SEC Form 4 · accession 0001001039-18-000227
WALT DISNEY CO/ · DIS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Zenia B. Mucha
Officer — SEVP Corporate Communications
Period of report
Dec 17, 2018
Accepted (ET)
Dec 19, 2018 · 7:33 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 | 4,535 | $111.46 | A | 57,003 | D | |
| Disney Common StockF2 | Dec 17, 2018 | F | 2,249 | $111.46 | D | 54,754 | D | |
| Disney Common StockF3 | Dec 17, 2018 | M | 1,335 | $111.46 | A | 56,089 | D | |
| Disney Common StockF4 | Dec 17, 2018 | F | 632 | $111.46 | D | 55,457 | D | |
| Disney Common StockF3 | Dec 18, 2018 | M | 1,585 | $109.99 | A | 57,042 | D | |
| Disney Common StockF5 | Dec 18, 2018 | F | 751 | $109.99 | D | 56,291 | D | |
| Disney Common StockF6 | holding | — | — | — | 2,605 | 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 | — | Dec 17, 2018 | M | 4,535 | D | — | Dec 17, 2018 | Disney Common Stock | 4,535 | 0 | D |
| Restricted Stock UnitF7,F3 | — | Dec 17, 2018 | M | 1,335 | D | — | Dec 17, 2018 | Disney Common Stock | 1,335 | 0 | D |
| Restricted Stock UnitF7,F3 | — | Dec 18, 2018 | M | 1,585 | D | — | Dec 18, 2018 | Disney Common Stock | 1,585 | 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 2,249.3666 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. Includes dividend equivalents credited with respect to the award, pursuant to the terms thereof.
- F4The 631.6136 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 751.2897 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 December 18, 2018. The Fund is one investment option in the 401(k) Plan and contains Company matching contributions.
- F7Converts at 1-for-1.