SEC Form 4 · accession 0001001039-16-000344
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, 2016
Accepted (ET)
Jan 20, 2016 · 8:00 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, 2016 | M | 3,850 | $95.17 | A | 142,150 | D | |
| Disney Common StockF2 | Jan 16, 2016 | F | 1,370 | $95.17 | D | 140,780 | D | |
| Disney Common StockF3 | Jan 16, 2016 | M | 22,555 | $95.17 | A | 163,335 | D | |
| Disney Common StockF4 | Jan 16, 2016 | F | 10,283 | $95.17 | D | 153,052 | D | |
| Disney Common StockF1 | Jan 18, 2016 | M | 4,857 | $95.17 | A | 157,909 | D | |
| Disney Common StockF5 | Jan 18, 2016 | F | 2,424 | $95.17 | D | 155,485 | D | |
| Disney Common StockF6 | holding | — | — | — | 10,981 | 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 UnitF7,F1 | — | Jan 16, 2016 | M | 3,850 | D | — | Jan 16, 2016 | Disney Common Stock | 3,850 | 0 | D |
| Restricted Stock UnitF7,F3 | — | Jan 16, 2016 | M | 22,555 | D | — | Jan 16, 2016 | Disney Common Stock | 22,555 | 0 | D |
| Restricted Stock UnitF7,F1 | — | Jan 18, 2016 | M | 4,857 | D | — | Jan 18, 2016 | Disney Common Stock | 4,857 | 0 | 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 a Form 4 dated December 3, 2015. Includes dividend equivalents credited with respect to the award, pursuant to the terms thereof.
- F2The 1,370.0001 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.
- F3Vesting 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 18, 2015. Includes dividend equivalents credited with respect to the award, pursuant to the terms thereof.
- F4The 10,283.4579 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.
- F5The 2,423.9572 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.
- F6Shares held in The Walt Disney Stock Fund as of January 19, 2016. The Fund is one investment option in the 401(k) Plan and contains Company matching contributions.
- F7Converts at 1-for-1.