SEC Form 4 · accession 0001001039-15-000307
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
Dec 21, 2015
Accepted (ET)
Dec 23, 2015 · 1:51 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 | Dec 21, 2015 | M | 1,285 | $107.715 | A | 139,585 | D | |
| Disney Common StockF2 | Dec 21, 2015 | F | 1,285 | $107.715 | D | 138,300 | D | |
| Disney Common StockF1 | Dec 21, 2015 | M | 237 | $107.715 | A | 138,537 | D | |
| Disney Common StockF3 | Dec 21, 2015 | F | 237 | $107.715 | D | 138,300 | D | |
| Disney Common StockF4 | holding | — | — | — | 10,840 | 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 UnitF5,F1 | — | Dec 21, 2015 | M | 1,285 | D | — | Jan 16, 2016 | Disney Common Stock | 1,285 | 26,118 | D |
| Restricted Stock UnitF5,F1 | — | Dec 21, 2015 | M | 237 | D | — | Jan 18, 2016 | Disney Common Stock | 237 | 4,821 | D |
Explanation of responses
- F1Vesting of shares connected with grant under The Walt Disney Company's 2002 Executive Performance Plan and 2011 Stock Incentive Plan, previously reported on Form 4s dated December 3 and December 18, 2015. Vesting is limited to shares necessary to cover withholding obligations in the current calendar year relating to vesting scheduled for the following calendar year.
- F2The 1,285 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.
- F3The 237 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.
- F4Shares held in The Walt Disney Stock Fund as of December 17, 2015. The Fund is one investment option in the 401(k) Plan and contains Company matching contributions.
- F5Converts at 1-for-1.