BRAVERMAN ALAN N (Sr EVP, General Counsel & Secy) sold 7.6% of their position (8.27K shares) of WALT DISNEY CO on the open market

Open‑market sale worth $1.40M — a moderate reduction. Review remaining holdings and any 10b5‑1 plan disclosures.

S · 2 sales

BRAVERMAN ALAN N

Filed: 12/22/2020ACC: 0001744489-20-000250

InsiderBRAVERMAN ALAN NCIK 1270528

→

IssuerWALT DISNEY COCIK 1744489

Officer· Sr EVP, General Counsel & Secy

Since Mar 2019

-15.50K

Net shares

Net seller

$2.66M

Total sold

Open market trades

0B · 2S

Total transactions

14.74K acquired · 30.23K disposed

Non-Derivative Transactions10

Disney Common Stock

Direct

M · Option Exercise

+2.78K

Price / share

$174.06

Trade value

$483.54K

% of position

2.8%

12/19/2020

100.87K→103.65K

Disney Common Stock

Direct

F · Tax Withholding

−1.38K

Price / share

$174.06

Trade value

$239.86K

% of position

1.3%

12/19/2020

103.65K→102.27K

Disney Common Stock

Direct

M · Option Exercise

+3.29K

Price / share

$174.06

Trade value

$572.31K

% of position

3.2%

12/19/2020

102.27K→105.56K

Disney Common Stock

Direct

F · Tax Withholding

−1.55K

Price / share

$174.06

Trade value

$270.32K

% of position

1.5%

12/19/2020

105.56K→104K

Disney Common Stock

Direct

M · Option Exercise

+6.31K

Price / share

$174.06

Trade value

$1.10M

% of position

6.1%

12/19/2020

104K→110.32K

Disney Common Stock

Direct

F · Tax Withholding

−3.13K

Price / share

$174.06

Trade value

$545.06K

% of position

2.8%

12/19/2020

110.32K→107.19K

Disney Common Stock

Direct

M · Option Exercise

+2.36K

Price / share

$170.06

Trade value

$400.67K

% of position

2.2%

12/21/2020

107.19K→109.54K

Disney Common Stock

Direct

F · Tax Withholding

−1.17K

Price / share

$170.06

Trade value

$198.81K

% of position

1.1%

12/21/2020

109.54K→108.37K

Disney Common Stock

Direct

S · Sale

−1.95K

Price / share

$168.94

Trade value

$328.93K

% of position

1.8%

12/21/2020

108.37K→106.43K

Disney Common Stock

Direct

S · Sale

−6.32K

Price / share

$170.00

Trade value

$1.07M

% of position

5.9%

12/22/2020

106.43K→100.11K

Total

Net shares

−760.00

Net value

-$101.40K

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Disney Common Stock Direct	12/19/2020	M · Option Exercise	+2.78K	$174.06	$483.54K	2.8%	100.87K	103.65K
Disney Common Stock Direct	12/19/2020	F · Tax Withholding	−1.38K	$174.06	$239.86K	1.3%	103.65K	102.27K
Disney Common Stock Direct	12/19/2020	M · Option Exercise	+3.29K	$174.06	$572.31K	3.2%	102.27K	105.56K
Disney Common Stock Direct	12/19/2020	F · Tax Withholding	−1.55K	$174.06	$270.32K	1.5%	105.56K	104K
Disney Common Stock Direct	12/19/2020	M · Option Exercise	+6.31K	$174.06	$1.10M	6.1%	104K	110.32K
Disney Common Stock Direct	12/19/2020	F · Tax Withholding	−3.13K	$174.06	$545.06K	2.8%	110.32K	107.19K
Disney Common Stock Direct	12/21/2020	M · Option Exercise	+2.36K	$170.06	$400.67K	2.2%	107.19K	109.54K
Disney Common Stock Direct	12/21/2020	F · Tax Withholding	−1.17K	$170.06	$198.81K	1.1%	109.54K	108.37K
Disney Common Stock Direct	12/21/2020	S · Sale	−1.95K	$168.94	$328.93K	1.8%	108.37K	106.43K
Disney Common Stock Direct	12/22/2020	S · Sale	−6.32K	$170.00	$1.07M	5.9%	106.43K	100.11K
Total			−760.00		-$101.40K

Derivative Transactions4

Restricted Stock Unit

Direct

M · Option Exercise

Converts to

Disney Common Stock

2.78K shares

−2.78K

Strike price

Held after

0.00

Exercisable

—

12/19/2020

Restricted Stock Unit

Direct

M · Option Exercise

Converts to

Disney Common Stock

3.29K shares

−3.29K

Strike price

Held after

0.00

Exercisable

—

12/19/2020

Restricted Stock Unit

Direct

M · Option Exercise

Converts to

Disney Common Stock

6.31K shares

−6.31K

Strike price

Held after

0.00

Exercisable

—

12/19/2020

Restricted Stock Unit

Direct

M · Option Exercise

Converts to

Disney Common Stock

2.36K shares

−2.36K

Strike price

Held after

0.00

Exercisable

—

12/21/2020

Security	Converts To	Date	Type	Shares	Exercisable
Restricted Stock Unit Direct	Disney Common Stock2.78K shares	12/19/2020	M · Option Exercise	−2.78K	—
Restricted Stock Unit Direct	Disney Common Stock3.29K shares	12/19/2020	M · Option Exercise	−3.29K	—
Restricted Stock Unit Direct	Disney Common Stock6.31K shares	12/19/2020	M · Option Exercise	−6.31K	—
Restricted Stock Unit Direct	Disney Common Stock2.36K shares	12/21/2020	M · Option Exercise	−2.36K	—

Non-Derivative Holdings (Post-Transaction)1

Disney Common Stock

Indirect

Shares owned12.38K

Total

12.38K indirect12.38K

Security Title	Shares Owned	Ownership Type
Disney Common Stock	12.38K	Indirect
Total	12.38K	12.38K indirect

Derivative Holdings (Post-Transaction)0

No derivative holdings reported