Alan N. Braverman - Dec 22, 2021 Form 4 Insider Report for Walt Disney Co (DIS)

Role
Sr EVP, General Counsel & Secy
Signature
/s/ Jolene E. Negre, as attorney-in-fact
Stock symbol
DIS
Transactions as of
Dec 22, 2021
Transactions value $
-$107,688
Form type
4
Date filed
12/23/2021, 12:12 PM
Previous filing
Dec 21, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DIS Disney Common Stock Options Exercise +160 +0.15% 110K Dec 22, 2021 Direct F1, F2
transaction DIS Disney Common Stock Tax liability -$24.2K -160 -0.15% $151.04 109K Dec 22, 2021 Direct F3
transaction DIS Disney Common Stock Options Exercise +417 +0.38% 110K Dec 22, 2021 Direct F2, F4
transaction DIS Disney Common Stock Tax liability -$63K -417 -0.38% $151.04 109K Dec 22, 2021 Direct F5
transaction DIS Disney Common Stock Options Exercise +136 +0.12% 110K Dec 22, 2021 Direct F1, F2
transaction DIS Disney Common Stock Tax liability -$20.5K -136 -0.12% $151.04 109K Dec 22, 2021 Direct F6
holding DIS Disney Common Stock 12.5K Dec 22, 2021 By 401(k) F7

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 -160 -100% $0.00* 0 Dec 22, 2021 Disney Common Stock 160 Direct F1, F2
transaction DIS Restricted Stock Unit Options Exercise $0 -417 -4.49% $0.00 8.87K Dec 22, 2021 Disney Common Stock 417 Direct F2, F4
transaction DIS Restricted Stock Unit Options Exercise $0 -136 -100% $0.00* 0 Dec 22, 2021 Disney Common Stock 136 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Vesting is limited to shares necessary to cover withholding obligations related to future vestings.
F2 Restricted stock units convert into common stock at 1-for-1.
F3 The 160 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 is limited to shares necessary to cover withholding obligations related to future vestings. The remaining stock units vest as to 4,436 stock units on December 17, 2022, and as to 4,435 stock units on December 17, 2023.
F5 The 417 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 136 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 Shares held in The Walt Disney Stock Fund as of December 21, 2021. The Fund is one investment option in the 401(k) Plan and contains Company matching contributions.