Lachlan K. Murdoch - Jul 3, 2023 Form 4 Insider Report for NEWS CORP (NWS)

Role
Director
Signature
/s/ Kenneth C. Mertz as Attorney-in-Fact for Lachlan K. Murdoch
Stock symbol
NWS
Transactions as of
Jul 3, 2023
Transactions value $
-$12,942
Form type
4
Date filed
7/5/2023, 04:23 PM
Previous filing
Apr 13, 2023
Next filing
Aug 11, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NWS Class A Common Stock Options Exercise +2.9K +2542.98% 3.01K Jul 3, 2023 Direct F1
transaction NWS Class A Common Stock Disposed to Issuer -$56.7K -2.9K -96.22% $19.55 114 Jul 3, 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 NWS Deferred Stock Units Options Exercise -2.9K -5.16% 53.3K Jul 3, 2023 Class A Common Stock 2.9K Direct F1, F2, F3, F4
transaction NWS Deferred Stock Units Award $43.7K +2.24K +4.19% $19.55 55.6K Jul 3, 2023 Class A Common Stock 2.24K Direct F2, F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The deferred stock units were deemed to have settled for the cash value of an equivalent number of shares of News Corporation's Class A Common Stock.
F2 Each deferred stock unit represents the equivalent of one share of News Corporation's Class A Common Stock.
F3 The deferred stock units became payable in cash on July 3, 2023, the first trading day of the quarter five years following the grant.
F4 Represents the aggregate number of deferred stock units held by the Reporting Person, including deferred stock units accrued as a result of dividend equivalents that vest on the same terms as the respective underlying deferred stock units. The reported deferred stock units become payable in cash on the earlier of (i) the first trading day of the quarter five years following the respective grant and (ii) the Reporting Person's end of service as a Director.
F5 The deferred stock units become payable in cash on the earlier of (i) the first trading day of the quarter five years following the grant and (ii) the Reporting Person's end of service as a Director.