Sonia L. Coleman - Jun 23, 2023 Form 4 Insider Report for Walt Disney Co (DIS)

Signature
/s/ Jolene E. Negre, as attorney-in-fact
Stock symbol
DIS
Transactions as of
Jun 23, 2023
Transactions value $
$0
Form type
4
Date filed
6/27/2023, 04:49 PM
Previous filing
Aug 3, 2023
Next filing
Jul 19, 2023

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 Stock Option (Right-to-Buy) Award $0 +6.65K $0.00 6.65K Jun 23, 2023 Disney Common Stock 6.65K $88.00 Direct F1
transaction DIS Restricted Stock Unit Award $0 +2.38K $0.00 2.38K Jun 23, 2023 Disney Common Stock 2.38K Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Option was granted under the Company's Amended and Restated 2011 Stock Incentive Plan in a transaction exempt under Rule 16(b)-3. The option vests in three equal installments on each June 23 of 2024 through 2026. In connection with this stock option award, the reporting person also was awarded restricted stock units whose vesting is subject to performance vesting criteria. The number of stock units vesting depends on the extent to which the performance criteria are satisfied, and ranges from zero to 9,786.
F2 Restricted stock units convert into common stock at 1-for-1.
F3 This restricted stock unit award was granted under the Company's Amended and Restated 2011 Stock Incentive Plan in a transaction exempt under Rule 16(b)-3. The award is scheduled to vest as to 792 stock units on each June 23 of 2024 and 2026, and as to 791 stock units on June 23, 2025.