Brent Woodford - Jun 14, 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
Jun 14, 2022
Transactions value $
-$31,435
Form type
4
Date filed
6/16/2022, 08:01 PM
Previous filing
Mar 10, 2022
Next filing
Jun 24, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DIS Disney Common Stock Options Exercise +1.36K +5.04% 28.4K Jun 14, 2022 Direct F1, F2
transaction DIS Disney Common Stock Tax liability -$31.4K -332 -1.17% $94.69 28K Jun 14, 2022 Direct F3
holding DIS Disney Common Stock 285 Jun 14, 2022 By 401(k) F4
holding DIS Disney Common Stock 100 Jun 14, 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 -1.36K -16.66% $0.00 6.8K Jun 14, 2022 Disney Common Stock 1.36K 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 Amended and Restated Stock Incentive Plan. The remaining restricted stock units vest as to 1,361 shares on each December 14 of 2022, 2023, and 2024; and as to 1,360 shares on each June 14 of 2023 and 2024.
F2 Restricted stock units convert into common stock at 1-for-1.
F3 The 332 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 June 14, 2022. The Fund is one investment option in the 401(k) Plan and contains Company matching contributions.