Brent Woodford - 14 Jun 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
Issuer symbol: DIS
Transactions as of: 14 Jun 2022
Net transactions value: -$31,435
Form type: 4
Filing time: 16 Jun 2022, 20:01:00 UTC
Previous filing: 10 Mar 2022
Next filing: 24 Jun 2022
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		+1,360	+5%		28,363	14 Jun 2022	Direct	F1, F2
transaction	DIS	Disney Common Stock	Tax liability	$31,435	-332	-1.2%	$94.68	28,031	14 Jun 2022	Direct	F3
holding	DIS	Disney Common Stock						285	14 Jun 2022	By 401(k)	F4
holding	DIS	Disney Common Stock						100	14 Jun 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	-1,360	-17%	$0.000000	6,803	14 Jun 2022	Disney Common Stock	1,360		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.