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NEWS CORP — Director's Dealing 2013
Jul 17, 2013
30325_dirs_2013-07-17_fcde32d0-314c-4679-b146-f8b9f78bd03a.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: NEWS CORP (NWS)
CIK: 0001564708
Period of Report: 2013-07-15
Reporting Person: Singh Bedi Ajay (Chief Financial Officer)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2013-07-15 | Restricted Stock Units | $ | A | 29479 | Acquired | Class A Common Stock (29479) | Direct |
Footnotes
F1: Each restricted stock unit represents a contingent right to receive one share of News Corporation Class A Common Stock.
F2: The securities reported are the result of the conversion of restricted stock units originally granted by Twenty-First Century Fox, Inc. ("Fox") into restricted stock units of News Corporation in connection with the separation of News Corporation from Fox. The number of restricted stock units received was based on the ratio of the closing price on June 28, 2013 of Fox's Class A common stock and the volume weighted average price of News Corporation's Class A common stock over a 10-day period ending on July 15, 2013.
F3: The restricted stock units will vest in two parts of which 14,739 will vest on November 26, 2014 and 14,740 will vest on November 26, 2015.