Lachlan K. Murdoch - 15 Aug 2023 Form 4 Insider Report for Fox Corp (FOXA)

Role
Executive Chair, CEO, Director
Signature
/s/ Laura A. Cleveland as Attorney-in-Fact for Lachlan K. Murdoch
Issuer symbol
FOXA
Transactions as of
15 Aug 2023
Net transactions value
-$3,508,802
Form type
4
Filing time
17 Aug 2023, 17:23:43 UTC
Previous filing
11 Aug 2023
Next filing
28 Sep 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FOX Class A Common Stock Options Exercise +66,462 +43725% 66,614 15 Aug 2023 Direct F1
transaction FOX Class A Common Stock Tax liability $947,994 -28,014 -42% $33.84 38,600 15 Aug 2023 Direct
transaction FOX Class A Common Stock Options Exercise +50,228 +130% 88,828 15 Aug 2023 Direct F1
transaction FOX Class A Common Stock Tax liability $720,487 -21,291 -24% $33.84 67,537 15 Aug 2023 Direct
transaction FOX Class A Common Stock Options Exercise +56,588 +84% 124,125 15 Aug 2023 Direct F1
transaction FOX Class A Common Stock Tax liability $816,525 -24,129 -19% $33.84 99,996 15 Aug 2023 Direct
transaction FOX Class A Common Stock Options Exercise +71,777 +72% 171,773 15 Aug 2023 Direct F1
transaction FOX Class A Common Stock Tax liability $1,023,795 -30,254 -18% $33.84 141,519 15 Aug 2023 Direct
transaction FOX Class A Common Stock Sale $4,783,859 -141,367 -100% $33.84 152 15 Aug 2023 Direct F2
transaction FOX Class A Common Stock Purchase $4,783,859 +141,367 +17% $33.84 956,702 15 Aug 2023 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 -66,462 -100% $0.000000* 0 15 Aug 2023 Class A Common Stock 66,462 Direct F1, F3
transaction FOX Restricted Stock Units Options Exercise $0 -50,228 -50% $0.000000 50,232 15 Aug 2023 Class A Common Stock 50,228 Direct F1, F4
transaction FOX Restricted Stock Units Options Exercise $0 -56,588 -33% $0.000000 113,183 15 Aug 2023 Class A Common Stock 56,588 Direct F1, F5
transaction FOX Performance Stock Units Options Exercise $0 -71,777 -100% $0.000000* 0 15 Aug 2023 Class A Common Stock 71,777 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, 2021, one-third on August 15, 2022 and the remainder of the award vested on August 15, 2023.
F4 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.
F5 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.