Lachlan K. Murdoch - Aug 15, 2022 Form 4 Insider Report for Fox Corp (FOX)

Role
Executive Chair, CEO, Director
Signature
/s/ Laura A. Cleveland as Attorney-in-Fact for Lachlan K. Murdoch
Stock symbol
FOX
Transactions as of
Aug 15, 2022
Transactions value $
-$3,238,609
Form type
4
Date filed
8/17/2022, 05:23 PM
Previous filing
Aug 10, 2022
Next filing
Sep 29, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FOX Class A Common Stock Options Exercise +27.2K +17886.84% 27.3K Aug 15, 2022 Direct F1
transaction FOX Class A Common Stock Tax liability -$405K -11.1K -40.63% $36.50 16.2K Aug 15, 2022 Direct
transaction FOX Class A Common Stock Options Exercise +65.4K +403.17% 81.7K Aug 15, 2022 Direct F1
transaction FOX Class A Common Stock Tax liability -$998K -27.4K -33.49% $36.50 54.3K Aug 15, 2022 Direct
transaction FOX Class A Common Stock Options Exercise +49.5K +91.05% 104K Aug 15, 2022 Direct F1
transaction FOX Class A Common Stock Tax liability -$742K -20.3K -19.6% $36.50 83.4K Aug 15, 2022 Direct
transaction FOX Class A Common Stock Options Exercise +73.4K +87.98% 157K Aug 15, 2022 Direct F1
transaction FOX Class A Common Stock Tax liability -$1.09M -29.9K -19.08% $36.50 127K Aug 15, 2022 Direct
transaction FOX Class A Common Stock Sale -$4.63M -127K -99.88% $36.50 152 Aug 15, 2022 Direct F2
transaction FOX Class A Common Stock Purchase $4.63M +127K +18.41% $36.50 815K Aug 15, 2022 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 -27.2K -100% $0.00* 0 Aug 15, 2022 Class A Common Stock 27.2K Direct F1, F3
transaction FOX Restricted Stock Units Options Exercise $0 -65.4K -50% $0.00 65.4K Aug 15, 2022 Class A Common Stock 65.4K Direct F1, F4
transaction FOX Restricted Stock Units Options Exercise $0 -49.5K -33.33% $0.00 98.9K Aug 15, 2022 Class A Common Stock 49.5K Direct F1, F5
transaction FOX Performance Stock Units Options Exercise $0 -73.4K -100% $0.00* 0 Aug 15, 2022 Class A Common Stock 73.4K Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit and performance 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 vested on August 15, 2022.
F4 The restricted stock units vested one-third on August 15, 2021, one-third on August 15, 2022 and the remainder of the award will vest on August 15, 2023.
F5 The restricted stock units vested one-third on August 15, 2022, will vest one-third on August 15, 2023 and the remainder of the award will vest on August 15, 2024.