Christine M. McCarthy - Dec 14, 2021 Form 4 Insider Report for Walt Disney Co (DIS)

Role
SEVP & Chief Financial Officer
Signature
/s/ Jolene E. Negre, as attorney-in-fact
Stock symbol
DIS
Transactions as of
Dec 14, 2021
Transactions value $
$0
Form type
4
Date filed
12/16/2021, 07:01 PM
Previous filing
Dec 2, 2021
Next filing
Dec 21, 2021

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 +70.8K $0.00 70.8K Dec 14, 2021 Disney Common Stock 70.8K $150.07 Direct F1
transaction DIS Restricted Stock Unit Award $0 +22.5K $0.00 22.5K Dec 14, 2021 Disney Common Stock 22.5K 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 82,712.
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.