John Nallen - Aug 15, 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 15, 2023
Transactions value $
-$1,704,588
Form type
4
Date filed
8/17/2023, 05:25 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 +30.2K +8.93% 369K Aug 15, 2023 Direct F1
transaction FOX Class A Common Stock Tax liability -$450K -13.3K -3.61% $33.84 355K Aug 15, 2023 Direct
transaction FOX Class A Common Stock Options Exercise +22.8K +6.42% 378K Aug 15, 2023 Direct F1
transaction FOX Class A Common Stock Tax liability -$340K -10K -2.66% $33.84 368K Aug 15, 2023 Direct
transaction FOX Class A Common Stock Options Exercise +25.7K +6.99% 394K Aug 15, 2023 Direct F1
transaction FOX Class A Common Stock Tax liability -$403K -11.9K -3.03% $33.84 382K Aug 15, 2023 Direct
transaction FOX Class A Common Stock Options Exercise +32.6K +8.54% 415K Aug 15, 2023 Direct F1
transaction FOX Class A Common Stock Tax liability -$512K -15.1K -3.65% $33.84 399K Aug 15, 2023 Direct

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, F2
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, F3
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, F4
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
* 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 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.
F3 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.
F4 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.