Paul J. Richardson - 17 Dec 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
Issuer symbol: DIS
Transactions as of: 17 Dec 2022
Net transactions value: -$140,214
Form type: 4
Filing time: 20 Dec 2022, 18:10:51 UTC
Previous filing: 16 Dec 2022
Next filing: 09 Mar 2023
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		+883	+20%		5,216	17 Dec 2022	Direct	F1, F2
transaction	DIS	Disney Common Stock	Tax liability	$39,396	-438	-8.4%	$89.94	4,778	17 Dec 2022	Direct	F3
transaction	DIS	Disney Common Stock	Options Exercise		+988	+21%		5,766	17 Dec 2022	Direct	F2, F4
transaction	DIS	Disney Common Stock	Tax liability	$44,073	-490	-8.5%	$89.94	5,276	17 Dec 2022	Direct	F5
transaction	DIS	Disney Common Stock	Options Exercise		+1,308	+25%		6,584	19 Dec 2022	Direct	F2, F6
transaction	DIS	Disney Common Stock	Tax liability	$56,745	-649	-9.9%	$87.44	5,935	19 Dec 2022	Direct	F7

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	-50%	$0.000000	884	17 Dec 2022	Disney Common Stock	883		Direct	F1, F2
transaction	DIS	Restricted Stock Unit	Options Exercise	$0	-988	-50%	$0.000000	988	17 Dec 2022	Disney Common Stock	988		Direct	F2, F4
transaction	DIS	Restricted Stock Unit	Options Exercise	$0	-1,308	-100%	$0.000000^*	0	19 Dec 2022	Disney Common Stock	1,308		Direct	F2, F6

* 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 Amended and Restated 2011 Stock Incentive Plan. The remaining 884 stock units vest on December 17, 2023.
F2	Restricted stock units convert into common stock at 1-for-1.
F3	The 438 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	Vesting of shares connected with grant under The Walt Disney Company's Amended and Restated 2011 Stock Incentive Plan. The remaining 988 stock units vest on December 17, 2023.
F5	The 490 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.
F6	Vesting of shares connected with grant under The Walt Disney Company's Amended and Restated 2011 Stock Incentive Plan. Includes dividend equivalents credited with respect to the award, pursuant to the terms thereof.
F7	The 649 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.