Keith Rupert Murdoch - Aug 15, 2022 Form 4 Insider Report for NEWS CORP (NWS)

Role
Executive Chairman, Director
Signature
/s/ Kenneth C. Mertz as Attorney-in-Fact for Keith Rupert Murdoch
Stock symbol
NWS
Transactions as of
Aug 15, 2022
Transactions value $
-$5,348,567
Form type
4
Date filed
8/17/2022, 04:17 PM
Previous filing
Aug 10, 2022
Next filing
Sep 29, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NWS Class A Common Stock Options Exercise +262K 262K Aug 15, 2022 Direct F1, F2
transaction NWS Class A Common Stock Tax liability -$2.41M -128K -48.81% $18.83 134K Aug 15, 2022 Direct F3
transaction NWS Class A Common Stock Disposed to Issuer -$2.53M -134K -100% $18.83 0 Aug 15, 2022 Direct
transaction NWS Class A Common Stock Options Exercise +13.3K 13.3K Aug 15, 2022 Direct F4, F5
transaction NWS Class A Common Stock Tax liability -$130K -6.9K -51.86% $18.83 6.41K Aug 15, 2022 Direct F3
transaction NWS Class A Common Stock Disposed to Issuer -$121K -6.41K -100% $18.83 0 Aug 15, 2022 Direct
transaction NWS Class A Common Stock Options Exercise +8.58K 8.58K Aug 15, 2022 Direct F4, F5
transaction NWS Class A Common Stock Tax liability -$83.8K -4.45K -51.85% $18.83 4.13K Aug 15, 2022 Direct F3
transaction NWS Class A Common Stock Disposed to Issuer -$77.8K -4.13K -100% $18.83 0 Aug 15, 2022 Direct
holding NWS Class A Common Stock 2.18M Aug 15, 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 -262K -100% 0 Aug 15, 2022 Class A Common Stock 262K Direct F1, F2, F7
transaction NWS Cash-Settled Restricted Stock Units Options Exercise -13.3K -49.99% 13.3K Aug 15, 2022 Class A Common Stock 13.3K Direct F4, F5, F8
transaction NWS Cash-Settled Restricted Stock Units Options Exercise -8.58K -33.33% 17.2K Aug 15, 2022 Class A Common Stock 8.58K Direct F4, F5, F8
transaction NWS Cash-Settled Restricted Stock Units Award $0 +31.9K $0.00 31.9K Aug 15, 2022 Class A Common Stock 31.9K 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.