SEC Form 4 · accession 0001209191-15-080368
Warner Bros. Discovery, Inc. · WBD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
J David Wargo
Director
Period of report
Nov 12, 2015
Accepted (ET)
Nov 16, 2015 · 5:45 pm EST
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 | Nov 12, 2015 | M | 4,900 | $7.056 | A | 21,225 | D | |
| Series C Common StockF1 | Nov 12, 2015 | M | 4,900 | $6.844 | A | 23,188 | 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 acquire)F2 | $7.056 | Nov 12, 2015 | M | 4,900 | D | May 11, 2009 | Dec 18, 2015 | Series A Common Stock | 4,900 | 0 | D |
| Director Stock Option (right to acquire)F2 | $6.844 | Nov 12, 2015 | M | 4,900 | D | May 11, 2009 | Dec 18, 2015 | Series C Common Stock | 4,900 | 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.