Walt Disney Co — Director's Dealing 2021

Jan 23, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Walt Disney Co (DIS)
CIK: 0001744489
Period of Report: 2021-01-20

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-01-20	Disney Common Stock	M	478003	$38.75	Acquired	1656157.2096	Direct
2021-01-20	Disney Common Stock	S	260454	$175.2983	Disposed	1395703.2096	Direct
2021-01-20	Disney Common Stock	S	145109	$176.3955	Disposed	1250594.2096	Direct
2021-01-20	Disney Common Stock	S	72440	$177.20	Disposed	1178154.2096	Direct
2021-01-21	Disney Common Stock	M	1300	$38.75	Acquired	1179454.2096	Direct
2021-01-21	Disney Common Stock	S	1300	$175	Disposed	1178154.2096	Direct
2021-01-22	Disney Common Stock	M	15640	$38.75	Acquired	1193794.2096	Direct
2021-01-22	Disney Common Stock	S	15640	$175.0066	Disposed	1178154.2096	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-01-20	Stock Option (Right-to-Buy)	$38.75	M	478003	Disposed	2022-01-18	Disney Common Stock (478003.0)	Direct
2021-01-21	Stock Option (Right-to-Buy)	$38.75	M	1300	Disposed	2022-01-18	Disney Common Stock (1300.0)	Direct
2021-01-22	Stock Option (Right-to-Buy)	$38.75	M	15640	Disposed	2022-01-18	Disney Common Stock (15640.0)	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: Shares were sold in 135 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.

F3: Shares were sold in 100 incremental transactions pursuant to a single sell order. Sale prices of individual transactions ranged from $176.00 to $176.97. 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 23 incremental transactions pursuant to a single sell order. Sale prices of individual transactions ranged from $177.00 to $177.85. 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 were sold in 5 incremental transactions pursuant to a single sell order. Sale prices of individual transactions ranged from $175.00 to $175.19. 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.

F6: Shares held in The Walt Disney Stock Fund as of January 20, 2021. The Fund is one investment option in the 401(k) Plan and contains Company matching contributions.

F7: The option is fully vested.