain Shares
☒* | |||||
13. | Percent of Class Represented by Amount in Row (11)
9.3% | |||||
14. | Type of Reporting Person
IN |
* | Excludes 2,696,515 shares of Class A Common Stock issuable upon conversion of an equal number of shares of Class B Common Stock held by other Reporting Persons hereto as to which Kathleen M. Dolan disclaims beneficial ownership. This report shall not be construed as an admission that such person is the beneficial owner of such securities. |
Page 6 of 42
CUSIP NO. 55825T 10 3
1. | Name of Reporting Person
Marianne Dolan Weber | |||||
2. | Check the Appropriate Box if a Member of a Group (a) ☒ (b) ☐
| |||||
3. | SEC Use Only
| |||||
4. | Source of Funds
00 See Item 3 of Statement | |||||
5. | Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e)
| |||||
6. | Citizenship or Place of Organization
U.S.A. |
Number of Shares Beneficially Owned By Each Reporting Person With | 7. | Sole Voting Power
8,063 | ||||
8. | Shared Voting Power
345,937 | |||||
9. | Sole Dispositive Power
8,063 | |||||
10. | Shared Dispositive Power
345,937 |
11. | Aggregate Amount Beneficially Owned by Each Reporting Person
354,000 | |||||
12. | Check if the Aggregate Amount in Row (11) Excludes Certain Shares
☒* | |||||
13. | Percent of Class Represented by Amount in Row (11)
1.8% | |||||
14. | Type of Reporting Person
IN |
* | Excludes 4,232,583 shares of Class A Common Stock issuable upon conversion of an equal number of shares of Class B Common Stock held by other Reporting Persons hereto as to which Marianne Dolan Weber disclaims beneficial ownership. This report shall not be construed as an admission that such person is the beneficial owner of such securities. |
Page 7 of 42
CUSIP NO. 55825T 10 3
1. | Name of Reporting Person
Deborah A. Dolan-Sweeney | |||||
2. | Check the Appropriate Box if a Member of a Group (a) ☒ (b) ☐
| |||||
3. | SEC Use Only
| |||||
4. | Source of Funds
00 See Item 3 of Statement | |||||
5. | Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e)
| |||||
6. | Citizenship or Place of Organization
U.S.A. |
Number of Shares Beneficially Owned By Each Reporting Person With | 7. | Sole Voting Power
6,872 | ||||
8. | Shared Voting Power
373,282 | |||||
9. | Sole Dispositive Power
6,872 | |||||
10. | Shared Dispositive Power
373,282 |
11. | Aggregate Amount Beneficially Owned by Each Reporting Person
380,154 | |||||
12. | Check if the Aggregate Amount in Row (11) Excludes Certain Shares
☒* | |||||
13. | Percent of Class Represented by Amount in Row (11)
1.9% | |||||
14. | Type of Reporting Person
IN |
* | Excludes 4,223,190 shares of Class A Common Stock issuable upon conversion of an equal number of shares of Class B Common Stock held by other Reporting Persons hereto as to which Deborah A. Dolan-Sweeney disclaims beneficial ownership. This report shall not be construed as an admission that such person is the beneficial owner of such securities. |
Page 8 of 42
CUSIP NO. 55825T 10 3
1. | Name of Reporting Person
David M. Dolan, as a Trustee of each of the Charles F. Dolan 2009 Family Trusts | |||||
2. | Check the Appropriate Box if a Member of a Group (a) ☐ (b) ☐
| |||||
3. | SEC Use Only
| |||||
4. | Source of Funds
00 See Item 3 of Statement | |||||
5. | Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e)
| |||||
6. | Citizenship or Place of Organization
U.S.A. |
Number of Shares Beneficially Owned By Each Reporting Person With | 7. | Sole Voting Power
100,344 | ||||
8. | Shared Voting Power
2,486,071 | |||||
9. | Sole Dispositive Power
100,344 | |||||
10. | Shared Dispositive Power
2,486,071 |
11. | Aggregate Amount Beneficially Owned by Each Reporting Person
2,586,415 | |||||
12. | Check if the Aggregate Amount in Row (11) Excludes Certain Shares
☒* | |||||
13. | Percent of Class Represented by Amount in Row (11)
11.9% | |||||
14. | Type of Reporting Person
IN |
* | Excludes 2,072,432 shares of Class A Common Stock issuable upon conversion of an equal number of shares of Class B Common Stock held by other Reporting Persons hereto as to which David M. Dolan disclaims beneficial ownership. This report shall not be construed as an admission that such person is the beneficial owner of such securities. |
Page 9 of 42
CUSIP NO. 55825T 10 3
1. | Name of Reporting Person
Mary S. Dolan, as a Trustee of the Charles F. Dolan Children Trust FBO Deborah Dolan-Sweeney and each of the Charles F. Dolan 2009 Family Trusts | |||||
2. | Check the Appropriate Box if a Member of a Group (a) ☐ (b) ☐
| |||||
3. | SEC Use Only
| |||||
4. | Source of Funds
00 See Item 3 of Statement | |||||
5. | Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e)
| |||||
6. | Citizenship or Place of Organization
U.S.A. |
Number of Shares Beneficially Owned By Each Reporting Person With | 7. | Sole Voting Power
2,274 | ||||
8. | Shared Voting Power
2,808,590 | |||||
9. | Sole Dispositive Power
2,274 | |||||
10. | Shared Dispositive Power
2,808,590 |
11. | Aggregate Amount Beneficially Owned by Each Reporting Person
2,810,864 | |||||
12. | Check if the Aggregate Amount in Row (11) Excludes Certain Shares
☒* | |||||
13. | Percent of Class Represented by Amount in Row (11)
12.8% | |||||
14. | Type of Reporting Person
IN |
* | Excludes 1,766,105 shares of Class A Common Stock issuable upon conversion of an equal number of shares of Class B Common Stock held by other Reporting Persons hereto as to which Mary S. Dolan disclaims beneficial ownership. This report shall not be construed as an admission that such person is the beneficial owner of such securities. |
Page 10 of 42
CUSIP NO. 55825T 10 3
1. | Name of Reporting Person
Charles F. Dolan 2009 Revocable Trust | |||||
2. | Check the Appropriate Box if a Member of a Group (a) ☒ (b) ☐
| |||||
3. | SEC Use Only
| |||||
4. | Source of Funds
00 See Item 3 of Statement | |||||
5. | Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e)
| |||||
6. | Citizenship or Place of Organization
U.S.A. |
Number of Shares Beneficially Owned By Each Reporting Person With | 7. | Sole Voting Power
33,572 | ||||
8. | Shared Voting Power
0 | |||||
9. | Sole Dispositive Power
33,572 | |||||
10. | Shared Dispositive Power
0 |
11. | Aggregate Amount Beneficially Owned by Each Reporting Person
33,572 | |||||
12. | Check if the Aggregate Amount in Row (11) Excludes Certain Shares
☒* | |||||
13. | Percent of Class Represented by Amount in Row (11)
0.2% | |||||
14. | Type of Reporting Person
OO |
* | Excludes 4,529,517 shares of Class A Common Stock issuable upon conversion of an equal number of shares of Class B Common Stock held by other Reporting Persons hereto as to which the Charles F. Dolan Revocable Trust disclaims beneficial ownership. This report shall not be construed as an admission that such person is the beneficial owner of such securities. |
Page 11 of 42
CUSIP NO. 55825T 10 3
1. | Name of Reporting Person
Charles F. Dolan Children Trust FBO Kathleen M. Dolan | |||||
2. | Check the Appropriate Box if a Member of a Group (a) ☒ (b) ☐
| |||||
3. | SEC Use Only
| |||||
4. | Source of Funds
00 See Item 3 of Statement | |||||
5. | Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e)
| |||||
6. | Citizenship or Place of Organization
U.S.A. |
Number of Shares Beneficially Owned By Each Reporting Person With | 7. | Sole Voting Power
322,281 | ||||
8. | Shared Voting Power
0 | |||||
9. | Sole Dispositive Power
322,281 | |||||
10. | Shared Dispositive Power
0 |
11. | Aggregate Amount Beneficially Owned by Each Reporting Person
322,281 | |||||
12. | Check if the Aggregate Amount in Row (11) Excludes Certain Shares
☒* | |||||
13. | Percent of Class Represented by Amount in Row (11)
1.7% | |||||
14. | Type of Reporting Person
OO |
* | Excludes 4,223,190 shares of Class A Common Stock issuable upon conversion of an equal number of shares of Class B Common Stock held by other Reporting Persons hereto as to which the Charles F. Dolan Children Trust FBO Kathleen M. Dolan disclaims beneficial ownership. This report shall not be construed as an admission that such person is the beneficial owner of such securities. |
Page 12 of 42
CUSIP NO. 55825T 10 3
1. | Name of Reporting Person
Charles F. Dolan Children Trust FBO Deborah Dolan-Sweeney | |||||
2. | Check the Appropriate Box if a Member of a Group (a) ☒ (b) ☐
| |||||
3. | SEC Use Only
| |||||
4. | Source of Funds
00 See Item 3 of Statement | |||||
5. | Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e)
| |||||
6. | Citizenship or Place of Organization
U.S.A. |
Number of Shares Beneficially Owned By Each Reporting Person With | 7. | Sole Voting Power
322,281 | ||||
8. | Shared Voting Power
0 | |||||
9. | Sole Dispositive Power
322,281 | |||||
10. | Shared Dispositive Power
0 |
11. | Aggregate Amount Beneficially Owned by Each Reporting Person
322,281 | |||||
12. | Check if the Aggregate Amount in Row (11) Excludes Certain Shares
☒* | |||||
13. | Percent of Class Represented by Amount in Row (11)
1.7% | |||||
14. | Type of Reporting Person
OO |
* | Excludes 4,223,190 shares of Class A Common Stock issuable upon conversion of an equal number of shares of Class B Common Stock held by other Reporting Persons hereto as to which the Charles F. Dolan Children Trust FBO Deborah Dolan-Sweeney disclaims beneficial ownership. This report shall not be construed as an admission that such person is the beneficial owner of such securities. |
Page 13 of 42
CUSIP NO. 55825T 10 3
1. | Name of Reporting Person
Charles F. Dolan Children Trust FBO Marianne Dolan Weber | |||||
2. | Check the Appropriate Box if a Member of a Group (a) ☒ (b) ☐
| |||||
3. | SEC Use Only
| |||||
4. | Source of Funds
00 See Item 3 of Statement | |||||
5. | Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e)
| |||||
6. | Citizenship or Place of Organization
U.S.A. |
Number of Shares Beneficially Owned By Each Reporting Person With | 7. | Sole Voting Power
312,888 | ||||
8. | Shared Voting Power
0 | |||||
9. | Sole Dispositive Power
312,888 | |||||
10. | Shared Dispositive Power
0 |
11. | Aggregate Amount Beneficially Owned by Each Reporting Person
312,888 | |||||
12. | Check if the Aggregate Amount in Row (11) Excludes Certain Shares
☒* | |||||
13. | Percent of Class Represented by Amount in Row (11)
1.6% | |||||
14. | Type of Reporting Person
OO |
* | Excludes 4,232,583 shares of Class A Common Stock issuable upon conversion of an equal number of shares of Class B Common Stock held by other Reporting Persons hereto as to which the Charles F. Dolan Children Trust FBO Marianne Dolan Weber disclaims beneficial ownership. This report shall not be construed as an admission that such person is the beneficial owner of such securities. |
Page 14 of 42
CUSIP NO. 55825T 10 3
1. | Name of Reporting Person
Charles F. Dolan Children Trust FBO Thomas C. Dolan | |||||
2. | Check the Appropriate Box if a Member of a Group (a) ☒ (b) ☐
| |||||
3. | SEC Use Only
| |||||
4. | Source of Funds
00 See Item 3 of Statement | |||||
5. | Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e)
| |||||
6. | Citizenship or Place of Organization
U.S.A. |
Number of Shares Beneficially Owned By Each Reporting Person With | 7. | Sole Voting Power
322,281 | ||||
8. | Shared Voting Power
| |||||
9. | Sole Dispositive Power
322,281 | |||||
10. | Shared Dispositive Power
0 |
11. | Aggregate Amount Beneficially Owned by Each Reporting Person
322,281 | |||||
12. | Check if the Aggregate Amount in Row (11) Excludes Certain Shares
☒* | |||||
13. | Percent of Class Represented by Amount in Row (11)
1.7% | |||||
14. | Type of Reporting Person
OO |
* | Excludes 4,220,531 shares of Class A Common Stock issuable upon conversion of an equal number of shares of Class B Common Stock held by other Reporting Persons hereto as to which the Charles F. Dolan Children Trust FBO Thomas C. Dolan disclaims beneficial ownership. This report shall not be construed as an admission that such person is the beneficial owner of such securities. |
Page 15 of 42
CUSIP NO. 55825T 10 3
1. | Name of Reporting Person
Charles F. Dolan Children Trust FBO James L. Dolan | |||||
2. | Check the Appropriate Box if a Member of a Group (a) ☒ (b) ☐
| |||||
3. | SEC Use Only
| |||||
4. | Source of Funds
00, BK See Item 3 of Statement | |||||
5. | Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e)
| |||||
6. | Citizenship or Place of Organization
U.S.A. |
Number of Shares Beneficially Owned By Each Reporting Person With | 7. | Sole Voting Power
633,573 | ||||
8. | Shared Voting Power
0 | |||||
9. | Sole Dispositive Power
633,573 | |||||
10. | Shared Dispositive Power
0 |
11. | Aggregate Amount Beneficially Owned by Each Reporting Person
633,573 | |||||
12. | Check if the Aggregate Amount in Row (11) Excludes Certain Shares
☒* | |||||
13. | Percent of Class Represented by Amount in Row (11)
3.2% | |||||
14. | Type of Reporting Person
OO |
* | Excludes 3,925,193 shares of Class A Common Stock issuable upon conversion of an equal number of shares of Class B Common Stock held by other Reporting Persons hereto as to which the Charles F. Dolan Children Trust FBO James L. Dolan disclaims beneficial ownership. This report shall not be construed as an admission that such person is the beneficial owner of such securities. |
Page 16 of 42
CUSIP NO. 55825T 10 3
1. | Name of Reporting Person
Charles F. Dolan 2009 Family Trust FBO James L. Dolan | |||||
2. | Check the Appropriate Box if a Member of a Group (a) ☒ (b) ☐
| |||||
3. | SEC Use Only
| |||||
4. | Source of Funds
00, BK See Item 3 of Statement | |||||
5. | Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e)
| |||||
6. | Citizenship or Place of Organization
U.S.A. |
Number of Shares Beneficially Owned By Each Reporting Person With | 7. | Sole Voting Power
828,908 | ||||
8. | Shared Voting Power
0 | |||||
9. | Sole Dispositive Power
828,908 | |||||
10. | Shared Dispositive Power
0 |
11. | Aggregate Amount Beneficially Owned by Each Reporting Person
828,908 | |||||
12. | Check if the Aggregate Amount in Row (11) Excludes Certain Shares
☒* | |||||
13. | Percent of Class Represented by Amount in Row (11)
4.1% | |||||
14. | Type of Reporting Person
OO |
* | Excludes 3,705,040 shares of Class A Common Stock issuable upon conversion of an equal number of shares of Class B Common Stock held by other Reporting Persons hereto as to which the Charles F. Dolan 2009 Family Trust FBO James L. Dolan disclaims beneficial ownership. This report shall not be construed as an admission that such person is the beneficial owner of such securities. |
Page 17 of 42
CUSIP NO. 55825T 10 3
1. | Name of Reporting Person
Charles F. Dolan 2009 Family Trust FBO Thomas C. Dolan | |||||
2. | Check the Appropriate Box if a Member of a Group (a) ☒ (b) ☐
| |||||
3. | SEC Use Only
| |||||
4. | Source of Funds
00 See Item 3 of Statement | |||||
5. | Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e)
| |||||
6. | Citizenship or Place of Organization
U.S.A. |
Number of Shares Beneficially Owned By Each Reporting Person With | 7. | Sole Voting Power
434,833 | ||||
8. | Shared Voting Power
0 | |||||
9. | Sole Dispositive Power
434,833 | |||||
10. | Shared Dispositive Power
0 |
11. | Aggregate Amount Beneficially Owned by Each Reporting Person
434,833 | |||||
12. | Check if the Aggregate Amount in Row (11) Excludes Certain Shares
☒* | |||||
13. | Percent of Class Represented by Amount in Row (11)
2.2% | |||||
14. | Type of Reporting Person
OO |
* | Excludes 4,099,115 shares of Class A Common Stock issuable upon conversion of an equal number of shares of Class B Common Stock held by other Reporting Persons hereto as to which the Charles F. Dolan 2009 Family Trust FBO Thomas C. Dolan disclaims beneficial ownership. This report shall not be construed as an admission that such person is the beneficial owner of such securities. |
Page 18 of 42
CUSIP NO. 55825T 10 3
1. | Name of Reporting Person
Charles F. Dolan 2009 Family Trust FBO Kathleen M. Dolan | |||||
2. | Check the Appropriate Box if a Member of a Group (a) ☒ (b) ☐
| |||||
3. | SEC Use Only
| |||||
4. | Source of Funds
00 See Item 3 of Statement | |||||
5. | Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e)
| |||||
6. | Citizenship or Place of Organization
U.S.A. |
Number of Shares Beneficially Owned By Each Reporting Person With | 7. | Sole Voting Power
409,833 | ||||
8. | Shared Voting Power
0 | |||||
9. | Sole Dispositive Power
409,833 | |||||
10. | Shared Dispositive Power
0 |
11. | Aggregate Amount Beneficially Owned by Each Reporting Person
409,833 | |||||
12. | Check if the Aggregate Amount in Row (11) Excludes Certain Shares
☒* | |||||
13. | Percent of Class Represented by Amount in Row (11)
2.1% | |||||
14. | Type of Reporting Person
OO |
* | Excludes 4,124,115 shares of Class A Common Stock issuable upon conversion of an equal number of shares of Class B Common Stock held by other Reporting Persons hereto as to which the Charles F. Dolan 2009 Family Trust FBO Kathleen M. Dolan disclaims beneficial ownership. This report shall not be construed as an admission that such person is the beneficial owner of such securities. |
Page 19 of 42
CUSIP NO. 55825T 10 3
1. | Name of Reporting Person
Charles F. Dolan 2009 Family Trust FBO Marianne Dolan Weber | |||||
2. | Check the Appropriate Box if a Member of a Group (a) ☒ (b) ☐
| |||||
3. | SEC Use Only
| |||||
4. | Source of Funds
00 See Item 3 of Statement | |||||
5. | Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e)
| |||||
6. | Citizenship or Place of Organization
U.S.A. |
Number of Shares Beneficially Owned By Each Reporting Person With | 7. | Sole Voting Power
430,833 | ||||
8. | Shared Voting Power
0 | |||||
9. | Sole Dispositive Power
430,833 | |||||
10. | Shared Dispositive Power
0 |
11. | Aggregate Amount Beneficially Owned by Each Reporting Person
430,833 | |||||
12. | Check if the Aggregate Amount in Row (11) Excludes Certain Shares
☒* | |||||
13. | Percent of Class Represented by Amount in Row (11)
2.2% | |||||
14. | Type of Reporting Person
OO |
* | Excludes 4,103,115 shares of Class A Common Stock issuable upon conversion of an equal number of shares of Class B Common Stock held by other Reporting Persons hereto as to which the Charles F. Dolan 2009 Family Trust FBO Marianne Dolan Weber disclaims beneficial ownership. This report shall not be construed as an admission that such person is the beneficial owner of such securities. |
Page 20 of 42
CUSIP NO. 55825T 10 3
1. | Name of Reporting Person
Charles F. Dolan 2009 Family Trust FBO Deborah A. Dolan-Sweeney | |||||
2. | Check the Appropriate Box if a Member of a Group (a) ☒ (b) ☐
| |||||
3. | SEC Use Only
| |||||
4. | Source of Funds
00 See Item 3 of Statement | |||||
5. | Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e)
| |||||
6. | Citizenship or Place of Organization
U.S.A. |
Number of Shares Beneficially Owned By Each Reporting Person With | 7. | Sole Voting Power
374,833 | ||||
8. | Shared Voting Power
0 | |||||
9. | Sole Dispositive Power
374,833 | |||||
10. | Shared Dispositive Power
0 |
11. | Aggregate Amount Beneficially Owned by Each Reporting Person
374,833 | |||||
12. | Check if the Aggregate Amount in Row (11) Excludes Certain Shares
☒* | |||||
13. | Percent of Class Represented by Amount in Row (11)
1.9% | |||||
14. | Type of Reporting Person
OO |
* | Excludes 4,159,115 shares of Class A Common Stock issuable upon conversion of an equal number of shares of Class B Common Stock held by other Reporting Persons hereto as to which the Charles F. Dolan 2009 Family Trust FBO Deborah A. Dolan-Sweeney disclaims beneficial ownership. This report shall not be construed as an admission that such person is the beneficial owner of such securities. |
Page 21 of 42
CUSIP NO. 55825T 10 3
1. | Name of Reporting Person
Ryan Dolan 1989 Trust | |||||
2. | Check the Appropriate Box if a Member of a Group (a) ☒ (b) ☐
| |||||
3. | SEC Use Only
| |||||
4. | Source of Funds
00 See Item 3 of Statement | |||||
5. | Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e)
| |||||
6. | Citizenship or Place of Organization
U.S.A. |
Number of Shares Beneficially Owned By Each Reporting Person With | 7. | Sole Voting Power
5,052 | ||||
8. | Shared Voting Power
0 | |||||
9. | Sole Dispositive Power
5,052 | |||||
10. | Shared Dispositive Power
0 |
11. | Aggregate Amount Beneficially Owned by Each Reporting Person
5,052 | |||||
12. | Check if the Aggregate Amount in Row (11) Excludes Certain Shares
☒* | |||||
13. | Percent of Class Represented by Amount in Row (11)
0.0% | |||||
14. | Type of Reporting Person
OO |
* | Excludes 4,524,465 shares of Class A Common Stock issuable upon conversion of an equal number of shares of Class B Common Stock held by other Reporting Persons hereto as to which the Ryan Dolan 1989 Trust disclaims beneficial ownership. This report shall not be construed as an admission that such person is the beneficial owner of such securities. |
Page 22 of 42
CUSIP NO. 55825T 10 3
1. | Name of Reporting Person
Tara Dolan 1989 Trust | |||||
2. | Check the Appropriate Box if a Member of a Group (a) ☒ (b) ☐
| |||||
3. | SEC Use Only
| |||||
4. | Source of Funds
00 See Item 3 of Statement | |||||
5. | Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e)
| |||||
6. | Citizenship or Place of Organization
U.S.A. |
Number of Shares Beneficially Owned By Each Reporting Person With | 7. | Sole Voting Power
5,052 | ||||
8. | Shared Voting Power
0 | |||||
9. | Sole Dispositive Power
5,052 | |||||
10. | Shared Dispositive Power
0 |
11. | Aggregate Amount Beneficially Owned by Each Reporting Person
5,052 | |||||
12. | Check if the Aggregate Amount in Row (11) Excludes Certain Shares
☒* | |||||
13. | Percent of Class Represented by Amount in Row (11)
0.0% | |||||
14. | Type of Reporting Person
OO |
* | Excludes 4,524,465 shares of Class A Common Stock issuable upon conversion of an equal number of shares of Class B Common Stock held by other Reporting Persons hereto as to which the Tara Dolan 1989 Trust disclaims beneficial ownership. This report shall not be construed as an admission that such person is the beneficial owner of such securities. |
Page 23 of 42
CUSIP NO. 55825T 10 3
1. | Name of Reporting Person
Charles F. Dolan 2018 Grantor Retained Annuity Trust #1M | |||||
2. | Check the Appropriate Box if a Member of a Group (a) ☒ (b) ☐
| |||||
3. | SEC Use Only
| |||||
4. | Source of Funds
00 See Item 3 of Statement | |||||
5. | Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e)
| |||||
6. | Citizenship or Place of Organization
U.S.A. |
Number of Shares Beneficially Owned By Each Reporting Person With | 7. | Sole Voting Power
112,693 | ||||
8. | Shared Voting Power
0 | |||||
9. | Sole Dispositive Power
112,693 | |||||
10. | Shared Dispositive Power
0 |
11. | Aggregate Amount Beneficially Owned by Each Reporting Person
112,693 | |||||
12. | Check if the Aggregate Amount in Row (11) Excludes Certain Shares
☒* | |||||
13. | Percent of Class Represented by Amount in Row (11)
0.6% | |||||
14. | Type of Reporting Person
OO |
* | Excludes 4,416,824 shares of Class A Common Stock issuable upon conversion of an equal number of shares of Class B Common Stock held by other Reporting Persons hereto as to which the Charles F. Dolan 2018 Grantor Retained Annuity Trust #1M disclaims beneficial ownership. This report shall not be construed as an admission that such person is the beneficial owner of such securities. |
Page 24 of 42
CUSIP NO. 55825T 10 3
1. | Name of Reporting Person
Helen A. Dolan 2018 Grantor Retained Annuity Trust #1M | |||||
2. | Check the Appropriate Box if a Member of a Group (a) ☒ (b) ☐
| |||||
3. | SEC Use Only
| |||||
4. | Source of Funds
00 See Item 3 of Statement | |||||
5. | Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e)
| |||||
6. | Citizenship or Place of Organization
U.S.A. |
Number of Shares Beneficially Owned By Each Reporting Person With | 7. | Sole Voting Power
112,692 | ||||
8. | Shared Voting Power
0 | |||||
9. | Sole Dispositive Power
112,692 | |||||
10. | Shared Dispositive Power
0 |
11. | Aggregate Amount Beneficially Owned by Each Reporting Person
112,692 | |||||
12. | Check if the Aggregate Amount in Row (11) Excludes Certain Shares
☒* | |||||
13. | Percent of Class Represented by Amount in Row (11)
0.6% | |||||
14. | Type of Reporting Person
OO |
* | Excludes 4,416,825 shares of Class A Common Stock issuable upon conversion of an equal number of shares of Class B Common Stock held by other Reporting Persons hereto as to which the Helen A. Dolan 2018 Grantor Retained Annuity Trust #1M disclaims beneficial ownership. This report shall not be construed as an admission that such person is the beneficial owner of such securities. |
Page 25 of 42
AMENDMENT NO. 3 TO SCHEDULE 13D
This Amendment No. 3 to Schedule 13D (Amendment No. 3) is being filed jointly by the individuals (in their individual capacity and/or as trustee or co-trustee of specified trusts) and trusts listed in Item 2(a) below (the Group Members) who may be deemed to beneficially own all of the shares of Class B Common Stock of The Madison Square Garden Company (the Issuer), par value $.01 per share (the Class B Common Stock), which are convertible share for share at the option of the holder into Class A Common Stock of the Issuer, par value $.01 per share (the Class A Common Stock, and together with the Class B Common Stock, the Common Stock), and a certain number of shares of Class A Common Stock, in each case as described herein to add two new trusts, the Charles F. Dolan 2018 Grantor Retained Annuity Trust #1M and Helen A. Dolan 2018 Grantor Retained Annuity Trust #1M, as Group Members (the New Group Members).
The Schedule 13D (the Schedule) filed by the original Group Members on October 9, 2015, as amended and supplemented by Amendment No. 1 filed on September 13, 2016, Amendment No. 2 filed on December 26, 2017, is hereby amended and supplemented by the Reporting Persons as set forth below in this Amendment No. 3.
Item 2 | Identity and Background |
The disclosure in Item 2(a) is hereby amended to read in its entirety as follows:
(a) The names of the Reporting Persons who are Group Members are: Charles F. Dolan, individually and as Trustee of the Charles F. Dolan 2018 Grantor Retained Annuity Trust #1M (the CFD 2018 GRAT #1M) and as a Trustee of the Charles F. Dolan 2009 Revocable Trust (the CFD 2009 Trust); Helen A. Dolan, individually and as Trustee of the Helen A. Dolan 2018 Grantor Retained Annuity Trust #1M (the HAD 2018 GRAT #1M) and as a Trustee of the Helen A. Dolan 2009 Revocable Trust (the HAD 2009 Trust); James L. Dolan; Thomas C. Dolan; Kathleen M. Dolan, individually and as a Trustee of the Charles F. Dolan Children Trust FBO Kathleen M. Dolan, the Charles F. Dolan Children Trust FBO Deborah Dolan-Sweeney, the Charles F. Dolan Children Trust FBO Marianne Dolan Weber, the Charles F. Dolan Children Trust FBO Thomas C. Dolan and the Charles F. Dolan Children Trust FBO James L. Dolan (hereinafter collectively referred to as the Dolan Children Trusts and individually, a Dolan Children Trust), and as sole Trustee of the Ryan Dolan 1989 Trust and Tara Dolan 1989 Trust; Marianne E. Dolan Weber; Deborah A. Dolan-Sweeney; CFD 2009 Trust; HAD 2009 Trust; Dolan Children Trust FBO Kathleen M. Dolan; Dolan Children Trust FBO Marianne Dolan Weber; Dolan Children Trust FBO Deborah Dolan-Sweeney; Dolan Children Trust FBO James L. Dolan; Dolan Children Trust FBO Thomas C. Dolan; the Charles F. Dolan 2009 Family Trust FBO James L. Dolan; the Charles F. Dolan 2009 Family Trust FBO Thomas C. Dolan; the Charles F. Dolan 2009 Family Trust FBO Kathleen M. Dolan; the Charles F. Dolan 2009 Family Trust FBO Marianne E. Dolan Weber; the Charles F. Dolan 2009 Family Trust FBO Deborah A. Dolan-Sweeney; Ryan Dolan 1989 Trust; Tara Dolan 1989 Trust; CFD 2018 GRAT #1M; and HAD 2018 GRAT #1M. The Reporting Persons also include David M. Dolan, as a Trustee of the Charles F. Dolan 2009 Family Trust FBO Thomas C. Dolan, the Charles F. Dolan 2009 Family Trust FBO James L. Dolan, the Charles F. Dolan 2009 Family Trust FBO Marianne E. Dolan Weber, the Charles F. Dolan 2009 Family Trust FBO Kathleen M. Dolan and the Charles F. Dolan 2009 Family Trust FBO Deborah A. Dolan-Sweeney (collectively, the 2009 Family Trusts and individually, a 2009 Family Trust) and Mary S. Dolan, as a Trustee of the Dolan Children Trusts FBO Deborah Dolan-Sweeney and each of the 2009 Family Trusts.
The disclosure in Item 2(b) is hereby amended by adding the New Group Members at the end thereof as follows:
Trusts:
CFD 2018 GRAT #1M is a trust established under the laws of the State of New York for the benefit of Charles F. Dolan and has an address of c/o Dolan Family Office, attention: President, 340 Crossways Park Drive, Woodbury, New York 11797. Charles F. Dolan is the sole trustee of the CFD 2018 GRAT #1M.
Page 26 of 42
HAD 2018 GRAT #1M is a trust established under the laws of the State of New York for the benefit of Helen A. Dolan and has an address of c/o Dolan Family Office, attention: President, 340 Crossways Park Drive, Woodbury, New York 11797. Helen A. Dolan is the sole trustee of the HAD 2018 GRAT #1M.
The disclosure in Item 2(d) is hereby amended by adding the following at the end thereof:
Neither New Group Member, during the last five years, has been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors).
The disclosure in Item 2(e) is hereby amended by adding the following at the end thereof:
Neither New Group Member, during the last five years, has been a party to a civil proceeding of a judicial body of competent jurisdiction and as a result of such proceeding was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws.
Item 3 | Source and Amount of Funds or Other Consideration |
The disclosure in Item 3 is hereby amended by adding the following at the end thereof:
The CFD 2018 GRAT #1M was formed by Charles F. Dolan on December 3, 2018, and on December 7, 2018, the CFD 2009 Trust contributed the number of shares of the Issuers Class B Common Stock indicated as owned by the GRAT in Item 5 of this Amendment No. 3 to Schedule 13D to the GRAT.
The HAD 2018 GRAT #1M was formed by Helen A. Dolan on December 3, 2018, and on December 7, 2018, the HAD 2009 Trust contributed the number of shares of the Issuers Class B Common Stock indicated as owned by the GRAT in Item 5 of this Amendment No. 3 to Schedule 13D to the GRAT. The HAD 2009 Trust received the shares contributed to the HAD 2018 GRAT #1M from a contribution by the CFD 2009 Trust made on December 7, 2018.
No funds were exchanged in connection with any of the foregoing transfers of shares of the Issuers Class B Common Stock.
Please see Item 5(c) for additional information regarding the transactions effected on December 7, 2018. The information with respect to these transactions is incorporated by reference herein.
Item 4 | Purpose of Transaction |
The disclosure in Item 4 is hereby amended by adding the following to the end thereof:
Each of the transactions described in Item 3 above effected by Charles F. Dolan and Helen A. Dolan on December 7, 2018 was effected for estate planning purposes for Charles F. Dolan and Helen A. Dolan.
Item 5 | Interest in Securities of the Issuer |
The disclosure in Item 5(a) and (b) is hereby amended and restated to read in its entirety as follows:
(a) and (b) the Group Members may be deemed to beneficially own an aggregate of 5,081,004 shares of Class A Common Stock as a result of their beneficial ownership of (i) 551,487 shares of Class A Common Stock, and (ii) 4,529,517 shares of Class A Common Stock issuable upon conversion of an equal number of shares of Class B Common Stock. This aggregate amount represents approximately 21.4% of the total shares of the Issuers common stock currently outstanding. Group Members in the
Page 27 of 42
aggregate may be deemed to have the current shared power to vote or direct the vote of and to dispose of or direct the disposition of 4,529,517 shares of Class A Common Stock issuable upon conversion of an equal number of shares of Class B Common Stock (representing all outstanding Class B Common Stock) because of the terms of the Class B Stockholders Agreement. Reporting Persons and individuals who are not Group Members but are trustees of trusts that are Group Members may be deemed to beneficially own an additional 140,941 shares of Class A Common Stock. Each of the Reporting Persons disclaims beneficial ownership of the securities held by the other Reporting Persons, and this report shall not be deemed to be an admission that such person is the beneficial owner of such securities.
The percentages used herein are calculated based on the shares of Class A Common Stock issued and outstanding on October 31, 2018, as reported in the Issuers annual report on Form 10-Q for the quarterly period ended September 30, 2018 filed by the Issuer with the Securities and Exchange Commission..
Charles F. Dolan may be deemed to beneficially own an aggregate of 2,868,334 shares of Class A Common Stock, including (i) 185,864 shares of Class A Common Stock and (ii) 2,682,470 shares of Class A Common Stock issuable upon conversion of an equal number of shares of Class B Common Stock. This aggregate amount represents approximately 13.1% of the shares of Class A Common Stock currently outstanding. He may be deemed to have (a) the sole power to vote or direct the vote of and to dispose of or to direct the disposition of 112,693 shares of Class A Common Stock issuable upon conversion of an equal number of shares of Class B Common Stock owned of record by the CFD 2018 GRAT #1M, and (b) the current shared power to vote or direct the vote of and to dispose of or direct the disposition of 2,755,641 shares of Class A Common Stock (including 33,572 shares of Class A Common Stock owned of record by the CFD 2009 Trust, 130,137 shares of Class A Common Stock owned of record by the Dolan Family Foundation, 22,155 shares of Class A Common Stock owned of record by the 2009 Family Trusts, and 2,569,777 shares of Class A Common Stock issuable upon conversion of an equal number of shares of Class B Common Stock, including 112,692 shares of Class B Common Stock owned of record by the HAD 2018 GRAT #1M and 2,457,085 shares of Class B Common Stock owned of record by the 2009 Family Trusts). He disclaims beneficial ownership of 33,572 shares of Class A Common Stock owned of record by the CFD 2009 Trust, 130,137 shares of Class A Common Stock owned of record by the Dolan Family Foundation and 22,155 shares of Class A Common Stock owned of record by the 2009 Family Trusts, and 2,569,777 shares of Class A Common Stock issuable upon conversion of an equal number of shares of Class B Common Stock, including 112,692 shares of Class B Common Stock owned of record by the HAD 2018 GRAT #1M and 2,457,085 shares of Class B Common Stock owned of record by the 2009 Family Trusts, and this report shall not be deemed to be an admission that such person is the beneficial owner of such securities.
Helen A. Dolan may be deemed to beneficially own an aggregate of 2,868,334 shares of Class A Common Stock, including (i) 185,864 shares of Class A Common Stock and (ii) 2,682,470 shares of Class A Common Stock issuable upon conversion of an equal number of shares of Class B Common Stock. This aggregate amount represents approximately 13.1% of the shares of Class A Common Stock currently outstanding. She may be deemed to have(a) the sole power to vote or direct the vote of and to dispose of or to direct the disposition of 112,692 shares of Class A Common Stock issuable upon conversion of an equal number of shares of Class B Common Stock owned of record by the HAD 2018 GRAT #1M, and (b) the current shared power to vote or direct the vote of and to dispose of or direct the disposition of 2,755,642 shares of Class A Common Stock (including 130,137 shares of Class A Common Stock owned of record by the Dolan Family Foundation, 22,155 shares of Class A Common Stock owned of record by the 2009 Family Trusts, 33,572 shares of Class A Common Stock owned of record by the CFD 2009 Trust, and 2,569,778 shares of Class A Common Stock issuable upon conversion of an equal number of shares of Class B Common Stock, including 112,693 shares of Class B Common Stock owned of record by the CFD 2018 GRAT #1M and 2,457,085 shares of Class B Common Stock owned of record by the 2009 Family Trusts). She disclaims beneficial ownership of 130,137 shares of Class A Common Stock owned of record by the Dolan Family Foundation, 22,155 shares of Class A Common Stock owned of record by the 2009 Family Trusts, 33,572 shares of Class A Common Stock owned of record by the CFD 2009 Trust, and 2,569,778 shares of Class A Common Stock issuable upon conversion of an equal number of shares of Class B Common Stock, including 112,693 shares of Class B Common Stock owned of record by the CFD 2018 GRAT #1M and 2,457,085 shares of Class B Common Stock owned of record by the 2009 Family Trusts, and this report shall not be deemed to be an admission that such person is the beneficial owner of such securities.
Page 28 of 42
James L. Dolan may be deemed to beneficially own an aggregate of 802,953 shares of Class A Common Stock, including (i) 184,584 shares of Class A Common Stock and (ii) 618,369 shares of Class A Common Stock issuable upon conversion of an equal number of shares of Class B Common Stock. This aggregate amount represents approximately 4.0% of the shares of Class A Common Stock currently outstanding. He may be deemed to have (a) the sole power to vote or direct the vote of and to dispose of or to direct the disposition of 160,309 shares of Class A Common Stock (including 145,773 shares of Class A Common Stock owned of record personally, 491 shares of Class A Common Stock held as custodian for one or more minor children, and 14,045 shares of Class A Common Stock issuable upon conversion of an equal number of shares of Class B Common Stock owned of record personally) and (b) the current shared power to vote or direct the vote of and to dispose of or direct the disposition of 642,644 shares of Class A Common Stock (including 416 shares of Class A Common Stock owned jointly with his spouse, 7,604 shares of Class A Common Stock owned of record personally by his spouse, 1,051 shares of Class A Common Stock owned of record by members of his household, and 29,249 shares of Class A Common Stock owned of record by the Dolan Children Trust for his benefit and 604,324 shares of Class A Common Stock issuable upon conversion of an equal number of shares of Class B Common Stock owned of record by the Dolan Children Trust for his benefit). He disclaims beneficial ownership of 491 shares of Class A Common Stock held as custodian for one or more minor children, 7,604 shares of Class A common Stock owned of record personally by his spouse, 1,051 shares of Class A Common Stock owned of record by members of his household, and 29,249 shares of Class A Common Stock and 604,324 shares of Class A Common Stock issuable upon conversion of an equal number of shares of Class B Common Stock owned of record by the Dolan Children Trust for his benefit, and this report shall not be deemed to be an admission that such person is the beneficial owner of such securities. See Exhibit A.
Thomas C. Dolan may be deemed to beneficially own 342,033 shares of Class A Common Stock, including (i) 33,047 shares of Class A Common Stock and (ii) 308,986 shares of Class A Common Stock issuable upon conversion of an equal number of shares of Class B Common Stock. This amount represents approximately 1.8% of the shares of Class A Common Stock currently outstanding. He may be deemed to have (a) the sole power to vote or direct the vote of and to dispose of or to direct the disposition of 19,752 shares of Class A Common Stock owned of record personally and (b) the current shared power to vote or direct the vote of and to dispose of or to direct the disposition of 13,295 shares of Class A Common Stock and 308,986 shares of Class A Common Stock issuable upon conversion of an equal number of shares of Class B Common Stock owned of record by the Dolan Children Trust for his benefit. He disclaims beneficial ownership of 13,295 shares of Class A Common Stock and 308,986 shares of Class A Common Stock issuable upon conversion of an equal number of shares of Class B Common Stock owned of record by the Dolan Children Trust for his benefit, and this report shall not be deemed to be an admission that such person is the beneficial owner of such securities. See Exhibit A.
Kathleen M. Dolan may be deemed to beneficially own an aggregate of 1,958,125 shares of Class A Common Stock, including (i) 125,123 shares of Class A Common Stock and (ii) 1,833,002 shares of Class A Common Stock issuable upon conversion of an equal number of shares of Class B Common Stock. This aggregate amount represents approximately 9.3% of the shares of Class A Common Stock currently outstanding. She may be deemed to have (a) the sole power to vote or direct the vote of and to dispose of or to direct the disposition of 12,288 shares of Class A Common Stock (including 1,568 shares of Class A Common Stock owned of record personally and 616 shares of Class A Common Stock held as custodian for one or more minor children and an aggregate of 10,104 shares of Class A Common Stock issuable upon conversion of an equal number of shares of Class B Common Stock owned of record by the Ryan Dolan 1989 Trust and the Tara Dolan 1989 Trust) and (b) the current shared power to vote or direct the vote of and to dispose of or direct the disposition of 1,945,837 shares of Class A Common Stock (including 32,533 shares of Class A Common Stock owned of record by the Green Mountain Foundation Inc., an aggregate of 90,406 shares of Class A Common Stock owned of record by the Dolan Children Trusts and an aggregate of 1,822,898 shares of Class A Common Stock issuable upon conversion of an equal number of shares of Class B Common Stock owned of record by the Dolan Children Trusts). She disclaims beneficial ownership of 616 shares of Class A Common
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Stock held as custodian for one or more minor children, 32,533 shares of Class A Common Stock owned of record by the Green Mountain Foundation Inc., an aggregate of 90,406 shares of Class A Common Stock owned of record by the Dolan Children Trusts and an aggregate of 1,833,002 shares of Class A Common Stock issuable upon conversion of an equal number of shares of Class B Common Stock owned of record by the Dolan Children Trusts, the Ryan Dolan 1989 Trust and the Tara Dolan 1989 Trust, and this report shall not be deemed to be an admission that such person is the beneficial owner of such securities. See Exhibit A.
Marianne Dolan Weber may be deemed to beneficially own an aggregate of 354,000 shares of Class A Common Stock, including (i) 57,066 shares of Class A Common Stock and (ii) 296,934 shares of Class A Common Stock issuable upon conversion of an equal number of shares of Class B Common Stock. This aggregate amount represents approximately 1.8% of the shares of Class A Common Stock currently outstanding. She may be deemed to have (a) the sole power to vote or direct the vote of and to dispose of or to direct the disposition of 8,063 shares of Class A Common Stock owned of record personally, and (b) the current shared power to vote or direct the vote of and to dispose of or to direct the disposition of 345,937 shares of Class A Common Stock (including 208 shares of Class A Common Stock held of record personally by her spouse, 308 shares of Class A Common Stock held by a member of her household, 32,533 shares of Class A Common Stock owned of record by the Heartfelt Wings Foundation Inc., 15,954 shares of Class A Common Stock owned by the Dolan Children Trust for her benefit and 296,934 shares of Class A Common Stock issuable upon conversion of an equal number of shares of Class B Common Stock owned of record by the Dolan Children Trust for her benefit). She disclaims beneficial ownership of 208 shares of Class A Common Stock held of record personally by her spouse, 308 shares of Class A Common Stock held by a member of her household, 32,533 shares of Class A Common Stock owned of record by the Heartfelt Wings Foundation Inc., and 15,954 shares of Class A Common Stock and 296,934 shares of Class A Common Stock issuable upon conversion of an equal number of shares of Class B Common Stock owned of record by the Dolan Children Trust for her benefit, and this report shall not be deemed to be an admission that such person is the beneficial owner of such securities. See Exhibit A.
Deborah A. Dolan-Sweeney may be deemed to beneficially own an aggregate of 380,154 shares of Class A Common Stock, including (i) 73,827 shares of Class A Common Stock and (ii) 306,327 shares of Class A Common Stock issuable upon conversion of an equal number of shares of Class B Common Stock. This aggregate amount represents approximately 1.9% of the shares of Class A Common Stock currently outstanding. She may be deemed to have (a) the sole power to vote or direct the vote of and to dispose of or to direct the disposition of 6,872 shares of Class A Common Stock owned of record personally, and (b) the current shared power to vote or direct the vote of and to dispose of or direct the disposition of 373,282 shares of Class A Common Stock (including 15,182 shares of Class A Common Stock owned of record personally by her spouse, 2,247 shares of Class A Common Stock held by trusts for which her spouse serves as co-trustee, 33,572 shares of Class A Common Stock owned of record by the CFD 2009 Trust for which her spouse serves as co-trustee and 15,954 shares of Class A Common Stock owned of record by the Dolan Children Trust for her benefit and 306,327 shares of Class A Common Stock issuable upon conversion of an equal number of shares of Class B Common Stock owned of record by the Dolan Children Trust for her benefit). She disclaims beneficial ownership of 15,182 shares of Class A Common Stock owned of record personally by her spouse, 2,247 shares of Class A Common Stock held by trusts for which her spouse serves as co-trustee, 33,572 shares of Class A Common Stock owned of record by the CFD 2009 Trust for which her spouse serves as co-trustee and 15,954 shares of Class A Common Stock owned of record by the Dolan Children Trust for her benefit, and 306,327 shares of Class A Common Stock issuable upon conversion of an equal number of shares of Class B Common Stock owned of record by the Dolan Children Trust for her benefit, and this report shall not be deemed to be an admission that such person is the beneficial owner of such securities. See Exhibit A.
David M. Dolan may be deemed to beneficially own an aggregate of 2,586,415 shares of Class A Common Stock, including (i) 129,330 shares of Class A Common Stock and (ii) 2,457,085 shares of Class A Common Stock issuable upon conversion of an equal number of shares of Class B Common Stock. This aggregate amount represents approximately 11.9% of the shares of Class A Common Stock currently outstanding. He may be deemed to have (a) the sole power to vote or direct the vote of and to dispose of or to direct the disposition of 100,344 shares of Class A Common Stock (including 609 shares of Class A Common Stock owned of record by the David M. Dolan Revocable Trust and
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99,735 shares of Class A Common Stock owned of record by the Charles F. Dolan Charitable Remainder Trust) and (b) the current shared power to vote or direct the vote of and to dispose of or direct the disposition of 2,486,071 shares of Class A Common Stock (including 2,365 shares of Class A Common Stock owned of record by the Ann H. Dolan Revocable Trust, 279 shares of Class A Common Stock owned of record by the CFD 2012 Grandchildren Trust FBO Aidan J. Dolan, 279 shares of Class A Common Stock owned of record by the CFD 2012 Grandchildren Trust FBO Quentin F. Dolan, 279 shares of Class A Common Stock owned of record by the CFD 2012 Grandchildren Trust FBO Marianne R. Dolan, 279 shares of Class A Common Stock owned of record by the CFD 2012 Grandchildren Trust FBO Kevyn A. Dolan, 3,350 shares of Class A Common Stock owned of record by the CFD 2012 Descendants Trust, an aggregate of 22,155 shares of Class A Common Stock owned of record by the 2009 Family Trusts, and an aggregate of 2,457,085 shares of Class A Common Stock issuable upon conversion of an equal number of shares of Class B Common Stock owned of record by the 2009 Family Trusts). He disclaims beneficial ownership of 99,735 shares of Class A Common Stock owned of record by the Charles F. Dolan Charitable Remainder Trust, 2,365 shares of Class A Common Stock owned of record by the Ann H. Dolan Revocable Trust, 279 shares of Class A Common Stock owned of record by the CFD 2012 Grandchildren Trust FBO Aidan J. Dolan, 279 shares of Class A Common Stock owned of record by the CFD 2012 Grandchildren Trust FBO Quentin F. Dolan, 279 shares of Class A Common Stock owned of record by the CFD 2012 Grandchildren Trust FBO Marianne R. Dolan, 279 shares of Class A Common Stock owned of record by the CFD 2012 Grandchildren Trust FBO Kevyn A. Dolan, 3,350 shares of Class A Common Stock owned of record by the CFD 2012 Descendants Trust, an aggregate of 22,155 shares of Class A Common Stock owned of record by the 2009 Family Trusts, and an aggregate of 2,457,085 shares of Class A Common Stock issuable upon conversion of an equal number of shares of Class B Common Stock owned of record by the 2009 Family Trusts, and this report shall not be deemed to be an admission that he is the beneficial owner of such securities. See Exhibit A.
Mary S. Dolan may be deemed to beneficially own an aggregate of 2,810,864 shares of Class A Common Stock, including (i) 47,452 shares of Class A Common Stock and (ii) 2,763,412 shares of Class A Common Stock issuable upon conversion of an equal number of shares of Class B Common Stock. This aggregate amount represents approximately 12.8% of the shares of Class A Common Stock currently outstanding. She may be deemed to have (a) the sole power to vote or direct the vote and to dispose of or direct the disposition of 2,274 shares of Class A Common Stock held as custodian for one or more minor children and (b) the current shared power to vote or direct the vote of and to dispose of or direct the disposition of 2,808,590 shares of Class A Common Stock (including 2,603 shares of Class A Common Stock owned jointly with her spouse, 15,954 shares of Class A Common Stock owned of record by the Dolan Children Trust for the benefit of Deborah Dolan-Sweeney, 306,327 shares of Class A Common Stock issuable upon conversion of an equal number of shares of Class B Common Stock owned of record by the Dolan Children Trust for the benefit of Deborah Dolan-Sweeney, 279 shares of Class A Common Stock owned of record by the CFD 2012 Grandchildren Trust FBO Aidan J. Dolan, 279 shares of Class A Common Stock owned of record by the CFD 2012 Grandchildren Trust FBO Quentin F. Dolan, 279 shares of Class A Common Stock owned of record by the CFD 2012 Grandchildren Trust FBO Marianne R. Dolan, 279 shares of Class A Common Stock owned of record by the CFD 2012 Grandchildren Trust FBO Kevyn A. Dolan, 3,350 shares of Class A Common Stock owned of record by the CFD 2012 Descendants Trust, an aggregate of 22,155 shares of Class A Common Stock owned of record by the 2009 Family Trusts, and an aggregate of 2,457,085 shares of Class A Common Stock issuable upon conversion of an equal number of shares of Class B Common Stock owned of record by the 2009 Family Trusts). She disclaims beneficial ownership of 2,274 shares of Class A Common Stock held as custodian for one or more minor children, 15,954 shares of Class A Common Stock owned of record by the Dolan Children Trust for the benefit of Deborah Dolan-Sweeney, 306,327 shares of Class A Common Stock issuable upon the conversion of Class B Common Stock owned of record by the Dolan Children Trust for the benefit of Deborah Dolan-Sweeney, 279 shares of Class A Common Stock owned of record by the CFD 2012 Grandchildren Trust FBO Aidan J. Dolan, 279 shares of Class A Common Stock owned of record by the CFD 2012 Grandchildren Trust FBO Quentin F. Dolan, 279 shares of Class A Common Stock owned of record by the CFD 2012 Grandchildren Trust FBO Marianne R. Dolan, 279 shares of Class A Common Stock owned of record by the CFD 2012 Grandchildren Trust FBO Kevyn A. Dolan, 3,350 shares of Class A Common Stock owned of record by the CFD 2012 Descendants Trust, an aggregate of 22,155 shares of Class A Common Stock owned of record by the 2009 Family Trusts, and an aggregate of 2,457,085 shares of Class A Common Stock issuable upon conversion of an equal number of shares of Class B Common Stock owned of record by the 2009 Family Trusts, and this report shall not be deemed to be an admission that such person is the beneficial owner of such securities. See Exhibit A.
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The Charles F. Dolan 2009 Revocable Trust may be deemed to beneficially own an aggregate of 33,572 shares of Class A Common Stock. Charles F. Dolan and Brian G. Sweeney are the trustees and have the shared power to vote and dispose of the shares held by the trust. The information contained on page 11 of this Schedule 13D is hereby incorporated by reference. See Exhibit A.
The Charles F. Dolan Children Trust FBO Kathleen M. Dolan may be deemed to beneficially own an aggregate of 322,281 shares of Class A Common Stock, including (i) 15,954 shares of Class A Common Stock and (ii) 306,327 shares of Class A Common Stock issuable upon conversion of an equal number of shares of Class B Common Stock. Kathleen M. Dolan and Paul J. Dolan are the trustees and have the shared power to vote and dispose of the shares held by the trust. The information contained on page 12 of this Schedule 13D is hereby incorporated by reference.
The Charles F. Dolan Children Trust FBO Deborah Dolan-Sweeney may be deemed to beneficially own an aggregate of 322,281 shares of Class A Common Stock, including (i) 15,954 shares of Class A Common Stock and (ii) 306,327 shares of Class A Common Stock issuable upon conversion of an equal number of shares of Class B Common Stock. Kathleen M. Dolan and Mary S. Dolan are the trustees and have the shared power to vote and dispose of the shares held by the trust. The information contained on page 13 of this Schedule 13D is hereby incorporated by reference.
The Charles F. Dolan Children Trust FBO Marianne Dolan Weber may be deemed to beneficially own an aggregate of 312,888 shares of Class A Common Stock, including (i) 15,954 shares of Class A Common Stock and (ii) 296,934 shares of Class A Common Stock issuable upon conversion of an equal number of shares of Class B Common Stock. Kathleen M. Dolan and Matthew J. Dolan are the trustees and have the shared power to vote and dispose of the shares held by the trust. The information contained on page 14 of this Schedule 13D is hereby incorporated by reference.
The Charles F. Dolan Children Trust FBO Thomas C. Dolan may be deemed to beneficially own an aggregate of 322,281 shares of Class A Common Stock, including (i) 13,295 shares of Class A Common Stock and (ii) 308,986 shares of Class A Common Stock issuable upon conversion of an equal number of shares of Class B Common Stock. Kathleen M. Dolan and Matthew J. Dolan are the trustees and have the shared power to vote and dispose of the shares held by the trust. The information contained on page 15 of this Schedule 13D is hereby incorporated by reference.
The Charles F. Dolan Children Trust FBO James L. Dolan may be deemed to beneficially own an aggregate of 633,573 shares of Class A Common Stock, including (i) 29,249 shares of Class A Common Stock and (ii) 604,324 shares of Class A Common Stock issuable upon conversion of an equal number of shares of Class B Common Stock. Kathleen M. Dolan and Paul J. Dolan are the trustees and have the shared power to vote and dispose of the shares held by the trust. The information contained on page 16 of this Schedule 13D is hereby incorporated by reference.
The 2009 Family Trust FBO James L. Dolan may be deemed to beneficially own an aggregate of 828,908 shares of Class A Common Stock, including (i) 4,431 shares of Class A Common Stock and (ii) 824,477 shares of Class A Common Stock issuable upon conversion of an equal number of shares of Class B Common Stock. David M. Dolan and Mary S. Dolan are the trustees and have the shared power to vote and dispose of the shares held by the trust. Charles F. Dolan may be deemed to share power to direct the disposition of the shares held by the trust because he has the right to substitute assets with the trust, subject to the trustees reasonable satisfaction that the substitute assets received by the trust are of equal value to the trust property exchanged therefor. The information contained on page 17 of this Schedule 13D is hereby incorporated by reference.
The 2009 Family Trust FBO Thomas C. Dolan may be deemed to beneficially own an aggregate of 434,833 shares of Class A Common Stock, including (i) 4,431 shares of Class A Common Stock and (ii) 430,402 shares of Class A Common Stock issuable upon conversion of an equal number of shares of Class B Common Stock. David M. Dolan and Mary S. Dolan are the trustees and have the shared power to vote and dispose of the shares held by the trust. Charles F. Dolan may be deemed to share
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power to direct the disposition of the shares held by the trust because he has the right to substitute assets with the trust, subject to the trustees reasonable satisfaction that the substitute assets received by the trust are of equal value to the trust property exchanged therefor. The information contained on page 18 of this Schedule 13D is hereby incorporated by reference.
The 2009 Family Trust FBO Kathleen M. Dolan may be deemed to beneficially own an aggregate of 409,833 shares of Class A Common Stock, including (i) 4,431 shares of Class A Common Stock and (ii) 405,402 shares of Class A Common Stock issuable upon conversion of an equal number of shares of Class B Common Stock. David M. Dolan and Mary S. Dolan are the trustees and have the shared power to vote and dispose of the shares held by the trust. Charles F. Dolan may be deemed to share power to direct the disposition of the shares held by the trust because he has the right to substitute assets with the trust, subject to the trustees reasonable satisfaction that the substitute assets received by the trust are of equal value to the trust property exchanged therefor. The information contained on page 19 of this Schedule 13D is hereby incorporated by reference.
The 2009 Family Trust FBO Marianne E. Dolan Weber may be deemed to beneficially own an aggregate of 430,833 shares of Class A Common Stock, including (i) 4,431 shares of Class A Common Stock and (ii) 426,402 shares of Class A Common Stock issuable upon conversion of an equal number of shares of Class B Common Stock. David M. Dolan and Mary S. Dolan are the trustees and have the shared power to vote and dispose of the shares held by the trust. Charles F. Dolan may be deemed to share power to direct the disposition of the shares held by the trust because he has the right to substitute assets with the trust, subject to the trustees reasonable satisfaction that the substitute assets received by the trust are of equal value to the trust property exchanged therefor. The information contained on page 20 of this Schedule 13D is hereby incorporated by reference.
The 2009 Family Trust FBO Deborah A. Dolan-Sweeney may be deemed to beneficially own an aggregate of 374,833 shares of Class A Common Stock, including (i) 4,431 shares of Class A Common Stock and (ii) 370,402 shares of Class A Common Stock issuable upon conversion of an equal number of shares of Class B Common Stock. David M. Dolan and Mary S. Dolan are the trustees and have the shared power to vote and dispose of the shares held by the trust. Charles F. Dolan may be deemed to share power to direct the disposition of the shares held by the trust because he has the right to substitute assets with the trust, subject to the trustees reasonable satisfaction that the substitute assets received by the trust are of equal value to the trust property exchanged therefor. The information contained on page 21 of this Schedule 13D is hereby incorporated by reference.
The Ryan Dolan 1989 Trust may be deemed to beneficially own an aggregate of 5,052 shares of Class A Common Stock issuable upon conversion of an equal number of shares of Class B Common Stock. Kathleen M. Dolan is the trustee and has the sole power to vote and dispose of the shares held by the trust. The information contained on page 22 of this Schedule 13D is hereby incorporated by reference.
The Tara Dolan 1989 Trust may be deemed to beneficially own an aggregate of 5,052 shares of Class A Common Stock issuable upon conversion of an equal number of shares of Class B Common Stock. Kathleen M. Dolan is the trustee and has the sole power to vote and dispose of the shares held by the trust. The information contained on page 23 of this Schedule 13D is hereby incorporated by reference.
The Charles F. Dolan 2018 Grantor Retained Annuity Trust #1M may be deemed to beneficially own an aggregate of 112,693 shares of Class A Common Stock issuable upon conversion of an equal number of shares of Class B Common Stock. Charles F. Dolan is the trustee and has the sole power to vote and dispose of the shares held by the trust. The information contained on page 24 of this Schedule 13D is hereby incorporated by reference.
The Helen A. Dolan 2018 Grantor Retained Annuity Trust #1M may be deemed to beneficially own an aggregate of 112,692 shares of Class A Common Stock issuable upon conversion of an equal number of shares of Class B Common Stock. Charles F. Dolan is the trustee and has the sole power to vote and dispose of the shares held by the trust. The information contained on page 25 of this Schedule 13D is hereby incorporated by reference.
Paul J. Dolan may be deemed to beneficially own an aggregate of 987,882 shares of Class A Common Stock, including (i) 77,231 shares of Class A Common Stock, and (ii) 910,651 shares of Class A
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Common Stock issuable upon conversion of an equal number of shares of Class B Common Stock. This aggregate amount represents approximately 4.9% of the shares of Class A Common Stock currently outstanding. He may be deemed to have (a) the sole power to vote or direct the vote of and to dispose of or to direct the disposition of 32,028 shares of Class A Common Stock (including 1,548 shares of Class A Common Stock held as custodian for one or more minor children and 30,480 shares of Class A Common Stock owned of record by the CFD Trust No. 10) and (b) the current shared power to vote or direct the vote of and to dispose of or direct the disposition of 955,854 shares of Class A Common Stock (including an aggregate of 45,203 shares of Class A Common Stock owned of record by the Dolan Children Trusts for the benefit of Kathleen M. Dolan and James L. Dolan, and an aggregate of 910,651 shares of Class A Common Stock issuable upon conversion of an equal number of shares of Class B Common Stock owned of record by the Dolan Children Trusts for the benefit of Kathleen M. Dolan and James L. Dolan). He disclaims beneficial ownership of 1,548 shares of Class A Common Stock held as custodian for one or more minor children, 30,480 shares of Class A Common Stock owned of record by the CFD Trust No. 10, an aggregate of 45,203 shares of Class A Common Stock owned of record by the Dolan Children Trusts for the benefit of Kathleen M. Dolan and James L. Dolan, and an aggregate of 910,651 shares of Class B Common Stock owned of record by the Dolan Children Trusts for the benefit of Kathleen M. Dolan and James L. Dolan, and this report shall not be deemed to be an admission that he is the beneficial owner of such securities. See Exhibit A.
Matthew J. Dolan may be deemed to beneficially own an aggregate of 636,496 shares of Class A Common Stock, including (i) 30,576 shares of Class A Common Stock and (ii) 605,920 shares of Class A Common Stock issuable upon conversion of an equal number of shares of Class B Common Stock. This aggregate amount represents approximately 3.2% of the shares of Class A Common Stock currently outstanding. He may be deemed to have (a) the sole power to vote or direct the vote of and to dispose of or to direct the disposition of 795 shares of Class A Common Stock (including 408 shares of Class A Common Stock owned of record personally and 387 shares of Class A Common Stock held as custodian for a minor child) and (b) the current shared power to vote or direct the vote of and to dispose of or direct the disposition of 635,701 shares of Class A Common Stock (including 316 shares of Class A Common Stock owned jointly with his spouse, 216 shares of Class A Common Stock held by his spouse as custodian for a minor child and an aggregate of 29,249 shares of Class A Common stock owned of record by the Dolan Children Trusts for the benefit of Marianne Dolan Weber and Thomas C. Dolan and an aggregate of 605,920 shares of Class A Common Stock issuable upon conversion of an equal number of shares of Class B Common Stock owned of record by the Dolan Children Trusts for the benefit of Marianne Dolan Weber and Thomas C. Dolan). He disclaims beneficial ownership of 387 shares of Class A Common Stock held as custodian for a minor child, 216 shares of Class A Common Stock held by his spouse as custodian for a minor child and an aggregate of 29,249 shares of Class A Common Stock owned of record by the Dolan Children Trusts for the benefit of Marianne Dolan Weber and Thomas C. Dolan and an aggregate of 605,920 shares of Class A Common Stock issuable upon conversion of an equal number of shares of Class B Common Stock owned of record by the Dolan Children Trusts for the benefit of Marianne Dolan Weber and Thomas C. Dolan, and this report shall not be deemed to be an admission that such person is the beneficial owner of such securities. See Exhibit A.
Brian G.-Sweeney may be deemed to beneficially own an aggregate of 380,154 shares of Class A Common Stock, including (i) 73,827 shares of Class A Common Stock and (ii) 306,327 shares of Class A Common Stock issuable upon conversion of an equal number of shares of Class B Common Stock. This aggregate amount represents approximately 1.9% of the shares of Class A Common Stock currently outstanding. He may be deemed to have (a) the sole power to vote or direct the vote of and to dispose of or to direct the disposition of 15,182 shares of Class A Common Stock owned of record personally, and (b) the current shared power to vote or direct the vote of and to dispose of or direct the disposition of 364,972 shares of Class A Common Stock (including 6,872 shares of Class A Common Stock owned of record personally by his spouse, 2,247 shares of Class A Common Stock held by trusts for which he serves as co-trustee, 33,572 shares of Class A Common Stock owned of record by the CFD 2009 Trust for which he serves as co-trustee and 15,954 shares of Class A Common Stock owned of record by the Dolan Children Trust for the benefit of his spouse, and 306,327 shares of Class A Common Stock issuable upon conversion of an equal number of shares of Class B Common Stock owned of record by the Dolan Children Trust for the benefit of his spouse). He disclaims beneficial ownership of 6,872 shares of Class A Common Stock owned of record personally by his spouse, 2,247
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shares of Class A Common Stock held by trusts for which he serves as co-trustee, 33,572 shares of Class A Common Stock owned of record by the CFD 2009 Trust for which he serves as co-trustee and 15,954 shares of Class A Common Stock owned of record by the Dolan Children Trust for the benefit of his spouse, and 306,327 shares of Class B Common Stock owned of record by the Dolan Children Trust for the benefit of his spouse, and this report shall not be deemed to be an admission that such person is the beneficial owner of such securities. See Exhibit A.
(c) The following transactions in the Issuers Securities have been effected by Group Members within the 60 days prior to this filing:
On December 6, 2018, each of Charles F. Dolan, Thomas C. Dolan, Marianne E. Dolan Weber, Kristin A. Dolan, James L. Dolans spouse, and Brian G. Sweeney, Deborah A. Dolan-Sweeneys spouse, received a grant of 416 restricted stock units. The restricted stock units are fully vested on the date of the grant and will be settled in stock or in cash on the first business day 90 days after service on the Board of Directors ceases.
On December 7, 2018, Charles F. Dolan and Helen A. Dolan (through their respective revocable trusts) contributed the number of shares of Class B Common Stock listed in the table below to the Grantor Retained Annuity Trust listed in the table below. Prior to the contributions below, 112,692 shares held by the CFD 2009 Trust were contributed to the HAD 2009 Trust. No funds were exchanged in connection with any of the transfers of shares of the Issuers Class B Common Stock.
Transferor | Number of shares of Class B Common Stock | Transferee | ||
Charles F. Dolan 2009 Revocable Trust | 112,693 | Charles F. Dolan 2018 GRAT #1M | ||
Helen A. Dolan 2009 Revocable Trust | 112,692 | Helen A. Dolan 2018 GRAT #1M |
Item 6 | Contracts, Arrangements, Understandings or Relationships with respect to Securities of the Issuer |
Item 6 is hereby amended and supplemented as follows:
On December 7, 2018, the Charles F. Dolan 2018 GRAT #1M and the Helen A. Dolan 2018 GRAT #1M became parties to the Class B Stockholders Agreement.
Item 7 | Material to be Filed as an Exhibit. |
The disclosure in Item 7 is hereby supplemented by adding the following in appropriate numerical order:
Exhibit B.3: Joint Filing Agreement, dated December 11, 2018.
Exhibit C.3: Powers of Attorney for each of:
Charles F. Dolan 2018 Grantor Retained Annuity Trust #1M.
Helen A. Dolan 2018 Grantor Retained Annuity Trust #1M.
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Signature.
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this Statement is true, complete and correct.
Date: December 11, 2018
CHARLES F. DOLAN, individually, and as Trustee of the Charles F. Dolan 2018 Grantor Retained Annuity Trust #1M and as a Trustee of the Charles F. Dolan 2009 Revocable Trust |
* |
Charles F. Dolan |
HELEN A. DOLAN, individually, and as Trustee of the Helen A. Dolan 2018 Grantor Retained Annuity Trust #1M |
* |
Helen A. Dolan |
JAMES L. DOLAN, individually |
/s/ James L. Dolan |
James L. Dolan |
THOMAS C. DOLAN, individually |
/s/ Thomas C. Dolan |
Thomas C. Dolan |
MARIANNE E. DOLAN WEBER, individually |
* |
Marianne Dolan Weber |
DEBORAH A. DOLAN-SWEENEY, individually |
* |
Deborah A. Dolan-Sweeney |
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KATHLEEN M. DOLAN, individually, and as a Trustee of the Charles F. Dolan Children Trust FBO Kathleen M. Dolan, the Charles F. Dolan Children Trust FBO Deborah Dolan-Sweeney, the Charles F. Dolan Children Trust FBO Marianne Dolan Weber, the Charles F. Dolan Children Trust FBO Thomas C. Dolan and the Charles F. Dolan Children Trust FBO James L. Dolan, and as Trustee of the Ryan Dolan 1989 Trust and the Tara Dolan 1989 Trust |
* |
Kathleen M. Dolan |
CHARLES F. DOLAN 2009 REVOCABLE TRUST |
/s/ Brian G. Sweeney |
By: Brian G. Sweeney, Trustee |
* |
By: Charles F. Dolan, Trustee |
CHARLES F. DOLAN CHILDREN TRUST FBO KATHLEEN M. DOLAN |
CHARLES F. DOLAN CHILDREN TRUST FBO JAMES L. DOLAN |
* |
By: Paul J. Dolan, Trustee |
CHARLES F. DOLAN CHILDREN TRUST FBO MARIANNE DOLAN WEBER |
CHARLES F. DOLAN CHILDREN TRUST FBO THOMAS C. DOLAN |
* |
By: Matthew J. Dolan, Trustee |
CHARLES F. DOLAN CHILDREN TRUST FBO DEBORAH DOLAN-SWEENEY |
* |
By: Mary S. Dolan, Trustee |
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CFD 2009 FAMILY TRUST FBO KATHLEEN M. DOLAN |
CFD 2009 FAMILY TRUST FBO DEBORAH A. DOLAN-SWEENEY |
CFD 2009 FAMILY TRUST FBO MARIANNE E. DOLAN WEBER |
CFD 2009 FAMILY TRUST FBO THOMAS C. DOLAN |
CFD 2009 FAMILY TRUST FBO JAMES L. DOLAN |
* |
By: Mary S. Dolan, Trustee |
* |
By: David M. Dolan, Trustee |
DAVID M. DOLAN, as a Trustee of the Charles F. Dolan 2009 Family Trust FBO James L. Dolan, the Charles F. Dolan 2009 Family Trust FBO Thomas C. Dolan, the Charles F. Dolan 2009 Family Trust FBO Kathleen M. Dolan, the Charles F. Dolan 2009 Family Trust FBO Marianne E. Dolan Weber and the Charles F. Dolan 2009 Family Trust FBO Deborah A. Dolan-Sweeney |
* |
David M. Dolan |
MARY S. DOLAN, as a Trustee of the Charles F. Dolan Children Trust FBO Deborah Dolan-Sweeney, the Charles F. Dolan 2009 Family Trust FBO James L. Dolan, the Charles F. Dolan 2009 Family Trust FBO Thomas C. Dolan, the Charles F. Dolan 2009 Family Trust FBO Kathleen M. Dolan, the Charles F. Dolan 2009 Family Trust FBO Marianne E. Dolan Weber and the Charles F. Dolan 2009 Family Trust FBO Deborah A. Dolan-Sweeney |
* |
Mary S. Dolan |
*By: | /s/ Brian G. Sweeney | |
Brian G. Sweeney | ||
as Attorney-in-Fact |
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