Horacio E. Gutierrez - Dec 14, 2023 Form 4 Insider Report for Walt Disney Co (DIS)

Role
Sr EVP and General Counsel
Signature
/s/ Jolene E. Negre, as attorney-in-fact
Stock symbol
DIS
Transactions as of
Dec 14, 2023
Transactions value $
-$293,436
Form type
4
Date filed
12/15/2023, 06:45 PM
Previous filing
Dec 16, 2022
Next filing
Dec 19, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DIS Disney Common Stock Options Exercise +6.29K +197.61% 9.48K Dec 14, 2023 Direct F1, F2
transaction DIS Disney Common Stock Tax liability -$293K -3.12K -32.93% $94.02 6.36K Dec 14, 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 -6.29K -50% $0.00 6.3K Dec 14, 2023 Disney Common Stock 6.29K 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 6,295 stock units on December 14, 2024.
F2 Restricted stock units convert into common stock at 1-for-1.
F3 The 3,121 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.