SUSAN PANUCCIO - 15 Aug 2022 Form 4 Insider Report for NEWS CORP (NWSA)

Role
Chief Financial Officer
Signature
/s/ Kenneth C. Mertz as Attorney-in-Fact for Susan Panuccio
Issuer symbol
NWSA
Transactions as of
15 Aug 2022
Net transactions value
-$2,639,326
Form type
4
Filing time
17 Aug 2022, 16:19:03 UTC
Previous filing
08 Aug 2022
Next filing
13 Oct 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 +229,391 +192% 348,810 15 Aug 2022 Direct F1, F2
transaction NWS Class A Common Stock Tax liability $2,388,661 -126,854 -36% $18.83 221,956 15 Aug 2022 Direct F3
transaction NWS Class A Common Stock Options Exercise +14,635 +6.6% 236,591 15 Aug 2022 Direct F4, F5
transaction NWS Class A Common Stock Tax liability $152,410 -8,094 -3.4% $18.83 228,497 15 Aug 2022 Direct F3
transaction NWS Class A Common Stock Options Exercise +9,435 +4.1% 237,932 15 Aug 2022 Direct F4, F5
transaction NWS Class A Common Stock Tax liability $98,255 -5,218 -2.2% $18.83 232,714 15 Aug 2022 Direct F3

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 -229,391 -100% 0 15 Aug 2022 Class A Common Stock 229,391 Direct F1, F2, F6
transaction NWS Stock-Settled Restricted Stock Units Options Exercise -14,635 -50% 14,639 15 Aug 2022 Class A Common Stock 14,635 Direct F4, F5, F7
transaction NWS Stock-Settled Restricted Stock Units Options Exercise -9,435 -33% 18,877 15 Aug 2022 Class A Common Stock 9,435 Direct F4, F5, F7
transaction NWS Stock-Settled Restricted Stock Units Award $0 +39,829 $0.000000 39,829 15 Aug 2022 Class A Common Stock 39,829 Direct F7, F8, F9
* 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 Each stock-settled performance stock unit is the economic equivalent of one share of News Corporation's Class A Common Stock.
F7 Each stock-settled restricted stock unit is the economic equivalent of one share of News Corporation's Class A Common Stock.
F8 The stock-settled restricted stock units were granted as part of the Reporting Person's fiscal 2023 long-term equity incentive award.
F9 The stock-settled restricted stock units will vest in thirds on August 15, 2023, 2024 and 2025, subject to time-based vesting conditions.