Viet D. Dinh - Aug 15, 2023 Form 4 Insider Report for Fox Corp (FOX)

Role
Chief Legal and Policy Officer
Signature
/s/ Laura A. Cleveland as Attorney-in-Fact for Viet D. Dinh
Stock symbol
FOX
Transactions as of
Aug 15, 2023
Transactions value $
-$4,846,576
Form type
4
Date filed
8/17/2023, 05:19 PM
Previous filing
Aug 11, 2023
Next filing
Sep 6, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FOX Class A Common Stock Options Exercise +30.2K +61.18% 79.6K Aug 15, 2023 Direct F1
transaction FOX Class A Common Stock Tax liability -$507K -15K -18.82% $33.84 64.6K Aug 15, 2023 Direct
transaction FOX Class A Common Stock Options Exercise +22.8K +35.33% 87.4K Aug 15, 2023 Direct F1
transaction FOX Class A Common Stock Tax liability -$383K -11.3K -12.94% $33.84 76.1K Aug 15, 2023 Direct
transaction FOX Class A Common Stock Options Exercise +25.7K +33.79% 102K Aug 15, 2023 Direct F1
transaction FOX Class A Common Stock Tax liability -$432K -12.8K -12.52% $33.84 89.1K Aug 15, 2023 Direct
transaction FOX Class A Common Stock Options Exercise +32.6K +36.62% 122K Aug 15, 2023 Direct F1
transaction FOX Class A Common Stock Tax liability -$547K -16.2K -13.29% $33.84 106K Aug 15, 2023 Direct
transaction FOX Class A Common Stock Sale -$1.65M -49.4K -46.79% $33.47 56.2K Aug 17, 2023 Direct F2
transaction FOX Class A Common Stock Options Exercise $4.77M +182K +324.92% $26.12 239K Aug 17, 2023 Direct
transaction FOX Class A Common Stock Sale -$6.09M -182K -76.47% $33.38 56.2K Aug 17, 2023 Direct F3

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 -30.2K -100% $0.00* 0 Aug 15, 2023 Class A Common Stock 30.2K Direct F1, F4
transaction FOX Restricted Stock Units Options Exercise $0 -22.8K -50% $0.00 22.8K Aug 15, 2023 Class A Common Stock 22.8K Direct F1, F5
transaction FOX Restricted Stock Units Options Exercise $0 -25.7K -33.33% $0.00 51.4K Aug 15, 2023 Class A Common Stock 25.7K Direct F1, F6
transaction FOX Performance Stock Units Options Exercise $0 -32.6K -100% $0.00* 0 Aug 15, 2023 Class A Common Stock 32.6K Direct F1
transaction FOX Stock Option (Right to Buy) Options Exercise $0 -182K -100% $0.00* 0 Aug 17, 2023 Class A Common Stock 182K $26.12 Direct
* 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 price reported is a weighted average price. The shares were purchased in multiple transactions at prices ranging from $33.20 to $33.68, inclusive. The reporting person undertakes to provide to Fox Corporation, any security holder of Fox Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.
F3 The price reported is a weighted average price. The shares were purchased in multiple transactions at prices ranging from $33.25 to $33.70, inclusive. The reporting person undertakes to provide to Fox Corporation, any security holder of Fox Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.
F4 The restricted stock units vested one-third on August 15, 2021, one-third on August 15, 2022 and the remainder of the award vested on August 15, 2023.
F5 The restricted stock units vested one-third on August 15, 2022, one-third on August 15, 2023 and the remainder of the award will vest on August 15, 2024.
F6 The restricted stock units vested one-third on August 15, 2023, will vest one-third on August 15, 2024 and the remainder of the award will vest on August 15, 2025.