Brent Woodford - 14 Jun 2023 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
14 Jun 2023
Net transactions value
-$36,076
Form type
4
Filing time
16 Jun 2023, 15:06:35 UTC
Previous filing
25 Apr 2023
Next filing
20 Feb 2024
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 +1,310 +4.5% 30,448 14 Jun 2023 Direct F1, F2
transaction DIS Disney Common Stock Tax liability $36,076 -387 -1.3% $93.22 30,061 14 Jun 2023 Direct F3
holding DIS Disney Common Stock 100 14 Jun 2023 By Spouse in IRA
holding DIS Disney Common Stock 285 14 Jun 2023 By 401(k) F4

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 -1,310 -25% $0.000000 3,929 14 Jun 2023 Disney Common Stock 1,310 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 1,310 stock units on each December 14 of 2023 and 2024; and as to 1,309 stock units on June 14, 2024.
F2 Restricted stock units convert into common stock at 1-for-1.
F3 The 387 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 Shares held in The Walt Disney Stock Fund as of June 14, 2023. The Fund is one investment option in the 401(k) Plan and contains Company matching contributions.