Pitofsky David B's Form 4 filing
News Corp (NWS) · filed Aug 17, 2021
- Accession no.
- 0001567619-21-015987
- Filed
- Aug 17, 2021
- Trade date
- Aug 15-16, 2021
- Filing delay
- 2 days
- Rule 10b5-1 plan
- Not on the form (before 2023)
This filing lists 5 non-derivative transactions and 3 derivative transactions. Open-market sales total $518.1K. It was filed 2 days 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.
| Owner | Relationship to the company |
|---|---|
| Pitofsky David BCIK 0001632944 | Officer (General Counsel) |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Aug 15, 2021 | Class A Common Stock | MOption exerciseAcquired | +120,224 | –F2 | – | 167,529 | Direct | |
| Aug 15, 2021 | Class A Common Stock | FTax withholdingDisposed | −68,985 | $23.52 | −$1,622,527.2 | 98,544 | Direct | |
| Aug 15, 2021 | Class A Common Stock | MOption exerciseAcquired | +9,230 | –F5 | – | 107,774 | Direct | |
| Aug 15, 2021 | Class A Common Stock | FTax withholdingDisposed | −5,297 | $23.52 | −$124,585.44 | 102,477 | Direct | |
| Aug 16, 2021 | Class A Common Stock | SSaleDisposed | −22,000 | $23.55F6 | −$518,100 | 80,477 | Direct |
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.
| Trade date | Security | Transaction | Underlying shares | Unit price | Value | Held after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Aug 15, 2021 | Class A Common Stock | MOption exerciseDisposed | −120,224 | –F2 | – | 0 | Direct | |
| Aug 15, 2021 | Class A Common Stock | MOption exerciseDisposed | −9,230 | –F5 | – | 18,464 | Direct | |
| Aug 15, 2021 | Class A Common Stock | AGrant or awardAcquired | +20,408 | $0.00 | $0 | 20,408 | Direct |
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 1 transaction in Table I and 1 transaction in Table II.
- F6
The price reported is a weighted average price. The shares were sold in multiple transactions at prices ranging from $23.26 to $23.66, 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.