Form 4 for DIS Walt Disney Company (The)
Accepted 2022-12-16 00:00:00 ET · period of report 2022-12-14 · accession 0001744489-22-000227 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2022-12-16 | 2022-12-14 | DIS | Gutierrez Horacio E | GC, Sr EVP | F - Tax | $94.05 | -3,122 | 3,185 | -50% | -$293.6K |
| D | 2022-12-16 | 2022-12-14 | DIS | Gutierrez Horacio E | GC, Sr EVP | M - OptEx | — | +6,295 | 6,307 | +52,458% | — |
| D | 2022-12-16 | 2022-12-14 | DIS | Gutierrez Horacio E | GC, Sr EVP | M - OptEx | $0.00 | -6,295 | 12.6K | -33% | $0 |
| DM | 2022-12-16 | 2022-12-15 | DIS | Gutierrez Horacio E | GC, Sr EVP | A - Grant | $0.00 | +66.4K | 18.1K | New | $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 | 2022-12-14 | F | D | 3,122 | $94.05 | 3,185 | D | — | — | (F3) The 3,122 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. |
| 2 | Common | Disney Common Stock | 2022-12-14 | M | A | 6,295 | — | 6,307 | D | — | — | (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 6,294 stock units on December 14, 2023, and as to 6,295 stock units on December 14, 2024. (F2) Restricted stock units convert into common stock at 1-for-1. |
| 3 | Derivative | Restricted Stock Unit | 2022-12-14 | M | D | 6,295 | $0.00 | 12,589 | D | — · — to — | 6,295 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 Amended and Restated 2011 Stock Incentive Plan. The remaining stock units vest as to 6,294 stock units on December 14, 2023, and as to 6,295 stock units on December 14, 2024. |
| 4 | Derivative | Stock Option (Right-to-Buy) | 2022-12-15 | A | A | 48,292 | $0.00 | 48,292 | D | $91.62 · — to 2032-12-15 | 48,292 Disney Common Stock | (F4) 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 is scheduled to vest in three equal installments on each December 15 of 2023 through 2025. 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 65,940. |
| 5 | Derivative | Restricted Stock Unit | 2022-12-15 | A | A | 18,147 | $0.00 | 18,147 | D | — · — to 2025-12-15 | 18,147 Disney Common Stock | (F2) Restricted stock units convert into common stock at 1-for-1. (F5) 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 in three equal installments on each December 15 of 2023 through 2025. |