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

Role
Executive Chairman, CEO, Director
Signature
/s/ Laura A. Cleveland as Attorney-in-Fact for Lachlan K. Murdoch
Stock symbol
FOX
Transactions as of
Aug 15, 2021
Transactions value $
-$1,332,777
Form type
4
Date filed
8/17/2021, 05:21 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 +26.9K +26.41% 129K Aug 15, 2021 Direct F1
transaction FOX Class A Common Stock Tax liability -$391K -10.6K -8.22% $37.00 118K Aug 15, 2021 Direct
transaction FOX Class A Common Stock Options Exercise +64.7K +54.79% 183K Aug 15, 2021 Direct F1
transaction FOX Class A Common Stock Tax liability -$942K -25.4K -13.93% $37.00 157K Aug 15, 2021 Direct
transaction FOX Class A Common Stock Sale -$5.81M -157K -99.9% $37.00 152 Aug 15, 2021 Direct F2
transaction FOX Class A Common Stock Purchase $5.81M +157K +29.56% $37.00 689K Aug 15, 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 -26.9K -50% $0.00 26.9K Aug 15, 2021 Class A Common Stock 26.9K Direct F1, F3
transaction FOX Restricted Stock Units Options Exercise $0 -64.7K -33.33% $0.00 129K Aug 15, 2021 Class A Common Stock 64.7K 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.