Lachlan K. Murdoch - 15 Aug 2021 Form 4 Insider Report for Fox Corp (FOXA)

Role
Executive Chairman, CEO, Director
Signature
/s/ Laura A. Cleveland as Attorney-in-Fact for Lachlan K. Murdoch
Issuer symbol
FOXA
Transactions as of
15 Aug 2021
Net transactions value
-$1,332,777
Form type
4
Filing time
17 Aug 2021, 17:21:05 UTC
Previous filing
05 Aug 2021
Next filing
30 Sep 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FOX Class A Common Stock Options Exercise +26,868 +26% 128,615 15 Aug 2021 Direct F1
transaction FOX Class A Common Stock Tax liability $391,201 -10,573 -8.2% $37.00 118,042 15 Aug 2021 Direct
transaction FOX Class A Common Stock Options Exercise +64,670 +55% 182,712 15 Aug 2021 Direct F1
transaction FOX Class A Common Stock Tax liability $941,576 -25,448 -14% $37.00 157,264 15 Aug 2021 Direct
transaction FOX Class A Common Stock Sale $5,813,144 -157,112 -100% $37.00 152 15 Aug 2021 Direct F2
transaction FOX Class A Common Stock Purchase $5,813,144 +157,112 +30% $37.00 688,562 15 Aug 2021 See footnote 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 -26,868 -50% $0.000000 26,867 15 Aug 2021 Class A Common Stock 26,868 Direct F1, F3
transaction FOX Restricted Stock Units Options Exercise $0 -64,670 -33% $0.000000 129,340 15 Aug 2021 Class A Common Stock 64,670 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 reporting person sold the reported securities to the LKM Family Trust, which is administered by an independent trustee for the benefit of the reporting person, his immediate family members and certain charitable organizations.
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.