SEC Form 4 · accession 0001209191-16-104049
Warner Bros. Discovery, Inc. · WBD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David Leavy
Officer — Chief Communications Officer
Period of report
Feb 26, 2016
Accepted (ET)
Mar 1, 2016 · 5:07 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,F2 | Feb 26, 2016 | A | 2,557 | $0.00 | A | 15,328 | D | |
| Series C Common StockF1 | Feb 26, 2016 | A | 2,557 | $0.00 | A | 13,223 | 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)F3 | $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.
- F2Includes acquisitions of 290, 379, 26 and 428 shares under the Discovery Employee Stock Purchase Plan on May 14, 2015, August 14, 2015, November 13, 2015 and February 12, 2016, respectively.
- F3This 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.