NEWS CORP — Director's Dealing 2018

Aug 15, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NEWS CORP (NWS)
CIK: 0001564708
Period of Report: 2018-08-15

Reporting Person: Thomson Robert J (Director, Chief Executive Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-08-15	Class A Common Stock	M	294633	—	Acquired	294633	Direct
2018-08-15	Class A Common Stock	F	156804	$13.69	Disposed	137829	Direct
2018-08-15	Class A Common Stock	D	137829	$13.69	Disposed	0	Direct
2018-08-15	Class B Common Stock	P	72000	$14.127	Acquired	72000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-08-15	Cash-Settled Performance Stock Units	$	M	294633	Disposed	2018-08-15	Class A Common Stock (294633)	Direct

Footnotes

F1: The cash-settled performance stock units were deemed to have settled for an equivalent number of shares of News Corporation's Class A Common Stock.

F2: Represents shares withheld upon vesting of cash-settled performance stock units to satisfy tax withholding obligation.

F3: The price reported is a weighted average price. The shares were purchased in multiple transactions at prices ranging from $14.10 to $14.175, inclusive. The reporting person undertakes to provide to News Corporation, any security holder of News Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.

F4: Each cash-settled performance stock unit is the economic equivalent of one share of News Corporation's Class A Common Stock.