Lachlan K. Murdoch - Aug 15, 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 15, 2023
Transactions value $
-$3,508,802
Form type
4
Date filed
8/17/2023, 05:23 PM
Previous filing
Aug 11, 2023
Next filing
Sep 28, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FOX Class A Common Stock Options Exercise +66.5K +43725% 66.6K Aug 15, 2023 Direct F1
transaction FOX Class A Common Stock Tax liability -$948K -28K -42.05% $33.84 38.6K Aug 15, 2023 Direct
transaction FOX Class A Common Stock Options Exercise +50.2K +130.12% 88.8K Aug 15, 2023 Direct F1
transaction FOX Class A Common Stock Tax liability -$720K -21.3K -23.97% $33.84 67.5K Aug 15, 2023 Direct
transaction FOX Class A Common Stock Options Exercise +56.6K +83.79% 124K Aug 15, 2023 Direct F1
transaction FOX Class A Common Stock Tax liability -$817K -24.1K -19.44% $33.84 100K Aug 15, 2023 Direct
transaction FOX Class A Common Stock Options Exercise +71.8K +71.78% 172K Aug 15, 2023 Direct F1
transaction FOX Class A Common Stock Tax liability -$1.02M -30.3K -17.61% $33.84 142K Aug 15, 2023 Direct
transaction FOX Class A Common Stock Sale -$4.78M -141K -99.89% $33.84 152 Aug 15, 2023 Direct F2
transaction FOX Class A Common Stock Purchase $4.78M +141K +17.34% $33.84 957K Aug 15, 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 -66.5K -100% $0.00* 0 Aug 15, 2023 Class A Common Stock 66.5K Direct F1, F3
transaction FOX Restricted Stock Units Options Exercise $0 -50.2K -50% $0.00 50.2K Aug 15, 2023 Class A Common Stock 50.2K Direct F1, F4
transaction FOX Restricted Stock Units Options Exercise $0 -56.6K -33.33% $0.00 113K Aug 15, 2023 Class A Common Stock 56.6K Direct F1, F5
transaction FOX Performance Stock Units Options Exercise $0 -71.8K -100% $0.00* 0 Aug 15, 2023 Class A Common Stock 71.8K 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.