Kristina K. Schake - Dec 15, 2022 Form 4 Insider Report for Walt Disney Co (DIS)

Role
Sr. EVP and Chief Comm Officer
Signature
/s/ Jolene E. Negre, as attorney-in-fact
Stock symbol
DIS
Transactions as of
Dec 15, 2022
Transactions value $
$0
Form type
4
Date filed
12/16/2022, 07:24 PM
Previous filing
Sep 30, 2022
Next filing
Dec 28, 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 +13.4K $0.00 13.4K Dec 15, 2022 Disney Common Stock 13.4K $91.62 Direct F1
transaction DIS Restricted Stock Unit Award $0 +5.05K $0.00 5.05K Dec 15, 2022 Disney Common Stock 5.05K Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Option was granted under the Company's Amended and Restated 2011 Stock Incentive Plan in a transaction exempt under Rule 16(b)-3. The option is scheduled to vest in three equal installments on each December 15 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 18,332.
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 December 15 of 2023 through 2025.