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

Role
SEVP Chf Corp Affairs Officer
Signature
/s/ Jolene E. Negre, as attorney-in-fact
Stock symbol
DIS
Transactions as of
Mar 8, 2022
Transactions value $
$0
Form type
4
Date filed
3/10/2022, 07:29 PM
Previous filing
Jan 24, 2022

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 Stock Option (Right-to-Buy) Award $0 +27.4K $0.00 27.4K Mar 8, 2022 Disney Common Stock 27.4K $132.39 Direct F1
transaction DIS Restricted Stock Unit Award $0 +8.97K $0.00 8.97K Mar 8, 2022 Disney Common Stock 8.97K Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Options were granted under the Company's Amended and Restated 2011 Stock Incentive Plan in a transaction exempt under Rule 16(b)-3. The options vest in three equal installments on each March 8 of 2023 through 2025. In connection with this stock option award, the reporting person also was awarded restricted stock units whose vesting is subject to performance vesting criteria. The number of stock units vesting depends on the extent to which the performance criteria are satisfied, and ranges from zero to 29,926.
F2 Restricted stock units convert into common stock at 1-for-1.
F3 This restricted stock unit award was granted under the Company's Amended and Restated 2011 Stock Incentive Plan in a transaction exempt under Rule 16(b)-3. The award is scheduled to vest in three equal installments on each March 8 of 2023 through 2025.