Sec Form 4 Filing - MURDOCH JAMES R @ TWENTY-FIRST CENTURY FOX, INC. - 2018-02-20

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
MURDOCH JAMES R
2. Issuer Name and Ticker or Trading Symbol
TWENTY-FIRST CENTURY FOX, INC. [ FOX]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
Chief Executive Officer
(Last) (First) (Middle)
C/O TWENTY-FIRST CENTURY FOX, INC., 1211 AVENUE OF THE AMERICAS
3. Date of Earliest Transaction (MM/DD/YY)
02/20/2018
(Street)
NEW YORK, NY10036
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units ( 1 ) 02/20/2018 A 569,800 ( 2 ) ( 2 ) Class A Common Stock 569,800 $ 0 569,800 D
Stock-settled Performance Stock Units ( 1 ) 02/20/2018 A 273,307 ( 3 ) 08/15/2018 08/15/2018 Class A Common Stock 273,307 $ 0 273,307 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
MURDOCH JAMES R
C/O TWENTY-FIRST CENTURY FOX, INC.
1211 AVENUE OF THE AMERICAS
NEW YORK, NY10036
X Chief Executive Officer
Signatures
/s/ Laura A. Cleveland as Attorney-in-Fact for James R. Murdoch 02/22/2018
Signature of Reporting Person Date
Explanation of Responses:
( 1 )1-for-1
( 2 )The restricted stock units will vest 50% at the time of the Initial Merger as defined in the Agreement and Plan of Merger, dated as of December 13, 2017, among Twenty-First Century Fox, Inc. (the "Issuer"), The Walt Disney Company, TWC Merger Enterprises 2 Corp. and TWC Merger Enterprises 1, LLC (the "Merger Agreement") and 50% on the 15-month anniversary of the Initial Merger.
( 3 )These performance stock units were originally granted on August 3, 2015. As contemplated by the Merger Agreement, the Compensation Committee of the Board of Directors of the Issuer determined to modify the outstanding performance stock unit award such that these performance stock units shall vest based on the target number of performance stock units awarded in accordance with the original vesting schedule. The performance stock units will vest on August 15, 2018.

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* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
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