Christine M. McCarthy - 17 Dec 2022 Form 4 Insider Report for Walt Disney Co (DIS)

Role
SEVP & Chief Financial Officer
Signature
/s/ Jolene E. Negre, as attorney-in-fact
Issuer symbol
DIS
Transactions as of
17 Dec 2022
Net transactions value
-$1,058,619
Form type
4
Filing time
20 Dec 2022, 18:11:12 UTC
Previous filing
16 Dec 2022
Next filing
27 Dec 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 +4,770 +2.8% 174,256 17 Dec 2022 Direct F1, F2
transaction DIS Disney Common Stock Tax liability $212,720 -2,365 -1.4% $89.94 171,891 17 Dec 2022 Direct F3
transaction DIS Disney Common Stock Options Exercise +8,724 +5.1% 180,615 17 Dec 2022 Direct F2, F4
transaction DIS Disney Common Stock Tax liability $389,106 -4,326 -2.4% $89.94 176,289 17 Dec 2022 Direct F5
transaction DIS Disney Common Stock Options Exercise +6,886 +3.9% 183,175 17 Dec 2022 Direct F2, F6
transaction DIS Disney Common Stock Tax liability $292,591 -3,253 -1.8% $89.94 179,922 17 Dec 2022 Direct F7
transaction DIS Disney Common Stock Options Exercise +3,786 +2.1% 183,708 19 Dec 2022 Direct F2, F8
transaction DIS Disney Common Stock Tax liability $164,203 -1,878 -1% $87.44 181,830 19 Dec 2022 Direct F9
holding DIS Disney Common Stock 4,219 17 Dec 2022 By 401(k) F10

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 -4,770 -100% $0.000000* 0 17 Dec 2022 Disney Common Stock 4,770 Direct F1, F2
transaction DIS Restricted Stock Unit Options Exercise $0 -8,724 -100% $0.000000* 0 17 Dec 2022 Disney Common Stock 8,724 Direct F2, F4
transaction DIS Restricted Stock Unit Options Exercise $0 -6,886 -50% $0.000000 6,886 17 Dec 2022 Disney Common Stock 6,886 Direct F2, F6
transaction DIS Restricted Stock Unit Options Exercise $0 -3,786 -100% $0.000000* 0 19 Dec 2022 Disney Common Stock 3,786 Direct F2, F8
* 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, previously reported on Form 4 dated December 1, 2022.
F2 Restricted stock units convert into common stock at 1-for-1.
F3 The 2,365 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, previously reported on Form 4 dated December 1, 2022.
F5 The 4,326.0388 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. The total also reflects a deduction for cash paid in lieu of fractional shares upon conversion of previously-granted units to shares.
F6 Vesting of shares connected with grant under The Walt Disney Company's Amended and Restated 2011 Stock Incentive Plan. The remaining 6,886 shares vest on December 17, 2023.
F7 The 3,253 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.
F8 Vesting of shares connected with grant under The Walt Disney Company's Amended and Restated 2011 Stock Incentive Plan, previously reported on a Form 4 dated December 1, 2022. Includes dividend equivalents credited with respect to the award, pursuant to the terms thereof.
F9 The 1,878 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.
F10 Shares held in The Walt Disney Stock Fund as of December 19, 2022. The Fund is one investment option in the 401(k) Plan and contains Company matching contributions.