Key facts
- This page summarizes Horacio E. Gutierrez's Form 4 filing for Walt Disney Co (DIS).
- 5 reported transactions and 3 derivative rows are listed below.
- Accepted by SEC: 16 Dec 2022, 19:25.
Horacio E. Gutierrez - 14 Dec 2022 Form 4 Insider Report for Walt Disney Co (DIS)
- Reporting relationship
- Sr EVP and General Counsel
- Issuer ticker
- DIS
- Reported as of
- 14 Dec 2022
- Net transaction value
- -$293,608
- SEC form
- 4
- Accepted by SEC
- 16 Dec 2022, 19:25:43 UTC
- Prior SEC filing
- 10 Mar 2022
- Next SEC filing
- 15 Dec 2023
- Source filing
- View source filing
- Reporting owner signature
- /s/ Jolene E. Negre, as attorney-in-fact
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Filing notes and source
Key filing fact
Horacio E. Gutierrez filed Form 4 for Walt Disney Co (DIS) on 16 Dec 2022.
Change
- Previous filing in this sequence was filed on 10 Mar 2022.
- Current net transaction value: -$293,608.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
DIS
transaction
Disney Common Stock
Options Exercise
- Transaction value
- Shares
- +6,295
- Change %
- +52458%
- Price
- Shares after
- 6,307
- Date
- 14 Dec 2022
- Ownership
- Direct
- Footnotes
- F1, F2
DIS
transaction
Disney Common Stock
Tax liability
- Transaction value
- $293,608
- Shares
- -3,122
- Change %
- -50%
- Price
- $94.04
- Shares after
- 3,185
- Date
- 14 Dec 2022
- Ownership
- Direct
- Footnotes
- F3
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
DIS
transaction
Derivative
Restricted Stock Unit
Options Exercise
- Transaction value
- $0
- Shares
- -6,295
- Change %
- -33%
- Price
- $0.000000
- Shares after
- 12,589
- Date
- 14 Dec 2022
- Ownership
- Direct
- Underlying class
- Disney Common Stock
- Underlying amount
- 6,295
- Exercise price
- Footnotes
- F1, F2
DIS
transaction
Derivative
Stock Option (Right-to-Buy)
Award
- Transaction value
- $0
- Shares
- +48,292
- Change %
- Price
- $0.000000
- Shares after
- 48,292
- Date
- 15 Dec 2022
- Ownership
- Direct
- Underlying class
- Disney Common Stock
- Underlying amount
- 48,292
- Exercise price
- $91.62
- Footnotes
- F4
DIS
transaction
Derivative
Restricted Stock Unit
Award
- Transaction value
- $0
- Shares
- +18,147
- Change %
- Price
- $0.000000
- Shares after
- 18,147
- Date
- 15 Dec 2022
- Ownership
- Direct
- Underlying class
- Disney Common Stock
- Underlying amount
- 18,147
- Exercise price
- Footnotes
- F2, F5
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 5 footnotes
Footnote F1
Vesting of shares connected with grant under The Walt Disney Company's Amended and Restated 2011 Stock Incentive Plan. The remaining stock units vest as to 6,294 stock units on December 14, 2023, and as to 6,295 stock units on December 14, 2024.
Footnote F2
Restricted stock units convert into common stock at 1-for-1.
Footnote F3
The 3,122 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.
Footnote F4
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 65,940.
Footnote F5
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.