Paul J. Richardson - Jun 22, 2022 Form 4 Insider Report for Walt Disney Co (DIS)

Role
Sr. EVP and Chief HR Officer
Signature
/s/ Jolene E. Negre as attorney-in-fact
Stock symbol
DIS
Transactions as of
Jun 22, 2022
Transactions value $
-$28,553
Form type
4
Date filed
6/24/2022, 08:01 PM
Previous filing
Mar 10, 2022
Next filing
Dec 16, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DIS Disney Common Stock Options Exercise +883 +31.63% 3.68K Jun 22, 2022 Direct F1, F2
transaction DIS Disney Common Stock Tax liability -$28.6K -306 -8.33% $93.31 3.37K Jun 22, 2022 Direct F3

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 -883 -33.33% $0.00 1.77K Jun 22, 2022 Disney Common Stock 883 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 883 shares on each June 22 of 2023 and 2024.
F2 Restricted stock units convert into common stock at 1-for-1.
F3 The 306 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.