SEC Form 4 · accession 0001209191-16-104045
Warner Bros. Discovery, Inc. · WBD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Adria Alpert-Romm
Officer — Chief Human Resources Officer
Period of report
Feb 26, 2016
Accepted (ET)
Mar 1, 2016 · 5:05 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 StockF1 | Feb 26, 2016 | A | 3,137 | $0.00 | A | 16,526 | D | |
| Series A Common Stock | Feb 26, 2016 | F | 161 | $25.08 | D | 16,365 | D | |
| Series C Common StockF1 | Feb 26, 2016 | A | 3,137 | $0.00 | A | 15,962 | D | |
| Series C Common Stock | Feb 26, 2016 | F | 161 | $24.58 | D | 15,801 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to acquire)F2 | $25.08 | Feb 26, 2016 | A | 50,134 | A | Feb 26, 2017 | Feb 26, 2023 | Series A Common Stock | 50,134 | 50,134 | D |
Explanation of responses
- F1These shares represent performance-based restricted stock units. On February 26, 2016, the Compensation Committee certified that applicable performance goals had been satisfied.
- F2This option vests in four equal annual installments beginning February 26, 2017.
Remarks
The trading symbols for the Issuer's Series A, Series B and Series C common stock are, respectively, DISCA, DISCB and DISCK.