Kristina K. Schake - Dec 27, 2022 Form 4 Insider Report for Walt Disney Co (DIS)

Role
Sr. EVP and Chief Comm Officer
Signature
/s/ Jolene E. Negre, as attorney-in-fact
Stock symbol
DIS
Transactions as of
Dec 27, 2022
Transactions value $
-$155,554
Form type
4
Date filed
12/28/2022, 03:40 PM
Previous filing
Dec 16, 2022
Next filing
Jun 28, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DIS Disney Common Stock Options Exercise +3.61K 3.61K Dec 27, 2022 Direct F1, F2
transaction DIS Disney Common Stock Tax liability -$156K -1.79K -49.6% $86.95 1.82K Dec 27, 2022 Direct F3

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 -3.61K -16.66% $0.00 18K Dec 27, 2022 Disney Common Stock 3.61K 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. The remaining stock units vest as to 3,608 stock units on each June 27 of 2023 through 2025, and as to 3,608 stock units on each December 27 of 2023 and 2024.
F2 Restricted stock units convert into common stock at 1-for-1.
F3 The 1,789 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.