SEC Form 4 · accession 0001209191-18-037819
Warner Bros. Discovery, Inc. · WBD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John C Malone
Director · 10% Owner
Period of report
Jun 12, 2018
Accepted (ET)
Jun 14, 2018 · 5:41 pm EDT
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 | Jun 12, 2018 | P | 850,000 | $23.89 | A | 850,000 | I | By Trust |
| Series C Common StockF4,F2 | Jun 12, 2018 | P | 450,000 | $22.65 | A | 450,000 | I | By Trust |
| Series C Common StockF5,F2 | Jun 13, 2018 | P | 107,000 | $23.2336 | A | 557,000 | I | By Trust |
| Series A Common Stock | holding | — | — | — | 780,335 | D | ||
| Series A Common StockF3 | holding | — | — | — | 268,337 | I | By Spouse | |
| Series C Common Stock | holding | — | — | — | 11,767,597 | D | ||
| Series C Common StockF3 | holding | — | — | — | 1,316,424 | I | By Spouse |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The price reported represents the weighted average purchase price of shares of Series A common stock purchased in multiple transactions at prices ranging from $23.68 to $24.08 per share. The reporting person will provide to the Issuer, any security holder of the Issuer, or the SEC staff, upon request, information regarding the number of shares purchased at each price within the range.
- F2The reporting person is the sole trustee of, and with his spouse, retains a unitrust interest in the trust.
- F3The reporting person disclaims beneficial ownership of the shares owned by his spouse.
- F4The price reported represents the weighted average purchase price of shares of Series C common stock purchased in multiple transactions at prices ranging from $22.40 to $22.82 per share. The reporting person will provide to the Issuer, any security holder of the Issuer, or the SEC staff, upon request, information regarding the number of shares purchased at each price within the range.
- F5The price reported represents the weighted average purchase price of shares of Series C common stock sold in multiple transactions at prices ranging from $23.14 to $23.30 per share. The reporting person will provide to the issuer, any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares purchased at each price within the range.
Remarks
The trading symbols for the Issuer's Series A, Series B and Series C common stock are, respectively, DISCA, DISCB and DISCK.