SEC Form 4 · accession 0001140361-17-000701
NEWS CORP · NWSA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Peter Barnes
Director
Period of report
Jan 3, 2017
Accepted (ET)
Jan 5, 2017 · 4:15 pm EST
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 | Jan 3, 2017 | M | 4,098 | — | A | 6,087 | D | |
| Class A Common Stock | Jan 3, 2017 | D | 4,098 | $11.69 | D | 1,989 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Deferred Stock UnitsF1,F4,F2,F3 | — | Jan 3, 2017 | M | 4,098 | D | — | — | Class A Common Stock | 4,098 | 47,054 | D |
| Deferred Stock UnitsF4,F2,F5 | — | Jan 3, 2017 | A | 3,100 | A | — | — | Class A Common Stock | 3,100 | 50,154 | D |
Explanation of responses
- F1The deferred stock units were deemed to have settled for the cash value of an equivalent number of shares of News Corporation's Class A Common Stock.
- F2Each deferred stock unit represents the equivalent of one share of News Corporation's Class A Common Stock.
- F3The deferred stock units became payable in cash on January 3, 2017, the first trading day of the quarter five years following the grant.
- F4Represents the aggregate number of deferred stock units held by the Reporting Person, including deferred stock units accrued as a result of dividend equivalents that vest on the same terms as the respective underlying deferred stock units. The reported deferred stock units become payable in cash on the earlier of (i) the first trading day of the quarter five years following the respective grant and (ii) the Reporting Person's end of service as a Director. Deferred stock units were previously reported separately based on their payable dates.
- F5The deferred stock units become payable in cash on the earlier of (i) the first trading day of the quarter five years following the grant and (ii) the Reporting Person's end of service as a Director.