Sec Form 4 Filing - CHARLES F. DOLAN 2009 FAMILY TRUST FBO JAMES L. DOLAN @ Madison Square Garden Entertainment Corp. - 2020-04-17

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 CHARLES F. DOLAN 2009 FAMILY TRUST FBO JAMES L. DOLAN 2. Issuer Name and Ticker or Trading Symbol Madison Square Garden Entertainment Corp. [ MSGE] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director _____ 10% Owner _____ Officer (give title below) X __ Other (specify below) Member of 13(d) Group (Last) (First) (Middle) KNICKERBOCKER GROUP LLC, PO BOX 420 3. Date of Earliest Transaction (MM/DD/YY) 04/17/2020 (Street) OYSTER BAY, NY11771 4. If Amendment, Date Original Filed (MM/DD/YY) 6. Individual or Joint/Group Filing (Check Applicable Line) _____ Form filed by One Reporting Person __ X __ 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 Common Stock 04/17/2020 J( 1 ) 1,000 D 0 I ( 2 ) By Madison Square Garden Sports Corp. and its subsidiaries Class A Common Stock 04/17/2020 J( 3 ) V 4,431 ( 3 ) A 4,431 ( 4 ) D ( 5 ) Class A Common Stock 04/17/2020 J( 3 ) V 4,431 ( 3 ) A 4,431 ( 4 ) D ( 6 ) Class A Common Stock 04/17/2020 J( 3 ) V 4,431 ( 3 ) A 4,431 ( 4 ) D ( 7 ) Class A Common Stock 04/17/2020 J( 3 ) V 4,431 ( 3 ) A 4,431 ( 4 ) D ( 8 ) Class A Common Stock 04/17/2020 J( 3 ) V 4,431 ( 3 ) A 4,431 ( 4 ) D ( 9 )

Table II - Derivative Secu rities 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 ( 10 ) 04/17/2020 J( 11 ) V 824,477 ( 10 ) ( 10 ) Class A Common Stock 824,477 ( 11 ) 824,477 ( 4 ) D ( 5 ) Class B Common Stock ( 10 ) 04/17/2020 J( 11 ) V 430,402 ( 10 ) ( 10 ) Class A Common Stock 430,402 ( 11 ) 430,402 ( 4 ) D ( 6 ) Class B Common Stock ( 10 ) 04/17/2020 J( 11 ) V 405,402 ( 10 ) ( 10 ) Class A Common Stock 405,402 ( 11 ) 405,402 ( 4 ) D ( 7 ) Class B Common Stock ( 10 ) 04/17/2020 J( 11 ) V 370,402 ( 10 ) ( 10 ) Class A Common Stock 370,402 ( 11 ) 370,402 ( 4 ) D ( 8 ) Class B Common Stock ( 10 ) 04/17/2020 J( 11 ) V 426,402 ( 10 ) ( 10 ) Class A Common Stock 426,402 ( 11 ) 426,402 ( 4 ) D ( 9 )

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other CHARLES F. DOLAN 2009 FAMILY TRUST FBO JAMES L. DOLAN KNICKERBOCKER GROUP LLC PO BOX 420 OYSTER BAY, NY11771 Member of 13(d) Group CHARLES F. DOLAN 2009 FAMILY TRUST FBO THOMAS C. DOLAN C/O DOLAN FAMILY OFFICE 340 CROSSWAYS PARK DRIVE WOODBURY, NY11797 Member of 13(d) Group CHARLES F. DOLAN 2009 FAMILY TRUST FBO KATHLEEN M. DOLAN C/O RICHARD BACCARI MLC VENTURES LLC, PO BOX 1014 YORKTOWN HEIGHTS, NY10598 Member of 13(d) Group CHARLES F. DOLAN 2009 FAMILY TRUST FBO DEBORAH A. DOLAN-SWEENEY C/O DOLAN FAMILY OFFICE 340 CROSSWAYS PARK DRIVE WOODBURY, NY11797 Member of 13(d) Group CHARLES F. DOLAN 2009 FAMILY TRUST FBO MARIANNE DOLAN WEBER C/O RICHARD BACCARI MLC VENTURES LLC, PO BOX 1014 YORKTOWN HEIGHTS, NY10598 Member of 13(d) Group Signatures CHARLES F. DOLAN 2009 FAMILY TRUST FBO JAMES L. DOLAN By: /s/ Brian G. Sweeney, as Attorney-in-Fact 04/20/2020 Signature of Reporting Person Date CHARLES F. DOLAN 2009 FAMILY TRUST THOMAS C. DOLAN By: /s/ Brian G. Sweeney, as Attorney-in-Fact 04/20/2020 Signature of Reporting Person Date CHARLES F. DOLAN 2009 FAMILY TRUST FBO KATHLEEN M. DOLAN By: /s/ Brian G. Sweeney, as Attorney-in-Fact 04/20/2020 Signature of Reporting Person Date CHARLES F. DOLAN 2009 FAMILY TRUST FBO DEBORAH A. DOLAN-SWEENEY By: /s/ Brian G. Sweeney, as Attorney-in-Fact 04/20/2020 Signature of Reporting Person Date CHARLES F. DOLAN 2009 FAMILY TRUST FBO MARIANNE DOLAN WEBER By: /s/ Brian G. Sweeney, as Attorney-in-Fact 04/20/2020 Signature of Reporting Person Date

Explanation of Responses:

( 1 )Relates to the spin-off of Madison Square Garden Entertainment Corp. (formerly MSG Entertainment Spinco, Inc., and referred to herein as "MSGE") from Madison Square Garden Sports Corp. (formerly The Madison Square Garden Company, and referred to herein as "MSGS"), which occurred on April 17, 2020. To effect the spin-off, the issued and outstanding common stock of MSGE of 1,000 shares of common stock was recapitalized into 19,461,991 shares of MSGE's Class A common stock and 4,529,517 shares of MSGE's Class B common stock in a transaction exempt under Rule 16b-7. MSGS distributed all of the outstanding MSGE common stock to its stockholders (the "Distribution") in a transaction exempt under Rule 16a-9. As a result of the Distribution, MSGS no longer beneficially owns any shares of MSGE and consequently is no longer subject to the requirements of Section 16 of the the Securities Exchange Act of 1934, as amended (the "Exchange Act") with respect to MSGE. ( 2 )The Reporting Persons are members of a "group" with respect to certain securities of MSGS for purposes of Section 13(d) of the Exchange Act. As such, the Reporting Persons may have been deemed to beneficially own MSGE shares held directly by MSGS and its subsidiaries. ( 3 )Represents Class A Common Stock received in connection with the Distribution in a transaction exempt under Rule 16a-9. ( 4 )Reflects transfer of shares previously owned directly by MSGS and its subsidiaries exempt under Rule 16a-13. ( 5 )These securities are owned solely by the Charles F. Dolan 2009 Family Trust FBO James L. Dolan, which is a member of a "group" with the other reporting persons for purposes of Section 13(d) of the Exchange Act. Each of the other reporting persons disclaims beneficial ownership of these securities and this report shall not be deemed to be an admission that the other reporting persons are the beneficial owners of such securities for purposes of Section 16 or for any other purpose. ( 6 )These securities are owned solely by the Charles F. Dolan 2009 Family Trust FBO Thomas C. Dolan, which is a member of a "group" with the other reporting persons for purposes of Section 13(d) of the Exchange Act. Each of the other reporting persons disclaims beneficial ownership of these securities and this report shall not be deemed to be an admission that the other reporting persons are the beneficial owners of such securities for purposes of Section 16 or for any other purpose. ( 7 )These securities are owned solely by the Charles F. Dolan 2009 Family Trust FBO Kathleen M. Dolan, which is a member of a "group" with the other reporting persons for purposes of Section 13(d) of the Exchange Act. Each of the other reporting persons disclaims beneficial ownership of these securities and this report shall not be deemed to be an admission that the other reporting persons are the beneficial owners of such securities for purposes of Section 16 or for any other purpose. ( 8 )These securities are owned solely by the Charles F. Dolan 2009 Family Trust FBO Deborah A. Dolan-Sweeney, which is a member of a "group" with the other reporting persons for purposes of Section 13(d) of the Exchange Act. Each of the other reporting persons disclaims beneficial ownership of these securities and this report shall not be deemed to be an admission that the other reporting persons are the beneficial owners of such securities for purposes of Section 16 or for any other purpose. ( 9 )These securities are owned solely by the Charles F. Dolan 2009 Family Trust FBO Marianne Dolan Weber, which is a member of a "group" with the other reporting persons for purposes of Section 13(d) of the Exchange Act. Each of the other reporting persons disclaims beneficial ownership of these securities and this report shall not be deemed to be an admission that the other reporting persons are the beneficial owners of such securities for purposes of Section 16 or for any other purpose. ( 10 )MSGE Class B Common Stock (the "Class B Common Stock") is convertible at the option of the holder on a share for share basis into MSGE Class A Common Stock (the "Class A Common Stock"). ( 11 )Represents Class B Common Stock received in connection with the Distribution in a transaction exempt under Rule 16a-9.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).

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