Zenia B. Mucha - Dec 17, 2021 Form 4 Insider Report for Walt Disney Co (DIS)

Signature
/s/ Jolene E. Negre, as attorney-in-fact
Stock symbol
DIS
Transactions as of
Dec 17, 2021
Transactions value $
-$707,791
Form type
4
Date filed
12/21/2021, 08:24 PM
Previous filing
Dec 2, 2021
Next filing
Dec 23, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DIS Disney Common Stock Options Exercise +1.55K +7.88% 21.2K Dec 17, 2021 Direct F1, F2
transaction DIS Disney Common Stock Tax liability -$110K -742 -3.51% $148.21 20.4K Dec 17, 2021 Direct F3
transaction DIS Disney Common Stock Options Exercise +1.84K +9.02% 22.3K Dec 17, 2021 Direct F2, F4, F5
transaction DIS Disney Common Stock Tax liability -$137K -927 -4.16% $148.21 21.3K Dec 17, 2021 Direct F6
transaction DIS Disney Common Stock Options Exercise +1.4K +6.58% 22.7K Dec 19, 2021 Direct F2, F7
transaction DIS Disney Common Stock Tax liability -$100K -676 -2.97% $148.21 22.1K Dec 19, 2021 Direct F8
transaction DIS Disney Common Stock Options Exercise +1.71K +7.75% 23.8K Dec 19, 2021 Direct F2, F9
transaction DIS Disney Common Stock Tax liability -$122K -820 -3.45% $148.21 23K Dec 19, 2021 Direct F10
transaction DIS Disney Common Stock Options Exercise +3.2K +13.94% 26.2K Dec 19, 2021 Direct F2, F11
transaction DIS Disney Common Stock Tax liability -$239K -1.61K -6.16% $148.21 24.5K Dec 19, 2021 Direct F12
holding DIS Disney Common Stock 2.74K Dec 17, 2021 By 401(k) F13

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 -1.55K -33.34% $0.00 3.09K Dec 17, 2021 Disney Common Stock 1.55K Direct F1, F2
transaction DIS Restricted Stock Unit Options Exercise $0 -1.84K -33.34% $0.00 3.68K Dec 17, 2021 Disney Common Stock 1.84K Direct F2, F4, F5
transaction DIS Restricted Stock Unit Options Exercise $0 -1.4K -100% $0.00* 0 Dec 19, 2021 Disney Common Stock 1.4K Direct F2, F7
transaction DIS Restricted Stock Unit Options Exercise $0 -1.71K -50% $0.00 1.71K Dec 19, 2021 Disney Common Stock 1.71K Direct F2, F9
transaction DIS Restricted Stock Unit Options Exercise $0 -3.2K -100% $0.00* 0 Dec 19, 2021 Disney Common Stock 3.2K 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. The remaining stock units vest as to 1,546 stock units on December 17, 2022, and as to 1, 545 stock units on December 17, 2023.
F2 Restricted stock units convert into common stock at 1-for-1.
F3 The 742 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 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 as to 1,842 shares on December 17, 2021, as to 1,841 shares on December 17, 2022, and as to 1,842 shares on December 17, 2023.
F5 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 1,841 stock units on December 17, 2022, and as to 1,842 stock units in December 17, 2023.
F6 The 927 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.
F7 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.
F8 The 676 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. The remaining 1,710 stock units vest on December 19, 2022.
F10 The 820 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, previously reported on a Form 4 dated December 2, 2021. Includes dividend equivalents credited with respect to the award, pursuant to the terms thereof.
F12 The 1,610.755 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. The total also reflects a deduction for cash paid in lieu of fractional shares upon conversion of previously-granted units to shares.
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.