Walt Disney Co — Director's Dealing 2020

Mar 4, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Walt Disney Co (DIS)
CIK: 0001744489
Period of Report: 2020-02-28

Reporting Person: Chapek Robert A (Chief Executive Officer)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-02-28	Stock Option (Right-to-Buy)	$115.76	A	38964	Acquired	2030-02-28	Disney Common Stock (38964.0)	Direct
2020-02-28	Restricted Stock Unit	$	A	9343	Acquired	2024-02-28	Disney Common Stock (9343.0)	Direct

Footnotes

F1: Options were granted under the Company's 2011 Stock Incentive Plan in a transaction exempt under Rule 16(b)-3. The options vest in four equal installments on each February 28 of 2021 through 2024. In connection with this stock option award, the reporting person also was awarded 28,596 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 42,894, plus dividends that may accrue in the future.

F2: Converts at 1-for-1.

F3: This restricted stock unit award was granted under the Company's 2011 Stock Incentive Plan in a transaction exempt under Rule 16(b)-3. The award is scheduled to vest in four equal installments on each February 28 of 2021 through 2024.