SEC Form 4 · accession 0001140361-17-020820
Warner Bros. Discovery, Inc. · WBD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owners
NEWHOUSE BROADCASTING CORP
10% Owner
ADVANCE PUBLICATIONS, INC
10% Owner
ADVANCE LONG-TERM MANAGEMENT TRUST
10% Owner
NEWHOUSE FAMILY HOLDINGS, L.P.
10% Owner
Period of report
May 11, 2017
Accepted (ET)
May 15, 2017 · 5:52 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001437107
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Series C participating preferred stockF3,F2,F1 | — | May 11, 2017 | D | 1,111,960 | D | — | — | Series C common stock | 2,223,920 | 25,320,532 | I |
Explanation of responses
- F1Each share of Series C preferred stock is convertible pursuant to its terms into two shares of Series C common stock at any time (following a stock dividend that occurred on August 6, 2014).
- F2Through subsidiaries; each reporting person disclaims beneficial ownership except to the extent of its pecuniary interest.
- F3Sold to the issuer in an exempt transaction.