IGER ROBERT A 4
4 · Walt Disney Co · Filed Dec 19, 2023
Insider Transaction Report
Form 4
IGER ROBERT A
DirectorChairman and CEO
Transactions
- Tax Payment
Disney Common Stock
2023-12-17$93.44/sh−16,642$1,555,012→ 184,191.742 total - Exercise/Conversion
Disney Common Stock
2023-12-17+34,667.742→ 200,833.742 total - Award
Stock Option (Right-to-Buy)
2023-12-15+374,417→ 374,417 totalExercise: $93.44Exp: 2033-12-15→ Disney Common Stock (374,417 underlying) - Exercise/Conversion
Restricted Stock Unit
2023-12-17−34,667.742→ 0 totalExp: 2023-12-17→ Disney Common Stock (34,667.742 underlying)
Holdings
- 20,551.592(indirect: By 401(k))
Disney Common Stock
- 156(indirect: By Spouse)
Disney Common Stock
Footnotes (5)
- [F1]Vesting of shares connected with grant under The Walt Disney Company's Amended and Restated 2011 Stock Incentive Plan, previously reported on a Form 4 dated November 29, 2023.
- [F2]Restricted stock units convert into common stock at 1-for-1.
- [F3]The 16,642 shares reported as a disposition represent an automatic reduction of shares issued to the reporting person to discharge withholding tax obligations of reporting person and do not constitute an actual sale or other open-market transaction.
- [F4]Shares held in The Walt Disney Stock Fund as of December 18, 2023. The Fund is one investment option in the 401(k) Plan and contains Company matching contributions.
- [F5]Option was granted under the Company's Amended and Restated 2011 Stock Incentive Plan in a transaction exempt under Rule 16(b)-3. The option is scheduled to vest as to 124,806 shares on each December 15 of 2024 and 2026; and as to 124,805 shares on December 15, 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 335,030.