Form Type: 4

SEC EDGAR Link
Accession Number:0001744489-20-000237
Date:2020-12-17
Issuer: WALT DISNEY CO (DIS)
Original Submission Date:

Reporting Person:

MCCARTHY CHRISTINE M
500 SOUTH BUENA VISTA STREET
BURBANK, CA 91521

Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
Title of SecurityTransaction Date2a. Deemed Execution Date Transaction CodeSharesAcquired or DisposedPrice per share 5. Amount of Securities Beneficially Owned Following Reported Transaction 6. Ownership Form Direct or IndirectNature of Indirect Ownership
DISNEY COMMON STOCK 2020-12-17 M 4,770 a $173.40 146,071 direct
DISNEY COMMON STOCK 2020-12-17 F 1,650 d $173.40 144,421 direct
DISNEY COMMON STOCK 2020-12-17 0 $0.00 4,120 indirect
Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, convertible securities
Title of Derivative Security Conversion or Exercise Price of Derivative Security Transaction Date Deemed Execution Date Transaction Code Number of Derivative Securities Acquired (A) or Disposed of (D) Date ExercisableExpiration Date Title and Amount of Securities Underlying Derivative Security Price of Derivative Security Number of derivative Securities Beneficially Owned Following Reported Transaction(s) Ownership Form: Direct (D) or Indirect (I) Nature of Indirect Beneficial Ownership
RESTRICTED STOCK UNIT 0.0 2020-12-17 deemed execution date M 4,770 (d) 2020-12-17 disney common stock 4,770 $0.00 0 direct
STOCK OPTION (RIGHT-TO-BUY) 173.4 2020-12-17 deemed execution date A 89,788 (a) 2030-12-17 disney common stock 89,788 $173.40 89,788 direct
RESTRICTED STOCK UNIT 0.0 2020-12-17 deemed execution date A 21,627 (a) 2024-12-17 disney common stock 21,627 $0.00 21,627 direct
Footnotes
IDfootnote
f1 vesting of shares connected with grant under the walt disney company's 2002 executive performance plan and 2011 stock incentive plan, previously reported on a form 4 dated december 3, 2020.
f2 the 1,650 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.
f3 shares held in the walt disney stock fund as of december 17, 2020. the fund is one investment option in the 401(k) plan and contains company matching contributions.
f4 converts at 1-for-1.
f5 options were granted under the company's 2011 stock incentive plan in a transaction exempt under rule 16(b)-3. the options vest in four equal installments on each december 17 of 2021 through 2024. 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 28,161.
f6 this restricted stock unit award was granted under the company's 2011 stock incentive plan in a transaction exempt under rule 16(b)-3. the award is scheduled to vest in four equal installments on each december 17 of 2021 through 2024.
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