Robert A. Chapek - 14 Dec 2021 Form 4 Insider Report for Walt Disney Co (DIS)

Role
Chief Executive Officer, Director
Signature
/s/ Jolene E. Negre, as attorney-in-fact
Issuer symbol
DIS
Transactions as of
14 Dec 2021
Net transactions value
$0
Form type
4
Filing time
16 Dec 2021, 19:01:00 UTC
Previous filing
02 Dec 2021
Next filing
21 Dec 2021
SEC
View on sec.gov

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 DIS Stock Option (Right-to-Buy) Award $0 +78,675 $0.000000 78,675 14 Dec 2021 Disney Common Stock 78,675 $150.07 Direct F1
transaction DIS Restricted Stock Unit Award $0 +24,989 $0.000000 24,989 14 Dec 2021 Disney Common Stock 24,989 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Options were granted under the Company's 2011 Stock Incentive Plan in a transaction exempt under Rule 16(b)-3. The options vest in three equal installments on each December 14 of 2022 through 2024. In connection with this stock option award, the reporting person also was awarded restricted stock units whose vesting is subject to performance vesting criteria. The number of stock units vesting depends on the extent to which the performance criteria are satisfied, and ranges from zero to 91,902.
F2 Converts at 1-for-1.
F3 This restricted stock unit award was granted under the Company's 2011 Stock Incentive Plan in a transaction exempt under Rule 16(b)-3. The award is scheduled to vest in three equal installments on each December 14 of 2022 through 2024.