SEC Form 4 · accession 0001209191-17-014951
Warner Bros. Discovery, Inc. · WBD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David Leavy
Officer — Chief Corp Ops & Comms Officer
Period of report
Feb 23, 2017
Accepted (ET)
Feb 27, 2017 · 6:42 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 23, 2017 | A | 3,044 | $0.00 | A | 25,122 | D | |
| Series C Common StockF1 | Feb 23, 2017 | A | 3,044 | $0.00 | A | 15,064 | 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 | $29.50 | Feb 23, 2017 | A | 55,580 | A | Feb 23, 2018 | Feb 23, 2024 | Series A Common Stock | 55,580 | 55,580 | D |
Explanation of responses
- F1These shares represent performance-based restricted stock units. On February 23, 2017, the Compensation Committee certified that applicable performance goals had been satisfied.
- F2Includes acquisitions of 399, 62 and 485 shares under the Discovery Employee Stock Purchase Plan on May 20, 2016, August 17, 2016 and February 14, 2017, respectively.
- F3This option vests in four equal annual installments beginning February 23, 2018.
Remarks
The trading symbols for the Issuer's Series A, Series B and Series C common stock are, respectively, DISCA, DISCB and DISCK.