ROBERT A. IGER - 22 Dec 2021 Form 4 Insider Report for Walt Disney Co (DIS)

Role
Executive Chairman, Director
Signature
/s/ Jolene E. Negre, as attorney-in-fact
Issuer symbol
DIS
Transactions as of
22 Dec 2021
Net transactions value
-$200,423
Form type
4
Filing time
23 Dec 2021, 12:12:53 UTC
Previous filing
21 Dec 2021
Next filing
04 Jan 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DIS Disney Common Stock Options Exercise +726 +0.14% 521,661 22 Dec 2021 Direct F1, F2
transaction DIS Disney Common Stock Tax liability $109,651 -726 -0.14% $151.04 520,935 22 Dec 2021 Direct F3
transaction DIS Disney Common Stock Options Exercise +601 +0.12% 521,536 22 Dec 2021 Direct F1, F2
transaction DIS Disney Common Stock Tax liability $90,772 -601 -0.12% $151.04 520,935 22 Dec 2021 Direct F4
holding DIS Disney Common Stock 20,552 22 Dec 2021 By 401(k) F5
holding DIS Disney Common Stock 156 22 Dec 2021 By Spouse

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 -726 -100% $0.000000* 0 22 Dec 2021 Disney Common Stock 726 Direct F1, F2
transaction DIS Restricted Stock Unit Options Exercise $0 -601 -100% $0.000000* 0 22 Dec 2021 Disney Common Stock 601 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 726 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 601 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.
F5 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.