Paul J. Richardson - Mar 8, 2023 Form 4 Insider Report for Walt Disney Co (DIS)

Role
Sr. EVP and Chief HR Officer
Signature
/s/ Jolene E. Negre as attorney-in-fact
Stock symbol
DIS
Transactions as of
Mar 8, 2023
Transactions value $
-$26,323
Form type
4
Date filed
3/9/2023, 06:04 PM
Previous filing
Dec 20, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DIS Disney Common Stock Options Exercise +772 +13.01% 6.71K Mar 8, 2023 Direct F1, F2
transaction DIS Disney Common Stock Tax liability -$26.3K -266 -3.97% $98.96 6.44K Mar 8, 2023 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 -772 -50% $0.00 772 Mar 8, 2023 Disney Common Stock 772 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 772 restricted stock units vest on March 8, 2024.
F2 Restricted stock units convert into common stock at 1-for-1.
F3 The 266 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.