KEITH RUPERT MURDOCH - 15 Aug 2022 Form 4 Insider Report for NEWS CORP (NWSA)

Role
Executive Chairman, Director
Signature
/s/ Kenneth C. Mertz as Attorney-in-Fact for Keith Rupert Murdoch
Issuer symbol
NWSA
Transactions as of
15 Aug 2022
Net transactions value
-$5,348,567
Form type
4
Filing time
17 Aug 2022, 16:17:38 UTC
Previous filing
10 Aug 2022
Next filing
29 Sep 2022
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 +262,163 262,163 15 Aug 2022 Direct F1, F2
transaction NWS Class A Common Stock Tax liability $2,409,600 -127,966 -49% $18.83 134,197 15 Aug 2022 Direct F3
transaction NWS Class A Common Stock Disposed to Issuer $2,526,930 -134,197 -100% $18.83 0 15 Aug 2022 Direct
transaction NWS Class A Common Stock Options Exercise +13,304 13,304 15 Aug 2022 Direct F4, F5
transaction NWS Class A Common Stock Tax liability $129,908 -6,899 -52% $18.83 6,405 15 Aug 2022 Direct F3
transaction NWS Class A Common Stock Disposed to Issuer $120,606 -6,405 -100% $18.83 0 15 Aug 2022 Direct
transaction NWS Class A Common Stock Options Exercise +8,578 8,578 15 Aug 2022 Direct F4, F5
transaction NWS Class A Common Stock Tax liability $83,756 -4,448 -52% $18.83 4,130 15 Aug 2022 Direct F3
transaction NWS Class A Common Stock Disposed to Issuer $77,768 -4,130 -100% $18.83 0 15 Aug 2022 Direct
holding NWS Class A Common Stock 2,182,358 15 Aug 2022 By GRCLT LLC 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 Cash-Settled Performance Stock Units Options Exercise -262,163 -100% 0 15 Aug 2022 Class A Common Stock 262,163 Direct F1, F2, F7
transaction NWS Cash-Settled Restricted Stock Units Options Exercise -13,304 -50% 13,309 15 Aug 2022 Class A Common Stock 13,304 Direct F4, F5, F8
transaction NWS Cash-Settled Restricted Stock Units Options Exercise -8,578 -33% 17,160 15 Aug 2022 Class A Common Stock 8,578 Direct F4, F5, F8
transaction NWS Cash-Settled Restricted Stock Units Award $0 +31,863 $0.000000 31,863 15 Aug 2022 Class A Common Stock 31,863 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 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 Held by GRCLT LLC which is administered by independent managers for the benefit of certain of the Reporting Person's children. The Reporting Person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.
F7 Each cash-settled performance stock unit is the economic equivalent of one share of News Corporation's Class A Common Stock.
F8 Each cash-settled restricted stock unit is the economic equivalent of one share of News Corporation's Class A Common Stock.
F9 The cash-settled restricted stock units were granted as part of the Reporting Person's fiscal 2023 long-term equity incentive award.
F10 The cash-settled restricted stock units will vest in thirds on August 15, 2023, 2024 and 2025, subject to time-based vesting conditions.