Paul J. Richardson - Dec 17, 2021 Form 4 Insider Report for Walt Disney Co (DIS)

Role: Sr. EVP and Chief HR Officer
Signature: /s/ Jolene E. Negre as attorney-in-fact
Stock symbol: DIS
Transactions as of: Dec 17, 2021
Transactions value $: -$333,461
Form type: 4
Date filed: 12/21/2021, 08:26 PM
Previous filing: Dec 16, 2021
Next filing: Mar 10, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	DIS	Restricted Stock Unit	Options Exercise		+988			988	Dec 17, 2021	Direct	F1, F2
transaction	DIS	Restricted Stock Unit	Tax liability	-$72.6K	-490	-49.6%	$148.21	498	Dec 17, 2021	Direct	F3
transaction	DIS	Restricted Stock Unit	Options Exercise		+884	+177.51%		1.38K	Dec 17, 2021	Direct	F2, F4
transaction	DIS	Restricted Stock Unit	Tax liability	-$65.1K	-439	-31.77%	$148.21	943	Dec 17, 2021	Direct	F5
transaction	DIS	Restricted Stock Unit	Options Exercise		+1.35K	+143.58%		2.3K	Dec 19, 2021	Direct	F2, F6
transaction	DIS	Restricted Stock Unit	Tax liability	-$99.6K	-672	-29.26%	$148.21	1.63K	Dec 19, 2021	Direct	F7
transaction	DIS	Restricted Stock Unit	Options Exercise		+1.31K	+80.43%		2.93K	Dec 19, 2021	Direct	F2, F8
transaction	DIS	Restricted Stock Unit	Tax liability	-$96.2K	-649	-22.14%	$148.21	2.28K	Dec 19, 2021	Direct	F9

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	-988	-33.33%	$0.00	1.98K	Dec 17, 2021	Disney Common Stock	988		Direct	F1, F2
transaction	DIS	Restricted Stock Unit	Options Exercise	$0	-884	-33.35%	$0.00	1.77K	Dec 17, 2021	Disney Common Stock	884		Direct	F2, F4
transaction	DIS	Restricted Stock Unit	Options Exercise	$0	-1.35K	-100%	$0.00^*	0	Dec 19, 2021	Disney Common Stock	1.35K		Direct	F2, F6
transaction	DIS	Restricted Stock Unit	Options Exercise	$0	-1.31K	-49.98%	$0.00	1.31K	Dec 19, 2021	Disney Common Stock	1.31K		Direct	F2, F8

* 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 988 stock units on each December 17 of 2022 and 2023.
F2	Restricted stock units convert into common stock at 1-for-1.
F3	The 490 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 883 stock units on December 17, 2022, and as to 884 stock units on December 17, 2023.
F5	The 439 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	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.
F7	The 672 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.
F8	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 1,308 stock units vest on December 19, 2022.
F9	The 649 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.