SEC Form 4 · accession 0001567619-18-001387
NEWS CORP · NWSA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David B Pitofsky
Officer — General Counsel
Period of report
Aug 15, 2018
Accepted (ET)
Aug 17, 2018 · 4:16 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, 2018 | M | 36,077 | — | A | 53,500 | D | |
| Class A Common StockF2 | Aug 15, 2018 | F | 19,201 | $13.69 | D | 34,299 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock-Settled Performance Stock UnitsF1,F3 | — | Aug 15, 2018 | M | 36,077 | D | Aug 15, 2018 | Aug 15, 2018 | Class A Common Stock | 36,077 | 0 | D |
Explanation of responses
- F1The stock-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 stock-settled performance stock units to satisfy tax withholding obligation.
- F3Each stock-settled performance stock unit is the economic equivalent of one share of News Corporation's Class A Common Stock.