Horacio E. Gutierrez - Jan 15, 2025 Form 4 Insider Report for Walt Disney Co (DIS)

Role
Sr EVP and Chief Legal Officer
Signature
/s/ Karen Young, as attorney-in-fact
Stock symbol
DIS
Transactions as of
Jan 15, 2025
Transactions value $
$0
Form type
4
Date filed
1/17/2025, 06:34 PM
Previous filing
Dec 17, 2024
SEC
View on sec.gov

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 DIS Stock Option (Right-to-Buy) Award $0 +66.7K $0.00 66.7K Jan 15, 2025 Disney Common Stock 66.7K $108.80 Direct F1
transaction DIS Restricted Stock Unit Award $0 +23.3K $0.00 23.3K Jan 15, 2025 Disney Common Stock 23.3K Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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 22,220 stock units on each January 15 of 2026 and 2028; and as to 22,219 stock units on January 15, 2027. 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 82,832.
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 January 15 of 2026 through 2028.