John Nallen - Aug 9, 2023 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 9, 2023
Transactions value $
$0
Form type
4
Date filed
8/11/2023, 05:13 PM
Previous filing
Mar 30, 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 +75K $0.00 75K Aug 9, 2023 Class A Common Stock 75K Direct F1, F2
transaction FOX Performance Stock Units Award $0 +32.6K $0.00 32.6K Aug 9, 2023 Class A Common Stock 32.6K Direct F1, F3
transaction FOX Performance Stock Option (Right to Buy) Award $0 +120K $0.00 120K Aug 9, 2023 Class A Common Stock 120K $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.