Morrell Geoff 4
4 · Walt Disney Co · Filed Mar 10, 2022
Insider Transaction Report
Form 4
Morrell Geoff
SEVP Chf Corp Affairs Officer
Transactions
- Award
Stock Option (Right-to-Buy)
2022-03-08+27,376→ 27,376 totalExercise: $132.39Exp: 2032-03-08→ Disney Common Stock (27,376 underlying) - Award
Restricted Stock Unit
2022-03-08+8,970→ 8,970 total→ Disney Common Stock (8,970 underlying)
Footnotes (3)
- [F1]Options were granted under the Company's Amended and Restated 2011 Stock Incentive Plan in a transaction exempt under Rule 16(b)-3. The options vest in three equal installments on each March 8 of 2023 through 2025. In connection with this stock option award, the reporting person also was awarded restricted stock units whose vesting is subject to performance vesting criteria. The number of stock units vesting depends on the extent to which the performance criteria are satisfied, and ranges from zero to 29,926.
- [F2]Restricted stock units convert into common stock at 1-for-1.
- [F3]This restricted stock unit award was granted under the Company's Amended and Restated 2011 Stock Incentive Plan in a transaction exempt under Rule 16(b)-3. The award is scheduled to vest in three equal installments on each March 8 of 2023 through 2025.