JOHN NALLEN - 15 Aug 2024 Form 4 Insider Report for Fox Corp (FOX)

Role
Chief Operating Officer
Signature
/s/ Laura A. Cleveland as Attorney-in-Fact for John Nallen
Issuer symbol
FOX
Transactions as of
15 Aug 2024
Transactions value $
-$3,759,198
Form type
4
Filing time
16 Aug 2024, 17:50:11 UTC
Previous filing
14 Aug 2024
Next filing
26 Sep 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FOX Class A Common Stock Options Exercise +23.2K +9.31% 273K 15 Aug 2024 Direct F1, F2
transaction FOX Class A Common Stock Tax liability -$399K -10.2K -3.75% $39.06 262K 15 Aug 2024 Direct
transaction FOX Class A Common Stock Options Exercise +26.2K +9.97% 289K 15 Aug 2024 Direct F1
transaction FOX Class A Common Stock Tax liability -$449K -11.5K -3.99% $39.06 277K 15 Aug 2024 Direct
transaction FOX Class A Common Stock Options Exercise +25.4K +9.17% 302K 15 Aug 2024 Direct F1
transaction FOX Class A Common Stock Tax liability -$460K -11.8K -3.89% $39.06 291K 15 Aug 2024 Direct
transaction FOX Class A Common Stock Options Exercise +21.6K +7.43% 312K 15 Aug 2024 Direct F1
transaction FOX Class A Common Stock Tax liability -$391K -10K -3.2% $39.06 302K 15 Aug 2024 Direct
transaction FOX Class A Common Stock Sale -$2.06M -52.9K -17.49% $38.96 249K 15 Aug 2024 Direct F3, F4
holding FOX Class A Common Stock 150K 15 Aug 2024 By GRAT

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction FOX Restricted Stock Units Options Exercise $0 -23.2K -100% $0.00* 0 15 Aug 2024 Class A Common Stock 23.2K Direct F1, F5
transaction FOX Restricted Stock Units Options Exercise $0 -26.2K -50% $0.00 26.2K 15 Aug 2024 Class A Common Stock 26.2K Direct F1, F6
transaction FOX Restricted Stock Units Options Exercise $0 -25.4K -33.33% $0.00 50.8K 15 Aug 2024 Class A Common Stock 25.4K Direct F1, F7
transaction FOX Performance Stock Units Options Exercise $0 -21.6K -100% $0.00* 0 15 Aug 2024 Class A Common Stock 21.6K Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit and performance stock unit represents the equivalent of one share of Fox Corporation's Class A Common Stock.
F2 Excludes 150,000 shares of Class A Common Stock transferred from the reporting person's direct ownership to a Grantor Retained Annuity Trust ("GRAT"), and which are now, accordingly, indirectly held by the reporting person through the GRAT.
F3 The number of securities reported represents an aggregate number of shares sold in multiple open market transactions over a range of sales prices. The price reported represents the weighted average price. The Reporting Person undertakes to provide the staff of the SEC, the Issuer, or a stockholder of the Issuer, upon request, the number of shares sold by the Reporting Person at each separate price within the range.
F4 Sales prices range from $38.87 to $39.05 per share, inclusive.
F5 The restricted stock units vested one-third on August 15, 2022, one-third on August 15, 2023 and the remainder of the award vested on August 15, 2024.
F6 The restricted stock units vested one-third on August 15, 2023, one-third on August 15, 2024 and the remainder of the award will vest on August 15, 2025.
F7 The restricted stock units vested one-third on August 15, 2024, will vest one-third on August 15, 2025 and the remainder of the award will vest on August 15, 2026.