David R. Kline - Aug 15, 2024 Form 4 Insider Report for NEWS CORP (NWS)

Signature
/s/ Kenneth C. Mertz as Attorney-in-Fact for David R. Kline
Stock symbol
NWS
Transactions as of
Aug 15, 2024
Transactions value $
-$744,823
Form type
4
Date filed
8/16/2024, 04:11 PM
Previous filing
Aug 9, 2024
Next filing
Sep 6, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NWS Class A Common Stock Options Exercise +18.4K 18.4K Aug 15, 2024 Direct F1, F2
transaction NWS Class A Common Stock Tax liability -$182K -6.65K -36.05% $27.32 11.8K Aug 15, 2024 Direct F3
transaction NWS Class A Common Stock Options Exercise +5.27K +44.65% 17.1K Aug 15, 2024 Direct F4, F5
transaction NWS Class A Common Stock Tax liability -$51.9K -1.9K -11.13% $27.32 15.2K Aug 15, 2024 Direct F3
transaction NWS Class A Common Stock Options Exercise +6.51K +42.96% 21.7K Aug 15, 2024 Direct F4, F5
transaction NWS Class A Common Stock Tax liability -$64.1K -2.35K -10.84% $27.32 19.3K Aug 15, 2024 Direct F3
transaction NWS Class A Common Stock Options Exercise +7K +36.21% 26.3K Aug 15, 2024 Direct F4, F5
transaction NWS Class A Common Stock Tax liability -$71.4K -2.62K -9.94% $27.32 23.7K Aug 15, 2024 Direct F3
transaction NWS Class A Common Stock Sale -$376K -13.7K -57.81% $27.42 10K Aug 15, 2024 Direct F6

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 Performance Stock Units Options Exercise -18.4K -100% 0 Aug 15, 2024 Class A Common Stock 18.4K Direct F1, F2, F7
transaction NWS Stock-Settled Restricted Stock Units Options Exercise -5.27K -100% 0 Aug 15, 2024 Class A Common Stock 5.27K Direct F4, F5, F8
transaction NWS Stock-Settled Restricted Stock Units Options Exercise -6.51K -49.97% 6.52K Aug 15, 2024 Class A Common Stock 6.51K Direct F4, F5, F8
transaction NWS Stock-Settled Restricted Stock Units Options Exercise -7K -33.33% 14K Aug 15, 2024 Class A Common Stock 7K Direct F4, F5, F8
transaction NWS Stock-Settled Restricted Stock Units Award $0 +11K $0.00 11K Aug 15, 2024 Class A Common Stock 11K Direct F8, F9, F10
* 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 stock-settled performance stock units.
F2 The stock-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 the 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 stock-settled restricted stock units.
F5 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.
F6 The price reported is a weighted average price. The shares were sold in multiple transactions at prices ranging from $27.410 to $27.435, 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.
F7 Each stock-settled performance stock unit is the economic equivalent of one share of News Corporation's Class A Common Stock.
F8 Each stock-settled restricted stock unit is the economic equivalent of one share of News Corporation's Class A Common Stock.
F9 The stock-settled restricted stock units were granted as part of the Reporting Person's fiscal 2025 long-term equity incentive award.
F10 10. The stock-settled restricted stock units will vest in thirds on August 15, 2025, 2026 and 2027, subject to time-based vesting conditions.