Walt Disney Co — Director's Dealing 2021

Feb 5, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Walt Disney Co (DIS)
CIK: 0001744489
Period of Report: 2021-02-02

Reporting Person: IGER ROBERT A (Director, Executive Chairman)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-02-02	Disney Common Stock	M	237136	$38.75	Acquired	1415125	Direct
2021-02-02	Disney Common Stock	S	55979	$175.239	Disposed	1359146	Direct
2021-02-02	Disney Common Stock	S	181157	$176.2762	Disposed	1177989	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-02-02	Stock Option (Right-to-Buy)	$38.75	M	237136	Disposed	2022-01-18	Disney Common Stock (237136.0)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Disney Common Stock	20551.592	Indirect
Disney Common Stock	156	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: Reflects a reduction of 165.2096 shares from previously filed Forms 4 to correct an administrative error.

F3: Shares were sold in 58 incremental transactions pursuant to a single sell order. Sale prices of individual transactions ranged from $175.00 to $175.99. Upon request, the reporting person will provide to the Securities and Exchange Commission, to the Issuer of the securities herein, or to a securities holder the complete sales data, including the number of shares sold at each separate price.

F4: Shares were sold in 57 incremental transactions pursuant to a single sell order. Sale prices of individual transactions ranged from $176.00 to $176.62. Upon request, the reporting person will provide to the Securities and Exchange Commission, to the Issuer of the securities herein, or to a securities holder the complete sales data, including the number of shares sold at each separate price.

F5: Shares held in The Walt Disney Stock Fund as of February 2, 2021. The Fund is one investment option in the 401(k) Plan and contains Company matching contributions.

F6: The option is fully vested.