Marygrace DeGrazio - 15 Aug 2023 Form 4 Insider Report for NEWS CORP (NWSA)

Role
Chief Accounting Officer
Signature
/s/ Kenneth C. Mertz as Attorney-in-Fact for Marygrace DeGrazio
Issuer symbol
NWSA
Transactions as of
15 Aug 2023
Net transactions value
-$334,977
Form type
4
Filing time
16 Aug 2023, 16:16:06 UTC
Previous filing
13 Apr 2023
Next filing
12 Oct 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NWS Class A Common Stock Options Exercise +5,610 +26% 27,332 15 Aug 2023 Direct F1, F2
transaction NWS Class A Common Stock Tax liability $46,115 -2,133 -7.8% $21.62 25,199 15 Aug 2023 Direct F3
transaction NWS Class A Common Stock Options Exercise +3,724 +15% 28,923 15 Aug 2023 Direct F1, F2
transaction NWS Class A Common Stock Tax liability $30,614 -1,416 -4.9% $21.62 27,507 15 Aug 2023 Direct F3
transaction NWS Class A Common Stock Options Exercise +6,403 +23% 33,910 15 Aug 2023 Direct F1, F2
transaction NWS Class A Common Stock Tax liability $52,623 -2,434 -7.2% $21.62 31,476 15 Aug 2023 Direct F3
transaction NWS Class A Common Stock Sale $205,624 -9,754 -31% $21.08 21,722 15 Aug 2023 Direct F4

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 Stock-Settled Restricted Stock Units Options Exercise -5,610 -100% 0 15 Aug 2023 Class A Common Stock 5,610 Direct F1, F2, F5
transaction NWS Stock-Settled Restricted Stock Units Options Exercise -3,724 -50% 3,730 15 Aug 2023 Class A Common Stock 3,724 Direct F1, F2, F5
transaction NWS Stock-Settled Restricted Stock Units Options Exercise -6,403 -33% 12,812 15 Aug 2023 Class A Common Stock 6,403 Direct F1, F2, F5
transaction NWS Stock-Settled Restricted Stock Units Award $0 +17,197 $0.000000 17,197 15 Aug 2023 Class A Common Stock 17,197 Direct F5, F6, F7
* 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 vesting period that are subject to the same time-based vesting conditions as the underlying stock-settled restricted stock units.
F2 The stock-settled restricted 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 the applicable incentive award to satisfy tax withholding obligations.
F4 The price reported is a weighted average price. The shares were sold in multiple transactions at prices ranging from $21.080 to $21.091, inclusive. The reporting person undertakes to provide to News Corporation, any security holder of News Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F5 Each stock-settled restricted stock unit is the economic equivalent of one share of News Corporation's Class A Common Stock.
F6 The stock-settled restricted stock units were granted as part of the Reporting Person's fiscal 2024 long-term equity incentive award.
F7 The stock-settled restricted stock units will vest in thirds on August 15, 2024, 2025 and 2026, subject to time-based vesting conditions.