SEC Form 4 · accession 0001209191-18-015811
Warner Bros. Discovery, Inc. · WBD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jean-Briac Perrette
Officer — Pres., Discover Networks Int'l
Period of report
Feb 28, 2018
Accepted (ET)
Mar 2, 2018 · 5:10 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 28, 2018 | A | 43,647 | $0.00 | A | 63,004 | D | |
| Series A Common Stock | Feb 28, 2018 | F | 14,264 | $24.32 | D | 48,740 | D | |
| Series A Common Stock | Mar 1, 2018 | A | 66,818 | $0.00 | A | 115,558 | D | |
| Series C Common Stock | Feb 28, 2018 | F | 4,007 | $22.98 | D | 14,524 | 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 | $24.06 | Mar 1, 2018 | A | 219,876 | A | Mar 1, 2019 | Mar 1, 2025 | Series A Common Stock | 219,876 | 219,876 | D |
Explanation of responses
- F1These shares represent performance-based restricted stock units. On February 28, 2018, the Compensation Committee certified that applicable performance goals had been satisfied.
- F2This option vests in four equal annual installments beginning March 1, 2019.
Remarks
The trading symbols for the Issuer's Series A, Series B and Series C common stock are, respectively, DISCA, DISCB and DISCK.