Form 4 for DIS Walt Disney Company (The)
Accepted 2021-12-21 00:00:00 ET · period of report 2021-12-17 · accession 0001744489-21-000291 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2021-12-21 | 2021-12-17+ | DIS | McCarthy Christine M | CFO, SEVP | M - OptEx | — | +25.7K | 157.6K | +19% | — |
| DM | 2021-12-21 | 2021-12-17+ | DIS | McCarthy Christine M | CFO, SEVP | F - Tax | $148.21 | -12.8K | 158.8K | -7% | -$1.90M |
| DM | 2021-12-21 | 2021-12-17+ | DIS | McCarthy Christine M | CFO, SEVP | M - OptEx | $0.00 | -25.7K | 0 | -100% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Disney Common Stock | 2021-12-17 | M | A | 7,209 | — | 162,445 | D | — | — | (F5) The Form 4 filed on December 18, 2020, inadvertently reported that the award vested in four equal installments on each December 17 of 2021 through 2024 due to an administrative error. In fact, the award vests in three equal installments on each December 17 of 2021 through 2023. (F4) Vesting of shares connected with grant under The Walt Disney Company's 2011 Amended and Restated Stock Plan. The remaining stock units vest as to 7,209 stock units on each December 17 of 2022 and 2023. (F2) Restricted stock units convert into common stock at 1-for-1. |
| 2 | Common | Disney Common Stock | 2021-12-17 | F | D | 2,380 | $148.21 | 155,236 | D | — | — | (F3) The 2,380 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. |
| 3 | Common | Disney Common Stock | 2021-12-19 | M | A | 3,126 | — | 161,976 | D | — | — | (F7) Vesting of shares connected with grant under The Walt Disney Company's 2002 Executive Performance Plan and 2011 Amended and Restated Stock Plan, previously reported on a Form 4 dated December 2, 2021. Includes dividend equivalents credited with respect to the award, pursuant to the terms thereof. (F2) Restricted stock units convert into common stock at 1-for-1. |
| 4 | Common | Disney Common Stock | 2021-12-19 | F | D | 1,559 | $148.21 | 160,417 | D | — | — | (F8) The 1,559 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. |
| 5 | Common | Disney Common Stock | 2021-12-19 | M | A | 3,785 | — | 164,202 | D | — | — | (F9) Vesting of shares connected with grant under The Walt Disney Company's 2002 Executive Performance Plan and 2011 Amended and Restated Stock Plan, previously reported on a Form 4 dated December 2, 2021. Includes dividend equivalents credited with respect to the award, pursuant to the terms thereof. The remaining 3,786 stock units vest on December 19, 2022. (F2) Restricted stock units convert into common stock at 1-for-1. |
| 6 | Common | Disney Common Stock | 2021-12-19 | F | D | 1,888 | $148.21 | 162,314 | D | — | — | (F10) The 1,888 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. |
| 7 | Common | Disney Common Stock | 2021-12-19 | M | A | 6,769.21 | — | 169,083.21 | D | — | — | (F7) Vesting of shares connected with grant under The Walt Disney Company's 2002 Executive Performance Plan and 2011 Amended and Restated Stock Plan, previously reported on a Form 4 dated December 2, 2021. Includes dividend equivalents credited with respect to the award, pursuant to the terms thereof. (F2) Restricted stock units convert into common stock at 1-for-1. |
| 8 | Common | Disney Common Stock | 2021-12-19 | F | D | 3,376.21 | $148.21 | 165,707 | D | — | — | (F11) The 3,376.2066 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. The total also reflects a deduction for cash paid in lieu of fractional shares upon conversion of previously-granted units to shares. |
| 9 | Common | Disney Common Stock | 2021-12-17 | F | D | 3,595 | $148.21 | 158,850 | D | — | — | (F6) The 3,595 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. |
| 10 | Common | Disney Common Stock | 2021-12-17 | M | A | 4,771 | — | 157,616 | D | — | — | (F1) Vesting of shares connected with grant under The Walt Disney Company's 2002 Executive Performance Plan and 2011 Amended and Restated Stock Plan, previously reported on a Form 4 dated December 2, 2021. The remaining stock units vest as to 4,770 stock units on December 17, 2022, and as to 4,771 stock units on December 17, 2023. (F2) Restricted stock units convert into common stock at 1-for-1. |
| 11 | Derivative | Restricted Stock Unit | 2021-12-19 | M | D | 3,785 | $0.00 | 3,786 | D | — · — to — | 3,785 Disney Common Stock | (F2) Restricted stock units convert into common stock at 1-for-1. (F9) Vesting of shares connected with grant under The Walt Disney Company's 2002 Executive Performance Plan and 2011 Amended and Restated Stock Plan, previously reported on a Form 4 dated December 2, 2021. Includes dividend equivalents credited with respect to the award, pursuant to the terms thereof. The remaining 3,786 stock units vest on December 19, 2022. |
| 12 | Derivative | Restricted Stock Unit | 2021-12-19 | M | D | 3,126 | $0.00 | 0 | D | — · — to 2021-12-19 | 3,126 Disney Common Stock | (F2) Restricted stock units convert into common stock at 1-for-1. (F7) Vesting of shares connected with grant under The Walt Disney Company's 2002 Executive Performance Plan and 2011 Amended and Restated Stock Plan, previously reported on a Form 4 dated December 2, 2021. Includes dividend equivalents credited with respect to the award, pursuant to the terms thereof. |
| 13 | Derivative | Restricted Stock Unit | 2021-12-17 | M | D | 7,209 | $0.00 | 14,418 | D | — · — to — | 7,209 Disney Common Stock | (F2) Restricted stock units convert into common stock at 1-for-1. (F5) The Form 4 filed on December 18, 2020, inadvertently reported that the award vested in four equal installments on each December 17 of 2021 through 2024 due to an administrative error. In fact, the award vests in three equal installments on each December 17 of 2021 through 2023. (F4) Vesting of shares connected with grant under The Walt Disney Company's 2011 Amended and Restated Stock Plan. The remaining stock units vest as to 7,209 stock units on each December 17 of 2022 and 2023. |
| 14 | Derivative | Restricted Stock Unit | 2021-12-17 | M | D | 4,771 | $0.00 | 9,541 | D | — · — to — | 4,771 Disney Common Stock | (F2) Restricted stock units convert into common stock at 1-for-1. (F1) Vesting of shares connected with grant under The Walt Disney Company's 2002 Executive Performance Plan and 2011 Amended and Restated Stock Plan, previously reported on a Form 4 dated December 2, 2021. The remaining stock units vest as to 4,770 stock units on December 17, 2022, and as to 4,771 stock units on December 17, 2023. |
| 15 | Derivative | Restricted Stock Unit | 2021-12-19 | M | D | 6,769.21 | $0.00 | 0 | D | — · — to 2021-12-19 | 6,769.21 Disney Common Stock | (F2) Restricted stock units convert into common stock at 1-for-1. (F7) Vesting of shares connected with grant under The Walt Disney Company's 2002 Executive Performance Plan and 2011 Amended and Restated Stock Plan, previously reported on a Form 4 dated December 2, 2021. Includes dividend equivalents credited with respect to the award, pursuant to the terms thereof. |