Kristina K. Schake - Jun 27, 2023 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
Jun 27, 2023
Transactions value $
-$111,166
Form type
4
Date filed
6/28/2023, 06:28 PM
Previous filing
Dec 28, 2022
Next filing
Sep 29, 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 +198.46% 5.43K Jun 27, 2023 Direct F1, F2
transaction DIS Disney Common Stock Tax liability -$111K -1.25K -23% $89.08 4.18K Jun 27, 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 -3.61K -20% $0.00 14.4K Jun 27, 2023 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 December 27 of 2023 and 2024; and as to 3,608 stock units on each June 27 of 2024 and 2025.
F2 Restricted stock units convert into common stock at 1-for-1.
F3 The 1,248 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.