Brent Woodford - Jun 15, 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
Stock symbol
DIS
Transactions as of
Jun 15, 2023
Transactions value $
-$229,968
Form type
4
Date filed
2/20/2024, 06:05 PM
Previous filing
Jun 16, 2023
Next filing
Jun 23, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DIS Disney Common Stock Options Exercise +1.11K +2.87% 39.9K Jun 15, 2023 Direct F1, F2, F3
transaction DIS Disney Common Stock Tax liability -$40.6K -439 -1.1% $92.57 39.5K Jun 15, 2023 Direct F4
transaction DIS Disney Common Stock Options Exercise $350K +3.79K +9.6% $92.24 43.3K Feb 15, 2024 Direct
transaction DIS Disney Common Stock Sale -$539K -4.79K -11.07% $112.50 38.5K Feb 15, 2024 Direct F5
holding DIS Disney Common Stock 100 Jun 15, 2023 By Spouse in IRA
holding DIS Disney Common Stock 286 Jun 15, 2023 By 401(k) F6

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 -1.11K -20.54% $0.00 4.31K Jun 15, 2023 Disney Common Stock 1.11K Direct F1, F2
transaction DIS Stock Option (Right-to-Buy) Options Exercise $0 -3.79K -22.58% $0.00 13K Feb 15, 2024 Disney Common Stock 3.79K $92.24 Direct F7
* 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 1,077 stock units on each June 15 of 2024 and 2025 and on December 15, 2024; and as to 1,078 stock units on December 15, 2025.
F2 Restricted stock units convert into common stock at 1-for-1.
F3 Total reflects an increase of 4,400 shares from previously filed Forms 4 to correct an administrative error.
F4 The 439 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.
F5 Shares were sold in three incremental transactions pursuant to a single sell order. Sale prices of individual transactions ranged from $112.47 to $112.505 per share. Upon request, the reporting person will provide to the Securities and Exchange Commission, to the issuer of the securities herein, or to a securities holder the complete sales data, including the number of shares sold at each separate price.
F6 Shares held in The Walt Disney Stock Fund as of February 14, 2024. The Fund is one investment option in the 401(k) Plan and contains Company matching contributions.
F7 The option is fully vested.