Unregistered Sales of Equity Securities and Use of Proceeds
−Removed: As of March 31, 2022, the Company had approximately $260 million remaining under the $525 million Class A Common Stock share repurchase program authorized by the Company’s board of directors on September 11, 2015.
−Removed: Under the authorization, shares of Class A Common Stock may be purchased from time to time in accordance with applicable insider trading and other securities laws and regulations, with the timing and amount of purchases depending on market conditions and other factors.
−Removed: The Company has been funding and expects to continue to fund stock repurchases through a combination of cash on hand and cash generated by operations.
−Removed: During the three months ended March 31, 2022, the Company did not engage in any share repurchase activity under its share repurchase program.
+Added: As of September 30, 2022, the Company had approximately $260 million remaining under the $525 million Class A Common Stock share repurchase program authorized by the Company’s board of directors effective on October 1, 2015.
+Added: Under the authorization, shares of Class A Common Stock may be purchased from time to time in open market or private transactions, block trades or such other manner as the Company may determine, in accordance with applicable insider trading and other securities laws and regulations, with the timing and amount of purchases depending on market conditions and other factors.
+Added: The Company has been funding and expects to continue to fund stock repurchases through a combination of cash on hand, available borrowing capacity under our existing credit facilities and cash generated by operations.
+Added: During the three months ended September 30, 2022, the Company did not engage in any share repurchase activity under its share repurchase program.
(a) Index to Exhibits
−Removed: Employment Agreement dated March 17, 2022, between Madison Square Garden Sports Corp.
−Removed: and Jamaal Lesane.
+Added: Employment Agreement dated September 9, 2022, between Madison Square Garden Sports Corp.
+Added: and David Hopkinson (incorporated by reference to Exhibit 10.1 to the Company's Current Report on Form 8-K filed on September 9, 2022)†
Certification by the Chief Executive Officer Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.
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101 The following materials from Madison Square Garden Sports Corp.
−Removed: Quarterly Report on Form 10-Q for the quarter ended March 31, 2022 formatted in Inline Extensible Business Reporting Language (iXBRL):
+Added: Quarterly Report on Form 10-Q for the quarter ended September 30, 2022 formatted in Inline Extensible Business Reporting Language (iXBRL):
(i) Consolidated Balance Sheets, (ii) Consolidated Statements of Operations, (iii) Consolidated Statements of Comprehensive Income (Loss), (iv) Consolidated Statements of Cash Flows, (v) Consolidated Statements of Equity, and (vi) Notes to Consolidated Financial Statements.
−Removed: 104 The cover page from the Company’s Quarterly Report on Form 10-Q for the quarter ended March 31, 2022 formatted in Inline XBRL and contained in Exhibit 101.
+Added: 104 The cover page from the Company’s Quarterly Report on Form 10-Q for the quarter ended September 30, 2022 formatted in Inline XBRL and contained in Exhibit 101.
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† This exhibit is a management contract or a compensatory plan or arrangement.
−Removed: Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized on the 5 th day of May 2022.
+Added: Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized on the 27 th day of October 2022.
Madison Square Garden Sports Corp.
2 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.