Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

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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(Print or Type Responses)
1. Name and Address of Reporting Person *
DOLAN CHARLES F
  2. Issuer Name and Ticker or Trading Symbol
Madison Square Garden Co [MSG]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director __X__ 10% Owner
_____ Officer (give title below) __X__ Other (specify below)
Member of 13(d) Group
(Last)
(First)
(Middle)
2 PENN PLAZA
3. Date of Earliest Transaction (Month/Day/Year)
12/16/2013
(Street)

NEW YORK, NY 10121
4. If Amendment, Date Original Filed(Month/Day/Year)
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 (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 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 12/16/2013   M   15,000 A $ 10.78 70,999 D (1)  
Class A Common Stock 12/16/2013   M   30,000 A $ 10.78 100,999 D (1)  
Class A Common Stock 12/16/2013   M   66,000 A $ 14.25 166,999 D (1)  
Class A Common Stock 12/16/2013   F   69,841.57 (2) D $ 54.8 97,157.43 D (1)  
Class A Common Stock 12/16/2013   D   1.43 (3) D $ 54.8 97,156 D (1)  

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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 (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 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
(Month/Day/Year)
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
Options (Right to Buy) $ 10.78 12/16/2013   M     15,000 02/24/2010 11/08/2015 Class A Common Stock 15,000 $ 0 0 D (1)  
Options (Right to Buy) $ 10.78 12/16/2013   M     30,000 02/24/2010 11/08/2015 Class A Common Stock 30,000 $ 0 0 D (1)  
Options (Right to Buy) $ 14.25 12/16/2013   M     66,000 02/24/2010 06/05/2016 Class A Common Stock 66,000 $ 0 0 D (1)  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
DOLAN CHARLES F
2 PENN PLAZA
NEW YORK, NY 10121
  X   X   Member of 13(d) Group
DOLAN HELEN A
2 PENN PLAZA
NEW YORK, NY 10121
      Member of 13(d) Group

Signatures

 /s/ Renzo Mori, Attorney-in-Fact to Charles F. Dolan   12/18/2013
**Signature of Reporting Person Date

 /s/ Renzo Mori, Attorney-in-Fact for Helen A. Dolan   12/18/2013
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) Securities held directly by Mr. Charles F. Dolan and indirectly by his spouse, Ms. Helen A. Dolan. Helen A. Dolan disclaims beneficial ownership of these securities and this report shall not be deemed an admission that she is, for the purposes of Section 16 or for any other purpose, the beneficial owner of such securities.
(2) Shares of The Madison Square Garden Company ("MSG") withheld to pay exercise price and withholding taxes on exercise of stock options exempt under Rule 16b-3.
(3) Dispositon to MSG of fractional shares due to rounding exempt under 16b-3.

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