SEC Form 4 · accession 0001181431-15-007607
Warner Bros. Discovery, Inc. · WBD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
M Lavoy Robison
Director
Period of report
May 26, 2015
Accepted (ET)
May 28, 2015 · 5:05 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001437107
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Series A Common Stock | May 26, 2015 | M | 661 | $6.169 | A | 15,200 | D | |
| Series C Common StockF1 | May 26, 2015 | M | 661 | $5.984 | A | 13,581 | D | |
| Series C Common StockF1 | May 26, 2015 | M | 661 | $5.996 | A | 14,242 | D | |
| Series C Common StockF1 | May 26, 2015 | M | 661 | $5.996 | A | 14,903 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Director Stock Option (right to buy)F2 | $6.169 | May 26, 2015 | M | 661 | D | Jun 1, 2005 | Jun 1, 2015 | Series A Common Stock | 661 | 0 | D |
| Director Stock Option (right to buy)F2 | $5.984 | May 26, 2015 | M | 661 | D | Jun 1, 2005 | Jun 1, 2015 | Series C Common Stock | 661 | 0 | D |
| Director Stock Option (right to buy)F2 | $5.996 | May 26, 2015 | M | 661 | D | Jun 1, 2005 | Jun 1, 2015 | Series C Common Stock | 661 | 0 | D |
| Director Stock Option (right to buy)F2 | $5.996 | May 26, 2015 | M | 661 | D | Jun 1, 2005 | Jun 1, 2015 | Series C Common Stock | 661 | 0 | D |
Explanation of responses
- F1On August 6, 2014, the Issuer distributed shares of its Series C Common Stock as a dividend at a rate of one Series C Common share for every share of Issuer's Series A, Series B and Series C Common Stock outstanding as of July 28, 2014. As a result, the number of the Reporting Person's Series C Common Stock was adjusted for the dividend.
- F2This option is fully vested and exercisable.
Remarks
The trading symbols for the Issuer's Series A, Series B and Series C common stock are, respectively, DISCA, DISCB and DISCK.