Christine M. McCarthy - Dec 22, 2022 Form 4 Insider Report for Walt Disney Co (DIS)

Role
SEVP & Chief Financial Officer
Signature
/s/ Jolene E. Negre, as attorney-in-fact
Stock symbol
DIS
Transactions as of
Dec 22, 2022
Transactions value $
-$126,594
Form type
4
Date filed
12/27/2022, 06:00 PM
Previous filing
Dec 20, 2022
Next filing
Jan 13, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DIS Disney Common Stock Options Exercise +668 +0.37% 182K Dec 22, 2022 Direct F1, F2
transaction DIS Disney Common Stock Tax liability -$57.3K -668 -0.37% $85.71 182K Dec 22, 2022 Direct F3
transaction DIS Disney Common Stock Options Exercise +809 +0.44% 183K Dec 22, 2022 Direct F2, F4
transaction DIS Disney Common Stock Tax liability -$69.3K -809 -0.44% $85.71 182K Dec 22, 2022 Direct F5
holding DIS Disney Common Stock 4.22K Dec 22, 2022 By 401(k) F6

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 -668 -4.46% $0.00 14.3K Dec 22, 2022 Disney Common Stock 668 Direct F1, F2
transaction DIS Restricted Stock Unit Options Exercise $0 -809 -100% $0.00* 0 Dec 22, 2022 Disney Common Stock 809 Direct F2, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Vesting is limited to shares necessary to cover withholding obligations related to future vestings. The remaining stock units vest as to 7,162 stock units on December 14, 2023, and as to 7,163 stock units on December 14, 2024.
F2 Restricted stock units convert into common stock at 1-for-1.
F3 The 668 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 is limited to shares necessary to cover withholding obligations related to future vestings.
F5 The 809 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 Shares held in The Walt Disney Stock Fund as of December 22, 2022. The Fund is one investment option in the 401(k) Plan and contains Company matching contributions.