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

Role
Chief Executive Officer, Director
Signature
/s/ Jolene E. Negre, as attorney-in-fact
Stock symbol
DIS
Transactions as of
Feb 28, 2022
Transactions value $
-$106,538
Form type
4
Date filed
3/2/2022, 07:00 PM
Previous filing
Dec 23, 2021
Next filing
Jan 16, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DIS Disney Common Stock Options Exercise +2.23K +19.51% 13.7K Feb 28, 2022 Direct F1, F2
transaction DIS Disney Common Stock Tax liability -$107K -720 -5.27% $147.97 13K Feb 28, 2022 Direct F3
holding DIS Disney Common Stock 91 Feb 28, 2022 By Trust
holding DIS Disney Common Stock 123 Feb 28, 2022 By Adult Child
holding DIS Disney Common Stock 3.6K Feb 28, 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 -2.23K -33.34% $0.00 4.46K Feb 28, 2022 Disney Common Stock 2.23K 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.