SEC Form 4 · accession 0001140361-16-075696
NEWS CORP · NWSA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert J Thomson
Officer — Chief Executive Officer · Director
Period of report
Aug 9, 2016
Accepted (ET)
Aug 10, 2016 · 4:43 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001564708
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash-Settled Performance Stock UnitsF2,F1 | — | Aug 9, 2016 | A | 207,837 | A | Aug 15, 2016 | Aug 15, 2016 | Class A Common Stock | 207,837 | 207,837 | D |
| Cash-Settled Performance Stock UnitsF3,F1 | — | Aug 9, 2016 | A | 90,928 | A | Aug 15, 2016 | Aug 15, 2016 | Class A Common Stock | 90,928 | 90,928 | D |
Explanation of responses
- F1Each cash-settled performance stock unit is the economic equivalent of one share of News Corporation's Class A Common Stock.
- F2The cash-settled performance stock units were granted to the Reporting Person after the achievement of pre-determined performance measures over the three-year performance period and shall vest on August 15, 2016.
- F3The cash-settled performance stock units were granted to the Reporting Person after the achievement of pre-determined performance measures over the three-year performance period and shall vest on August 15, 2016. The cash-settled performance stock units represent a one-time grant in connection with the completion of the separation of News Corporation's businesses from its former parent company, Twenty-First Century Fox, Inc.