Robert A. Iger - Dec 17, 2022 Form 4 Insider Report for Walt Disney Co (DIS)

Role: Chief Executive Officer, Director
Signature: /s/ Jolene E. Negre, as attorney-in-fact
Stock symbol: DIS
Transactions as of: Dec 17, 2022
Transactions value $: -$1,373,531
Form type: 4
Date filed: 12/20/2022, 06:11 PM
Previous filing: Dec 1, 2022
Next filing: Dec 27, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	DIS	Disney Common Stock	Options Exercise		+31.4K	+20.96%		181K	Dec 17, 2022	Direct	F1, F2
transaction	DIS	Disney Common Stock	Tax liability	-$1.37M	-15.3K	-8.42%	$89.95	166K	Dec 17, 2022	Direct	F3
holding	DIS	Disney Common Stock						20.6K	Dec 17, 2022	By 401(k)	F4
holding	DIS	Disney Common Stock						156	Dec 17, 2022	By Spouse

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	-31.4K	-100%	$0.00^*	0	Dec 17, 2022	Disney Common Stock	31.4K		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 Amended and Restated 2011 Stock Incentive Plan, previously reported on a Form 4 dated December 1, 2022.
F2	Restricted stock units convert into common stock at 1-for-1.
F3	The 15,270.7826 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.
F4	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.