ZWEIFACH GERSON 4
4 · TWENTY-FIRST CENTURY FOX, INC. · Filed Feb 22, 2018
Insider Transaction Report
Form 4
ZWEIFACH GERSON
Sr. EVP, Group General Counsel
Transactions
- Award
Restricted Stock Units
2018-02-20+189,933→ 189,933 total→ Class A Common Stock (189,933 underlying) - Award
Stock-settled Performance Stock Units
2018-02-20+75,918→ 75,918 totalFrom: 2018-08-15Exp: 2018-08-15→ Class A Common Stock (75,918 underlying)
Footnotes (3)
- [F1]1-for-1
- [F2]The restricted stock units will vest 50% at the time of the Initial Merger as defined in the Agreement and Plan of Merger, dated as of December 13, 2017, among Twenty-First Century Fox, Inc. (the "Issuer"), The Walt Disney Company, TWC Merger Enterprises 2 Corp. and TWC Merger Enterprises 1, LLC (the "Merger Agreement") and 50% on the 15-month anniversary of the Initial Merger.
- [F3]These performance stock units were originally granted on August 3, 2015. As contemplated by the Merger Agreement, the Compensation Committee of the Board of Directors of the Issuer determined to modify the outstanding performance stock unit award such that these performance stock units shall vest based on the target number of performance stock units awarded in accordance with the original vesting schedule. The performance stock units will vest on August 15, 2018.