Lachlan K. Murdoch - Aug 9, 2023 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 9, 2023
Transactions value $: $0
Form type: 4
Date filed: 8/11/2023, 05:07 PM
Previous filing: Jul 5, 2023
Next filing: Aug 17, 2023

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	Award	$0	+165K		$0.00	165K	Aug 9, 2023	Class A Common Stock	165K		Direct	F1, F2
transaction	FOX	Performance Stock Units	Award	$0	+71.8K		$0.00	71.8K	Aug 9, 2023	Class A Common Stock	71.8K		Direct	F1, F3
transaction	FOX	Performance Stock Option (Right to Buy)	Award	$0	+264K		$0.00	264K	Aug 9, 2023	Class A Common Stock	264K	$34.84	Direct	F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The restricted stock units and performance stock units each represent the contingent right to receive one share of Fox Corporation's Class A Common Stock upon vesting.
F2	The restricted stock units will vest one-third on each of August 15, 2024, August 15, 2025 and August 15, 2026.
F3	The performance stock units, originally awarded in August 2020, were granted to the Reporting Person after the achievement of pre-determined performance measures over the three-year performance period and shall vest in shares of Fox Corporation's Class A Common Stock on August 15, 2023.
F4	The performance stock options may vest and become exercisable on August 9, 2026, based on the attainment of a 15% increase in the price of Fox Corporation's Class A Common Stock over the exercise price for at least 30 consecutive calendar days during the period from the date of grant to August 9, 2026.