Sec Form 4 Filing - DOLAN KATHLEEN MARGARET @ MSG NETWORKS INC. - 2016-09-12

Insider filing report for Changes in Beneficial Ownership
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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. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
DOLAN KATHLEEN MARGARET
2. Issuer Name and Ticker or Trading Symbol
MSG NETWORKS INC. [ MSGN]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
_____ Officer (give title below) X __ Other (specify below)
Member of 13D Group
(Last) (First) (Middle)
C/O RICHARD BACCARI, MLC VENTURES LLC, PO BOX 1014
3. Date of Earliest Transaction (MM/DD/YY)
09/12/2016
(Street)
YORKTOWN HEIGHTS, NY10598
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Class A Common Stock 09/12/2016 S( 1 ) 47,864 D $ 16.8 271,228 I ( 2 ) By Trusts
Class A Common Stock 09/12/2016 P( 1 ) 47,864 A $ 16.8 271,228 I ( 2 ) By Trusts
Class A Common Stock 4,705 D
Class A Common Stock 1,850 I ( 3 ) By Children
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Class B Common Stock ( 4 ) 09/12/2016 S( 5 ) 886,015 ( 4 ) ( 4 ) Class A Common Stock 886,015 $ 16.8 5,468,695 I ( 2 ) By Trusts
Class B Common Stock ( 4 ) 09/12/2016 P( 5 ) 886,015 ( 4 ) ( 4 ) Class A Common Stock 886,015 $ 16.8 5,468,695 I ( 2 ) By Trusts
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
DOLAN KATHLEEN MARGARET
C/O RICHARD BACCARI
MLC VENTURES LLC, PO BOX 1014
YORKTOWN HEIGHTS, NY10598
Member of 13D Group
Signatures
By: /s/ Richard Baccari, Attorney-in-fact for Kathleen M. Dolan 09/13/2016
Signature of Reporting Person Date
Explanation of Responses:
( 1 )On September 12, 2016, the Charles F. Dolan Children Trust FBO Patrick F. Dolan, sold, and the Charles F. Dolan Children Trust FBO James L. Dolan purchased, the number of shares of the Issuer's Class A Common Stock at a purchase price of $16.80 per share.
( 2 )Reflects securities held by trusts for which the Reporting Person serves as co-trustee. The Reporting Person disclaims beneficial ownership of all shares of MSG Networks Inc. beneficially owned or deemed to be beneficially owned by the trusts and this report shall not be deemed to be an admission that she is, for purposes of Section 16 or for any other purpose, the beneficial owner of such securities.
( 3 )The Reporting Person disclaims beneficial ownership of all shares of MSG beneficially owned or deemed to be beneficially owned by the Reporting Person as custodian for her children and this filing shall not be deemed an admission that she is, for purposes of Section 16 or for any other purpose, the beneficial owner of such securities.
( 4 )MSG Networks Inc. Class B Common Stock (the "Class B Common Stock") is convertible at the option of the holder on a share for share basis into MSG Networks Inc. Class A Common Stock (the "Class A Common Stock").
( 5 )On September 12, 2016, the Charles F. Dolan Children Trust FBO Patrick F. Dolan sold, and the Charles F. Dolan Children Trust FBO James L. Dolan purchased, the number of shares of the Issuer's Class B Common Stock at a purchase price of $16.80 per share.

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