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Kline David R's Form 4 filing

News Corp (NWS) · filed Aug 16, 2024

Accession no.
0001564708-24-000428
Filed
Aug 16, 2024
Trade date
Aug 15, 2024
Filing delay
1 day
Rule 10b5-1 plan
Not checked

This filing lists 9 non-derivative transactions and 5 derivative transactions. Open-market sales total $375.8K. It was filed 1 day after the trade.

Reporting owners

A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.

Reporting owners on this filing
OwnerRelationship to the company
Kline David RCIK 0002012285Officer (Chief Technology Officer)

Non-derivative securities (Table I)

Acquisitions and disposals of common stock and similar shares, one row per line on the filing.

Non-derivative transactions
Trade dateSecurityTransactionSharesPriceValueShares afterOwnershipFlags
Aug 15, 2024Class A Common StockMOption exerciseAcquired+18,440–F2–18,440Direct
Aug 15, 2024Class A Common StockFTax withholdingDisposed−6,648$27.32−$181,623.3611,792Direct
Aug 15, 2024Class A Common StockMOption exerciseAcquired+5,265–F5–17,057Direct
Aug 15, 2024Class A Common StockFTax withholdingDisposed−1,899$27.32−$51,880.6815,158Direct
Aug 15, 2024Class A Common StockMOption exerciseAcquired+6,512–F5–21,670Direct
Aug 15, 2024Class A Common StockFTax withholdingDisposed−2,348$27.32−$64,147.3619,322Direct
Aug 15, 2024Class A Common StockMOption exerciseAcquired+6,997–F5–26,319Direct
Aug 15, 2024Class A Common StockFTax withholdingDisposed−2,615$27.32−$71,441.823,704Direct
Aug 15, 2024Class A Common StockSSaleDisposed−13,704$27.42F6−$375,763.6810,000Direct

Derivative securities (Table II)

Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.

Derivative transactions
Trade dateSecurityTransactionUnderlying sharesUnit priceValueHeld afterOwnershipFlags
Aug 15, 2024Class A Common StockMOption exerciseDisposed−18,440–F2–0Direct
Aug 15, 2024Class A Common StockMOption exerciseDisposed−5,265–F5–0Direct
Aug 15, 2024Class A Common StockMOption exerciseDisposed−6,512–F5–6,519Direct
Aug 15, 2024Class A Common StockMOption exerciseDisposed−6,997–F5–13,998Direct
Aug 15, 2024Class A Common StockAGrant or awardAcquired+10,980$0.00$010,980Direct

Footnotes and remarks

Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.

F2

The stock-settled performance stock units were deemed to have settled for an equivalent number of shares of News Corporation's Class A Common Stock.

Referenced by the price of 1 transaction in Table I and 1 transaction in Table II.

F5

The stock-settled restricted stock units were deemed to have settled for an equivalent number of shares of News Corporation's Class A Common Stock.

Referenced by the price of 3 transactions in Table I and 3 transactions in Table II.

F6

The price reported is a weighted average price. The shares were sold in multiple transactions at prices ranging from $27.410 to $27.435, inclusive. The reporting person undertakes to provide to News Corporation, any security holder of News Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

Referenced by the price of 1 transaction in Table I.

Read the full filing on SEC EDGAR (opens in a new tab)