Robert A. Chapek - 28 Feb 2022 Form 4 Insider Report for Walt Disney Co (DIS)

Role
Chief Executive Officer, Director
Signature
/s/ Jolene E. Negre, as attorney-in-fact
Issuer symbol
DIS
Transactions as of
28 Feb 2022
Net transactions value
-$106,538
Form type
4
Filing time
02 Mar 2022, 19:00:48 UTC
Previous filing
23 Dec 2021
Next filing
16 Jan 2024
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 +2,232 +20% 13,672 28 Feb 2022 Direct F1, F2
transaction DIS Disney Common Stock Tax liability $106,538 -720 -5.3% $147.97 12,952 28 Feb 2022 Direct F3
holding DIS Disney Common Stock 91 28 Feb 2022 By Trust
holding DIS Disney Common Stock 123 28 Feb 2022 By Adult Child
holding DIS Disney Common Stock 3,597 28 Feb 2022 By 401(k) F4

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 -2,232 -33% $0.000000 4,463 28 Feb 2022 Disney Common Stock 2,232 Direct F1, F2
* 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 Stock Incentive Plan. The remaining 4,463 restricted stock units vest as to 2,232 restricted stock units on February 28, 2023, and as to 2,231 restricted stock units on February 28, 2024.
F2 Restricted stock units convert into common stock at 1-for-1.
F3 The 720 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 Shares held in The Walt Disney Stock Fund as of February 28, 2022. The Fund is one investment option in the 401(k) Plan and contains Company matching contributions.