Lachlan K. Murdoch - Oct 13, 2021 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: Oct 13, 2021
Transactions value $: $5,349
Form type: 4
Date filed: 10/15/2021, 04:15 PM
Previous filing: Oct 5, 2021
Next filing: Jan 5, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	NWS	Class A Common Stock	Options Exercise		+11	+9.65%		125	Oct 13, 2021	Direct	F1
transaction	NWS	Class A Common Stock	Disposed to Issuer	-$263	-11	-8.8%	$23.88	114	Oct 13, 2021	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	Award	$5.61K	+235	+0.41%	$23.88	57.8K	Oct 13, 2021	Class A Common Stock	235		Direct	F2, F3, F4
transaction	NWS	Deferred Stock Units	Options Exercise		-11	-0.02%		57.8K	Oct 13, 2021	Class A Common Stock	11		Direct	F1, 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	Represents dividend equivalents accrued with respect to deferred stock units previously granted, which become payable in cash upon vesting of the underlying deferred stock units.
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, which represent dividend equivalents accrued on deferred stock units held as of the dividend record date that vested on October 1, 2021, became payable in cash on the dividend payment date of October 13, 2021.