Brent Woodford - Mar 8, 2022 Form 4 Insider Report for Walt Disney Co (DIS)

Role
EVP, Control, Fin Plan & Tax
Signature
/s/ Jolene E. Negre, as attorney-in-fact
Stock symbol
DIS
Transactions as of
Mar 8, 2022
Transactions value $
-$61,056
Form type
4
Date filed
3/10/2022, 07:28 PM
Previous filing
Jan 6, 2022
Next filing
Jun 16, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DIS Disney Common Stock Options Exercise +687 +2.57% 27.5K Mar 8, 2022 Direct F1, F2
transaction DIS Disney Common Stock Tax liability -$31.1K -235 -0.86% $132.39 27.2K Mar 8, 2022 Direct F3
transaction DIS Disney Common Stock Sale -$29.9K -226 -0.83% $132.50 27K Mar 10, 2022 Direct F4
holding DIS Disney Common Stock 285 Mar 8, 2022 By 401(k) F5
holding DIS Disney Common Stock 100 Mar 8, 2022 By Spouse in IRA

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 -687 -33.37% $0.00 1.37K Mar 8, 2022 Disney Common Stock 687 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 Amended and Restated 2011 Stock Incentive Plan. The remaining restricted stock units vest as to 686 shares on each March 8 of 2023 and 2024.
F2 Restricted stock units convert into common stock at 1-for-1.
F3 The 235 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 This transaction was effected pursuant to a Rule 10b5-1 trading plan previously adopted by the reporting person.
F5 Shares held in The Walt Disney Stock Fund as of March 8, 2022. The Fund is one investment option in the 401(k) Plan and contains Company matching contributions.