Robert A. Iger - Dec 22, 2021 Form 4 Insider Report for Walt Disney Co (DIS)

Role
Executive Chairman, Director
Signature
/s/ Jolene E. Negre, as attorney-in-fact
Stock symbol
DIS
Transactions as of
Dec 22, 2021
Transactions value $
-$200,423
Form type
4
Date filed
12/23/2021, 12:12 PM
Previous filing
Dec 21, 2021
Next filing
Jan 4, 2022

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% 522K Dec 22, 2021 Direct F1, F2
transaction DIS Disney Common Stock Tax liability -$110K -726 -0.14% $151.04 521K Dec 22, 2021 Direct F3
transaction DIS Disney Common Stock Options Exercise +601 +0.12% 522K Dec 22, 2021 Direct F1, F2
transaction DIS Disney Common Stock Tax liability -$90.8K -601 -0.12% $151.04 521K Dec 22, 2021 Direct F4
holding DIS Disney Common Stock 20.6K Dec 22, 2021 By 401(k) F5
holding DIS Disney Common Stock 156 Dec 22, 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% $0.00* 0 Dec 22, 2021 Disney Common Stock 726 Direct F1, F2
transaction DIS Restricted Stock Unit Options Exercise $0 -601 -100% $0.00* 0 Dec 22, 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.