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
OMB APPROVAL
OMB Number: 3235-0287
Expires: January 31, 2005
Estimated average burden hours per response... 0.5

(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 13D Group
(Last)
(First)
(Middle)
TWO PENN PLAZA, 
3. Date of Earliest Transaction (Month/Day/Year)
10/01/2012
(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

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. SEC 1474 (9-02)

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
Class B Common Stock $ 0 10/01/2012   G V   319,586   (2)   (2) Class A Common Stock 319,586 $ 0 873,975 I By CFD 2011 GRAT #1M (3) (9) (11)
Class B Common Stock $ 0 10/01/2012   J(1)     873,975   (2)   (2) Class A Common Stock 873,975 $ 40.265 0 I By CFD 2011 GRAT #1M (3) (9) (11)
Class B Common Stock $ 0 10/01/2012   G V   94,882   (2)   (2) Class A Common Stock 94,882 $ 0 856,760 I By CFD 2011 GRAT #2M (4) (9) (11)
Class B Common Stock $ 0 10/01/2012   J(1)     856,760   (2)   (2) Class A Common Stock 856,760 $ 40.265 0 I By CFD 2011 GRAT #2M (4) (9) (11)
Class B Common Stock $ 0 10/01/2012   G V 414,468     (2)   (2) Class A Common Stock 414,468 $ 0 2,521,153 I By CFD 2009 Revocable Trust (5) (9) (12)
Class B Common Stock $ 0 10/01/2012   J(1)   1,730,735     (2)   (2) Class A Common Stock 1,730,735 $ 40.265 4,251,888 I By CFD 2009 Revocable Trust (5) (9) (12)
Class B Common Stock $ 0 10/01/2012   G V   177,959   (2)   (2) Class A Common Stock 177,959 $ 0 486,664 I By HAD 2011 GRAT #1M (6) (10) (11)
Class B Common Stock $ 0 10/01/2012   J(1)     486,664   (2)   (2) Class A Common Stock 486,664 $ 40.265 0 I By HAD 2011 GRAT #1M (6) (10) (11)
Class B Common Stock $ 0 10/01/2012   G V   23,260   (2)   (2) Class A Common Stock 23,260 $ 0 210,030 I By HAD 2011 GRAT #2M (7) (10) (11)
Class B Common Stock $ 0 10/01/2012   J(1)     210,030   (2)   (2) Class A Common Stock 210,030 $ 40.265 0 I By HAD 2011 GRAT #2M (7) (10) (11)
Class B Common Stock $ 0 10/01/2012   G V 201,219     (2)   (2) Class A Common Stock 201,219 $ 0 1,253,304 I By HAD 2009 Revocable Trust (8) (10) (12)
Class B Common Stock $ 0 10/01/2012   J(1)   696,694     (2)   (2) Class A Common Stock 696,694 $ 40.265 1,949,998 I By HAD 2009 Revocable Trust (8) (10) (12)

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
DOLAN CHARLES F
TWO PENN PLAZA
NEW YORK, NY 10121
  X   X   Member of 13D Group
DOLAN HELEN A
340 CROSSWAYS PARK DRIVE
WOODBURY, NY 11797
    X   Member of 13D Group
CHARLES F. DOLAN 2011 GRANTOR RETAINED ANNUITY TRUST #1M
DOLAN FAMILY OFFICE
340 CROSSWAYS PARK DRIVE
WOODBURY, NY 11797
      Member of 13D Group
HELEN A. DOLAN 2011 GRANTOR RETAINED ANNUITY TRUST #1M
DOLAN FAMILY OFFICE
340 CROSSWAYS PAR DRIVE
WOODBURY, NY 11797
      Member of 13D Group
CHARLES F. DOLAN 2011 GRANTOR RETAINED ANNUITY TRUST #2M
C/O DOLAN FAMILY OFFICE
340 CROSSWAYS PARK DRIVE
WOODBURY, NY 11797
      Member of 13D Group
HELEN A. DOLAN 2011 GRANTOR RETAINED ANNUITY TRUST #2M
C/O DOLAN FAMILY OFFICE
340 CROSSWAYS PARK DRIVE
WOODBURY, NY 11797
      Member of 13D Group

Signatures

 By: /s/ William A. Frewin, as Attorney-in-Fact for Charles F. Dolan   10/03/2012
**Signature of Reporting Person Date

 By: /s/ William A. Frewin, as Attorney-in-Fact for Helen A. Dolan   10/03/2012
**Signature of Reporting Person Date

 Charles F. Dolan, as Trustee of the CHARLES F. DOLAN 2011 GRANTOR RETAINED ANNUITY TRUST #1M By: /s/ William A. Frewin, Attorney-in- Fact   10/03/2012
**Signature of Reporting Person Date

 Helen A. Dolan, as Trustee of the HELEN A. DOLAN 2011 GRANTOR RETAINED ANNUITY TRUST #1M By: /s/ William A. Frewin, Attorney-in- Fact   10/03/2012
**Signature of Reporting Person Date

 Charles F. Dolan, as Trustee of the CHARLES F. DOLAN 2011 GRANTOR RETAINED ANNUITY TRUST #2M By: /s/ William A. Frewin, Attorney-in- Fact   10/03/2012
**Signature of Reporting Person Date

 Helen A. Dolan, as Trustee of the HELEN A. DOLAN 2011 GRANTOR RETAINED ANNUITY TRUST #2M By: /s/ William A. Frewin, Attorney-in- Fact   10/03/2012
**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) Withdrawal of shares pursuant to substitution of assets provision of trust.
(2) The Madison Square Garden Company Group Class B Common Stock (the "Class B Common Stock") of the Issuer is convertible at the option of the holder on a share for share basis into The Madison Square Garden Company Class A Common Stock (the "Class A Common Stock") of the Issuer.
(3) These securities were owned solely by the Charles F. Dolan 2011 Grantor Retained Annuity Trust #1M. Charles F. Dolan is the sole trustee and beneficiary of the trust.
(4) These securities were owned solely by the Charles F. Dolan 2011 Grantor Retained Annuity Trust #2M. Charles F. Dolan is the sole trustee and beneficiary of the trust.
(5) Charles F. Dolan is the sole trustee and beneficiary of the Charles F. Dolan 2009 Revocable Trust.
(6) These securities were owned solely by the Helen A. Dolan 2011 Grantor Retained Annuity Trust #1M. Helen A. Dolan is the sole trustee and beneficiary of the trust.
(7) These securities were owned solely by the Helen A. Dolan 2011 Grantor Retained Annuity Trust #2M. Helen A. Dolan is the sole trustee and beneficiary of the trust.
(8) Helen A. Dolan is the sole trustee and beneficiary of the Helen A. Dolan 2009 Revocable Trust.
(9) Helen A. Dolan disclaims beneficial ownership of these securities 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.
(10) Charles F. Dolan disclaims beneficial ownership of these securities and this report shall not be deemed to be an admission that he is, for purposes of Section 16 or for any other purpose, the beneficial owner of such securities.
(11) Each of the other reporting trusts disclaims beneficial ownership of these securities and this report shall not be deemed to be an admission that it is, for purposes of Section 16 or for any other purpose, the beneficial owner of such securities.
(12) Each of the reporting trusts disclaims beneficial ownership of these securities and this report shall not be deemed to be an admission that it is, for purposes of Section 16 or for any other purpose, the beneficial owner of such securities.

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.