SEC Form 4 · accession 0001140361-16-076885
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 15, 2016
Accepted (ET)
Aug 16, 2016 · 4:15 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001564708
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common StockF1 | Aug 15, 2016 | M | 207,837 | — | A | 207,837 | D | |
| Class A Common StockF2 | Aug 15, 2016 | F | 116,015 | $13.51 | D | 91,822 | D | |
| Class A Common Stock | Aug 15, 2016 | D | 91,822 | $13.51 | D | 0 | D | |
| Class A Common StockF1 | Aug 15, 2016 | M | 90,928 | — | A | 90,928 | D | |
| Class A Common StockF2 | Aug 15, 2016 | F | 50,757 | $13.51 | D | 40,171 | D | |
| Class A Common Stock | Aug 15, 2016 | D | 40,171 | $13.51 | D | 0 | D |
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 UnitsF1,F3 | — | Aug 15, 2016 | M | 207,837 | D | Aug 15, 2016 | Aug 15, 2016 | Class A Common Stock | 207,837 | 0 | D |
| Cash-Settled Performance Stock UnitsF1,F3 | — | Aug 15, 2016 | M | 90,928 | D | Aug 15, 2016 | Aug 15, 2016 | Class A Common Stock | 90,928 | 0 | D |
Explanation of responses
- F1The cash-settled performance stock units were deemed to have settled for an equivalent number of shares of News Corporation's Class A Common Stock.
- F2Represents shares withheld upon vesting of cash-settled performance stock units to satisfy tax withholding obligation.
- F3Each cash-settled performance stock unit is the economic equivalent of one share of News Corporation's Class A Common Stock.