SEC Form 4 · accession 0001001039-18-000223
WALT DISNEY CO/ · DIS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Christine M McCarthy
Officer — SEVP-Chief Financial Officer
Period of report
Dec 17, 2018
Accepted (ET)
Dec 19, 2018 · 7:30 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 17, 2018 | M | 7,278 | $111.46 | A | 134,732 | D | |
| Disney Common StockF2 | Dec 17, 2018 | F | 2,877 | $111.46 | D | 131,855 | D | |
| Disney Common Stock | Dec 17, 2018 | M | 2,247 | $111.46 | A | 134,101 | D | |
| Disney Common StockF3 | Dec 17, 2018 | F | 778 | $111.46 | D | 133,324 | D | |
| Disney Common StockF1 | Dec 18, 2018 | M | 1,411 | $109.99 | A | 134,735 | D | |
| Disney Common StockF4 | Dec 18, 2018 | F | 489 | $109.99 | D | 134,246 | D | |
| Disney Common StockF5 | holding | — | — | — | 3,917 | 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 UnitF6,F1 | — | Dec 17, 2018 | M | 7,278 | D | — | Dec 17, 2018 | Disney Common Stock | 7,278 | 0 | D |
| Restricted Stock UnitF6,F1 | — | Dec 17, 2018 | M | 2,247 | D | — | Dec 17, 2018 | Disney Common Stock | 2,247 | 0 | D |
| Restricted Stock UnitF6,F1 | — | Dec 18, 2018 | M | 1,411 | D | — | Dec 18, 2018 | Disney Common Stock | 1,411 | 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 November 29, 2018. Includes dividend equivalents credited with respect to the award, pursuant to the terms thereof.
- F2The 2,877.2971 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.
- F3The 777.5026 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 489.4218 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.
- F5Shares held in The Walt Disney Stock Fund as of December 18, 2018. The Fund is one investment option in the 401(k) Plan and contains Company matching contributions.
- F6Converts at 1-for-1.