John Nallen - Aug 15, 2021 Form 4 Insider Report for Fox Corp (FOX)

Role
Chief Operating Officer
Signature
/s/ Laura A. Cleveland as Attorney-in-Fact for John Nallen
Stock symbol
FOX
Transactions as of
Aug 15, 2021
Transactions value $
-$1,544,096
Form type
4
Date filed
8/17/2021, 05:17 PM
Previous filing
Aug 5, 2021
Next filing
Sep 30, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FOX Class A Common Stock Options Exercise +12.2K +5.8% 223K Aug 15, 2021 Direct F1
transaction FOX Class A Common Stock Tax liability -$199K -5.37K -2.41% $37.00 217K Aug 15, 2021 Direct
transaction FOX Class A Common Stock Options Exercise +29.4K +13.51% 247K Aug 15, 2021 Direct F1
transaction FOX Class A Common Stock Tax liability -$504K -13.6K -5.52% $37.00 233K Aug 15, 2021 Direct
transaction FOX Class A Common Stock Sale -$841K -22.6K -9.69% $37.21 211K Aug 16, 2021 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction FOX Restricted Stock Units Options Exercise $0 -12.2K -50% $0.00 12.2K Aug 15, 2021 Class A Common Stock 12.2K Direct F1, F3
transaction FOX Restricted Stock Units Options Exercise $0 -29.4K -33.33% $0.00 58.8K Aug 15, 2021 Class A Common Stock 29.4K Direct F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents the equivalent of one share of Fox Corporation's Class A Common Stock.
F2 The price reported is a weighted average price. The shares were sold in multiple transactions ranging from $37.15 to $37.28, inclusive. The reporting person undertakes to provide to Fox Corporation, any security holder of Fox Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F3 The restricted stock units vested one-third on August 15, 2020, one-third on August 15, 2021 and the remainder of the award will vest on August 15, 2022.
F4 The restricted stock units vested one-third on August 15, 2021, will vest one-third on August 15, 2022 and the remainder of the award will vest on August 15, 2023.