John Nallen - Aug 12, 2024 Form 4 Insider Report for Fox Corp (FOX)

Role
Chief Operating Officer
Signature
/s/ Laura A. Cleveland as Attorney-in-Fact for John Nallen
Stock symbol
FOX
Transactions as of
Aug 12, 2024
Transactions value $
$0
Form type
4
Date filed
8/14/2024, 04:41 PM
Previous filing
Mar 27, 2024
Next filing
Aug 16, 2024

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 FOX Restricted Stock Units Award $0 +73.4K $0.00 73.4K Aug 12, 2024 Class A Common Stock 73.4K Direct F1, F2
transaction FOX Performance Stock Units Award $0 +21.6K $0.00 21.6K Aug 12, 2024 Class A Common Stock 21.6K Direct F1, F3
transaction FOX Performance Stock Option (Right to Buy) Award $0 +107K $0.00 107K Aug 12, 2024 Class A Common Stock 107K $38.98 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The restricted stock units and performance stock units each represent the contingent right to receive one share of Fox Corporation's Class A Common Stock upon vesting.
F2 The restricted stock units will vest one-third on each of August 15, 2025, August 15, 2026 and August 15, 2027.
F3 The performance stock units, originally awarded in August 2021, were granted to the Reporting Person after the achievement of pre-determined performance measures over the three-year performance period and shall vest in shares of Fox Corporation's Class A Common Stock on August 15, 2024.
F4 The performance stock options may vest and become exercisable on August 12, 2027, based on the attainment of a 15% increase in the price of Fox Corporation's Class A Common Stock over the exercise price for at least 30 consecutive calendar days during the period from the date of grant to August 12, 2027.