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

Signature
/s/ Jolene E. Negre, as attorney-in-fact
Issuer symbol
DIS
Transactions as of
23 Jun 2023
Net transactions value
$0
Form type
4
Filing time
27 Jun 2023, 16:49:43 UTC
Previous filing
03 Aug 2023
Next filing
19 Jul 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 +6,654 $0.000000 6,654 23 Jun 2023 Disney Common Stock 6,654 $88.00 Direct F1
transaction DIS Restricted Stock Unit Award $0 +2,375 $0.000000 2,375 23 Jun 2023 Disney Common Stock 2,375 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.