Keith Rupert Murdoch - Aug 15, 2023 Form 4 Insider Report for NEWS CORP (NWS)

Role
Executive Chair, Director
Signature
/s/ Kenneth C. Mertz as Attorney-in-Fact for Keith Rupert Murdoch
Stock symbol
NWS
Transactions as of
Aug 15, 2023
Transactions value $
-$4,787,727
Form type
4
Date filed
8/16/2023, 04:15 PM
Previous filing
Aug 11, 2023
Next filing
Sep 15, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NWS Class A Common Stock Options Exercise +189K 189K Aug 15, 2023 Direct F1, F2
transaction NWS Class A Common Stock Tax liability -$2.38M -110K -58.42% $21.62 78.4K Aug 15, 2023 Direct F3
transaction NWS Class A Common Stock Disposed to Issuer -$1.69M -78.4K -100% $21.62 0 Aug 15, 2023 Direct
transaction NWS Class A Common Stock Options Exercise +13.5K 13.5K Aug 15, 2023 Direct F4, F5
transaction NWS Class A Common Stock Tax liability -$181K -8.37K -62.1% $21.62 5.11K Aug 15, 2023 Direct F3
transaction NWS Class A Common Stock Disposed to Issuer -$110K -5.11K -100% $21.62 0 Aug 15, 2023 Direct
transaction NWS Class A Common Stock Options Exercise +8.68K 8.68K Aug 15, 2023 Direct F4, F5
transaction NWS Class A Common Stock Tax liability -$117K -5.39K -62.1% $21.62 3.29K Aug 15, 2023 Direct F3
transaction NWS Class A Common Stock Disposed to Issuer -$71.1K -3.29K -100% $21.62 0 Aug 15, 2023 Direct
transaction NWS Class A Common Stock Options Exercise +10.7K 10.7K Aug 15, 2023 Direct F4, F5
transaction NWS Class A Common Stock Tax liability -$144K -6.68K -62.11% $21.62 4.07K Aug 15, 2023 Direct F3
transaction NWS Class A Common Stock Disposed to Issuer -$88.1K -4.07K -100% $21.62 0 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 NWS Cash-Settled Performance Stock Units Options Exercise -189K -100% 0 Aug 15, 2023 Class A Common Stock 189K Direct F1, F2, F6
transaction NWS Cash-Settled Restricted Stock Units Options Exercise -13.5K -100% 0 Aug 15, 2023 Class A Common Stock 13.5K Direct F4, F5, F7
transaction NWS Cash-Settled Restricted Stock Units Options Exercise -8.68K -49.98% 8.69K Aug 15, 2023 Class A Common Stock 8.68K Direct F4, F5, F7
transaction NWS Cash-Settled Restricted Stock Units Options Exercise -10.7K -33.33% 21.5K Aug 15, 2023 Class A Common Stock 10.7K Direct F4, F5, F7
transaction NWS Cash-Settled Restricted Stock Units Award $0 +41.6K $0.00 41.6K Aug 15, 2023 Class A Common Stock 41.6K Direct F7, F8, F9
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes dividend equivalents accrued during the performance period that are subject to the same performance-based and time-based vesting conditions as the underlying cash-settled performance stock units.
F2 The cash-settled performance stock units were deemed to have settled for an equivalent number of shares of News Corporation's Class A Common Stock.
F3 Represents shares withheld upon vesting of applicable incentive award to satisfy tax withholding obligations.
F4 Includes dividend equivalents accrued during the vesting period that are subject to the same time-based vesting conditions as the underlying cash-settled restricted stock units.
F5 The cash-settled restricted stock units were deemed to have settled for an equivalent number of shares of News Corporation's Class A Common Stock.
F6 Each cash-settled performance stock unit is the economic equivalent of one share of News Corporation's Class A Common Stock.
F7 Each cash-settled restricted stock unit is the economic equivalent of one share of News Corporation's Class A Common Stock.
F8 The cash-settled restricted stock units were granted as part of the Reporting Person's fiscal 2024 long-term equity incentive award.
F9 The cash-settled restricted stock units will vest in thirds on August 15, 2024, 2025 and 2026, subject to time-based vesting conditions.