Statement of Changes in Beneficial Ownership (4)
23 December 2021 - 3:22AM
Edgar (US Regulatory)
FORM 4
[ ]
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
|
OMB APPROVAL
OMB Number:
3235-0287
Estimated average burden hours per response...
0.5
|
|
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
|
|
1. Name and Address of Reporting Person
*
IGER ROBERT A |
2. Issuer Name and Ticker or Trading Symbol
Walt Disney Co
[
DIS
]
|
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director _____ 10% Owner __X__ Officer (give title below) _____ Other (specify below) Executive Chairman |
(Last)
(First)
(Middle)
500 SOUTH BUENA VISTA STREET |
3. Date of Earliest Transaction
(MM/DD/YYYY)
12/19/2021 |
(Street)
BURBANK, CA 91521
(City)
(State)
(Zip)
|
4. If Amendment, Date Original Filed
(MM/DD/YYYY)
|
6. Individual or Joint/Group Filing
(Check Applicable Line)
_X
_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
|
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
|
1.Title of Security (Instr. 3)
|
2. Trans. Date
|
2A. Deemed Execution Date, if any
|
3. Trans. Code (Instr. 8)
|
4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)
|
5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)
|
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)
|
7. Nature of Indirect Beneficial Ownership (Instr. 4)
|
Code
|
V
|
Amount
|
(A) or (D)
|
Price
|
Disney Common Stock | 12/19/2021 | | M | | 36519.0774 (1) | A | (2) | 536519.0774 | D | |
Disney Common Stock | 12/19/2021 | | F | | 18236.0774 (3) | D | $148.205 | 518283 | D | |
Disney Common Stock | 12/19/2021 | | M | | 5299.4604 (1) | A | (2) | 523582.4604 | D | |
Disney Common Stock | 12/19/2021 | | F | | 2647.4604 (4) | D | $148.205 | 520935 | D | |
Disney Common Stock | | | | | | | | 20551.592 (5) | I | By 401(k) |
Disney Common Stock | | | | | | | | 156 | I | By Spouse |
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
|
1. Title of Derivate Security (Instr. 3) | 2. Conversion or Exercise Price of Derivative Security | 3. Trans. Date | 3A. Deemed Execution Date, if any | 4. Trans. Code (Instr. 8) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) | 6. Date Exercisable and Expiration Date | 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) | 8. Price of Derivative Security (Instr. 5) | 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) | 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) | 11. Nature of Indirect Beneficial Ownership (Instr. 4) |
Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares |
Restricted Stock Unit | (2) | 12/19/2021 | | M | | | 36519.0774 | (1) | 12/19/2021 | Disney Common Stock | 36519.0774 | $0 | 0 | D | |
Restricted Stock Unit | (2) | 12/19/2021 | | M | | | 5299.4604 | (1) | 12/19/2021 | Disney Common Stock | 5299.4604 | $0 | 0 | D | |
Explanation of Responses: |
(1) | Vesting of shares connected with grant under The Walt Disney Company's 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. |
(2) | Restricted stock units convert into common stock at 1-for-1. |
(3) | The 18,236.0774 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. |
(4) | The 2,647.4604 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. |
(5) | Shares held in The Walt Disney Stock Fund as of December 17, 2021. The Fund is one investment option in the 401(k) Plan and contains Company matching contributions. |
Reporting Owners
|
Reporting Owner Name / Address | Relationships |
Director | 10% Owner | Officer | Other |
IGER ROBERT A 500 SOUTH BUENA VISTA STREET BURBANK, CA 91521 | X |
| Executive Chairman |
|
Signatures
|
/s/ Jolene E. Negre, as attorney-in-fact | | 12/21/2021 |
**Signature of Reporting Person | Date |
Walt Disney (NYSE:DIS)
Historical Stock Chart
From Apr 2024 to May 2024
Walt Disney (NYSE:DIS)
Historical Stock Chart
From May 2023 to May 2024