Walt Disney Co — Director's Dealing 2020

Nov 11, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Walt Disney Co (DIS)
CIK: 0001744489
Period of Report: 2020-11-09

Reporting Person: BRAVERMAN ALAN N (Sr EVP, General Counsel & Secy)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-11-09	Disney Common Stock	M	41751	$72.59	Acquired	140673	Direct
2020-11-09	Disney Common Stock	S	20876	$145	Disposed	119797	Direct
2020-11-09	Disney Common Stock	S	20875	$140	Disposed	98922	Direct
2020-11-09	Disney Common Stock	M	56063	$51.29	Acquired	154985	Direct
2020-11-09	Disney Common Stock	S	28032	$145	Disposed	126953	Direct
2020-11-09	Disney Common Stock	S	28031	$140	Disposed	98922	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-11-09	Stock Option (Right-to-Buy)	$72.59	M	41751	Disposed	2023-12-19	Disney Common Stock (41751.0)	Direct
2020-11-09	Stock Option (Right-to-Buy)	$51.29	M	56063	Disposed	2023-01-16	Disney Common Stock (56063.0)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Disney Common Stock	12376.923	Indirect

Footnotes

F1: The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan previously adopted by the reporting person.

F2: Shares held in The Walt Disney Stock Fund as of November 6, 2020. The Fund is one investment option in the 401(k) Plan and contains Company matching contributions.

F3: The option is fully vested.