SEC Form 4 · accession 0001001039-15-000021
WALT DISNEY CO/ · DIS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Alan N Braverman
Officer — Sr EVP, General Counsel & Secy
Period of report
Jan 16, 2015
Accepted (ET)
Jan 20, 2015 · 8:24 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001001039
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Disney Common StockF1 | Jan 16, 2015 | S | 19,927 | $94.01 | D | 197,825 | D | |
| Disney Common StockF1 | Jan 16, 2015 | S | 20,083 | $95.00 | D | 177,742 | D | |
| Disney Common StockF2 | Jan 16, 2015 | M | 3,893 | $94.605 | A | 181,635 | D | |
| Disney Common StockF3 | Jan 16, 2015 | F | 1,373 | $94.605 | D | 180,262 | D | |
| Disney Common StockF2 | Jan 18, 2015 | M | 5,030 | $94.605 | A | 185,292 | D | |
| Disney Common StockF4 | Jan 18, 2015 | F | 2,509 | $94.605 | D | 182,783 | D | |
| Disney Common StockF5 | Jan 18, 2015 | M | 30,181 | $94.605 | A | 212,964 | D | |
| Disney Common StockF6 | Jan 18, 2015 | F | 14,317 | $94.605 | D | 198,647 | D | |
| Disney Common StockF7 | holding | — | — | — | 10,668 | I | By 401(k) |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitF8,F2 | — | Jan 16, 2015 | M | 3,893 | D | — | Jan 16, 2015 | Disney Common Stock | 3,893 | 0 | D |
| Restricted Stock UnitF8,F2 | $0.00 | Jan 18, 2015 | M | 5,030 | D | — | Jan 18, 2013 | Disney Common Stock | 5,030 | 0 | D |
| Restricted Stock UnitF8,F5 | — | Jan 18, 2015 | M | 30,181 | D | — | Jan 18, 2015 | Disney Common Stock | 30,181 | 0 | D |
Explanation of responses
- F1These sales were effected pursuant to a Rule 10b5-1 trading plan previously adopted by the reporting person.
- F2Vesting of shares connected with grant under The Walt Disney Company's 2002 Executive Performance Plan and 2011 Stock Incentive Plan, previously reported on a Form 4 dated December 4, 2014. Includes dividend equivalents credited with respect to the award, pursuant to the terms thereof.
- F3The 1,373.2653 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.
- F4The 2,508.6758 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.
- F5Vesting of shares connected with grant under The Walt Disney Company's 2002 Executive Performance Plan and 2011 Stock Incentive Plan, previously reported on a Form 4 dated December 22, 2014. Includes dividend equivalents credited with respect to the award, pursuant to the terms thereof.
- F6The 14,316.9612 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.
- F7Shares held in The Walt Disney Stock Fund as of January 16, 2015. The Fund is one investment option in the 401(k) Plan and contains Company matching contributions.
- F8Converts at 1-for-1.