Brent Woodford - 17 Dec 2022 Form 4 Insider Report for Walt Disney Co (DIS)

Role: EVP, Control, Fin Plan & Tax
Signature: /s/ Jolene E. Negre, as attorney-in-fact
Issuer symbol: DIS
Transactions as of: 17 Dec 2022
Net transactions value: -$120,915
Form type: 4
Filing time: 20 Dec 2022, 18:11:53 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		+785	+2.6%		30,438	17 Dec 2022	Direct	F1, F2
transaction	DIS	Disney Common Stock	Tax liability	$17,269	-192	-0.63%	$89.94	30,246	17 Dec 2022	Direct	F3
transaction	DIS	Disney Common Stock	Options Exercise		+1,773	+5.9%		32,019	17 Dec 2022	Direct	F2, F4
transaction	DIS	Disney Common Stock	Tax liability	$38,856	-432	-1.3%	$89.94	31,587	17 Dec 2022	Direct	F5
transaction	DIS	Disney Common Stock	Options Exercise		+2,340	+7.4%		33,927	19 Dec 2022	Direct	F2, F6
transaction	DIS	Disney Common Stock	Tax liability	$64,789	-741	-2.2%	$87.44	33,186	19 Dec 2022	Direct	F7
holding	DIS	Disney Common Stock						285	17 Dec 2022	By 401(k)	F8
holding	DIS	Disney Common Stock						100	17 Dec 2022	By Spouse in IRA

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	-785	-50%	$0.000000	785	17 Dec 2022	Disney Common Stock	785		Direct	F1, F2
transaction	DIS	Restricted Stock Unit	Options Exercise	$0	-1,773	-50%	$0.000000	1,774	17 Dec 2022	Disney Common Stock	1,773		Direct	F2, F4
transaction	DIS	Restricted Stock Unit	Options Exercise	$0	-2,340	-100%	$0.000000^*	0	19 Dec 2022	Disney Common Stock	2,340		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 785 stock units vest on December 17, 2023.
F2	Restricted stock units convert into common stock at 1-for-1.
F3	The 192 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 1,774 stock units vest on December 17, 2023.
F5	The 432 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 741 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	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.