Brent Woodford - Dec 17, 2021 Form 4 Insider Report for Walt Disney Co (DIS)

Role
EVP, Control, Fin Plan & Tax
Signature
/s/ Jolene E. Negre, as attorney-in-fact
Stock symbol
DIS
Transactions as of
Dec 17, 2021
Transactions value $
-$558,585
Form type
4
Date filed
12/21/2021, 08:24 PM
Previous filing
Dec 16, 2021
Next filing
Jan 6, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DIS Disney Common Stock Options Exercise +473 +1.37% 35.1K Dec 17, 2021 Direct F1, F2
transaction DIS Disney Common Stock Tax liability -$34.8K -235 -0.67% $148.21 34.9K Dec 17, 2021 Direct F3
transaction DIS Disney Common Stock Options Exercise +1.77K +5.09% 36.6K Dec 17, 2021 Direct F2, F4
transaction DIS Disney Common Stock Tax liability -$130K -880 -2.4% $148.21 35.8K Dec 17, 2021 Direct F5
transaction DIS Disney Common Stock Options Exercise +785 +2.2% 36.5K Dec 17, 2021 Direct F2, F6, F7
transaction DIS Disney Common Stock Tax liability -$57.8K -390 -1.07% $148.21 36.1K Dec 17, 2021 Direct F8
transaction DIS Disney Common Stock Options Exercise +2.22K +6.15% 38.4K Dec 19, 2021 Direct F2, F9
transaction DIS Disney Common Stock Tax liability -$163K -1.1K -2.87% $148.21 37.3K Dec 19, 2021 Direct F10
transaction DIS Disney Common Stock Options Exercise +2.34K +6.28% 39.6K Dec 19, 2021 Direct F2, F11
transaction DIS Disney Common Stock Tax liability -$172K -1.16K -2.93% $148.21 38.4K Dec 19, 2021 Direct F12
holding DIS Disney Common Stock 285 Dec 17, 2021 By 401(k) F13
holding DIS Disney Common Stock 100 Dec 17, 2021 By Spouse in IRA

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 Restricted Stock Unit Options Exercise $0 -473 -100% $0.00* 0 Dec 17, 2021 Disney Common Stock 473 Direct F1, F2
transaction DIS Restricted Stock Unit Options Exercise $0 -1.77K -33.33% $0.00 3.55K Dec 17, 2021 Disney Common Stock 1.77K Direct F2, F4
transaction DIS Disney Common Stock Options Exercise $0 -785 -33.33% $0.00 1.57K Dec 17, 2021 Disney Common Stock 785 Direct F2, F6, F7
transaction DIS Restricted Stock Unit Options Exercise $0 -2.22K -100% $0.00* 0 Dec 19, 2021 Disney Common Stock 2.22K Direct F2, F9
transaction DIS Restricted Stock Unit Options Exercise $0 -2.34K -50% $0.00 2.34K Dec 19, 2021 Disney Common Stock 2.34K Direct F2, F11
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Vesting of shares connected with grant under The Walt Disney Company's 2011 Amended and Restated Stock Plan.
F2 Restricted stock units convert into common stock at 1-for-1.
F3 The 235 shares reported as a disposition represent an automatic reduction of shares issued to the reporting person to discharge withholding tax obligations of reporting person and do not constitute an actual sale or other open-market transaction.
F4 Vesting of shares connected with grant under The Walt Disney Company's 2011 Amended and Restated Stock Plan. The remaining stock units vest as to 1,773 stock units on December 17, 2022, and as to 1,774 stock units on December 17, 2023.
F5 The 880 shares reported as a disposition represent an automatic reduction of shares issued to the reporting person to discharge withholding tax obligations of reporting person and do not constitute an actual sale or other open-market transaction.
F6 The Form 4 filed on December 18, 2020, inadvertently reported that the award vested in four equal installments on each December 17 of 2021 through 2024 due to an administrative error. In fact, the award vests in three equal installments on each December 17 of 2021 through 2023.
F7 Vesting of shares connected with grant under The Walt Disney Company's 2011 Amended and Restated Stock Plan. The remaining stock units vest as to 785 stock units on each December 17 of 2022 and 2023.
F8 The 390 shares reported as a disposition represent an automatic reduction of shares issued to the reporting person to discharge withholding tax obligations of reporting person and do not constitute an actual sale or other open-market transaction.
F9 Vesting of shares connected with grant under The Walt Disney Company's 2011 Amended and Restated Stock Plan. Includes dividend equivalents credited with respect to the award, pursuant to the terms thereof.
F10 The 1,103 shares reported as a disposition represent an automatic reduction of shares issued to the reporting person to discharge withholding tax obligations of reporting person and do not constitute an actual sale or other open-market transaction.
F11 Vesting of shares connected with grant under The Walt Disney Company's 2011 Amended and Restated Stock Plan. The remaining stock units vest as to 2,340 stock units on December 19, 2022.
F12 The 1,161 shares reported as a disposition represent an automatic reduction of shares issued to the reporting person to discharge withholding tax obligations of reporting person and do not constitute an actual sale or other open-market transaction.
F13 Shares held in The Walt Disney Stock Fund as of December 17, 2021. The Fund is one investment option in the 401(k) Plan and contains Company matching contributions.