Lachlan K. Murdoch - Apr 13, 2022 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
Apr 13, 2022
Transactions value $
$5,114
Form type
4
Date filed
4/14/2022, 04:07 PM
Previous filing
Apr 5, 2022
Next filing
Jul 6, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NWS Class A Common Stock Options Exercise +14 +12.28% 128 Apr 13, 2022 Direct F1
transaction NWS Class A Common Stock Disposed to Issuer -$293 -14 -10.94% $20.96 114 Apr 13, 2022 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 $5.41K +258 +0.47% $20.96 55.7K Apr 13, 2022 Class A Common Stock 258 Direct F2, F3, F4
transaction NWS Deferred Stock Units Options Exercise -14 -0.03% 55.6K Apr 13, 2022 Class A Common Stock 14 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 April 1, 2022, became payable in cash on the dividend payment date of April 13, 2022.