SEC Form 4 · accession 0001001039-17-000104
WALT DISNEY CO/ · DIS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert A Iger
Officer — Chairman and CEO · Director
Period of report
Jan 11, 2017
Accepted (ET)
Jun 9, 2017 · 8:00 pm EDT
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 Stock | Jun 7, 2017 | M | 221,297 | $31.12 | A | 1,566,484 | D | |
| Disney Common StockF1 | Jun 7, 2017 | S | 221,297 | $105.9572 | D | 1,345,187 | D | |
| Disney Common Stock | Jun 8, 2017 | M | 244,281 | $31.12 | A | 1,589,468 | D | |
| Disney Common StockF2 | Jun 8, 2017 | S | 330,038 | $104.8167 | D | 1,259,430 | D | |
| Disney Common Stock | Jun 8, 2017 | S | 400 | $105.51 | D | 1,259,030 | D | |
| Disney Common StockF3 | Jun 9, 2017 | S | 245,843 | $104.675 | D | 1,013,187 | D | |
| Disney Common StockF4 | Jan 11, 2017 | A | 1,245 | $108.935 | A | 1,014,432 | D | |
| Disney Common StockF5 | Jan 11, 2017 | F | 479 | $108.935 | D | 1,013,953 | D | |
| Disney Common StockF6 | holding | — | — | — | 19,703 | I | By 401(k) | |
| Disney Common Stock | holding | — | — | — | 156 | I | By Spouse |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to Buy)F7 | $31.12 | Jun 7, 2017 | M | 221,297 | D | — | Jan 13, 2020 | Disney Common Stock | 221,297 | 244,281 | D |
| Stock Option (Right to Buy)F7 | $31.12 | Jun 8, 2017 | M | 244,281 | D | — | Jan 13, 2020 | Disney Common Stock | 244,281 | 0 | D |
Explanation of responses
- F1Shares were sold in 36 incremental transactions pursuant to a single sell order. Sale prices of individual transactions ranged from $105.810 to $106.005. Upon request, the reporting person will provide to the Securities and Exchange Commission, to the Issuer of the securities herein, or to a securities holder the complete sales data, including the number of shares sold at each separate price.
- F2Shares were sold in 81 incremental transactions pursuant to a single sell order. Sale prices of individual transactions ranged from $104.50 to $105.49. Upon request, the reporting person will provide to the Securities and Exchange Commission, to the Issuer of the securities herein, or to a securities holder the complete sales data, including the number of shares sold at each separate price.
- F3Shares were sold in 77 incremental transactions pursuant to a single sell order. Sale prices of individual transactions ranged from $104.50 to $105.07. Upon request, the reporting person will provide to the Securities and Exchange Commission, to the Issuer of the securities herein, or to a securities holder the complete sales data, including the number of shares sold at each separate price.
- F4Dividend equivalent units vesting in connection with the dividend paid January 11, 2017, and voluntarily reported with this report in lieu of Form 5 reporting.
- F5The 478.9143 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 June 7, 2017. The Fund is one investment option in the 401(k) Plan and contains Company matching contributions.
- F7The option is fully vested.