SEC Form 4 · accession 0001209191-18-043060
Warner Bros. Discovery, Inc. · WBD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David Zaslav
Officer — Chief Executive Officer & Pres · Director
Period of report
Jul 16, 2018
Accepted (ET)
Jul 18, 2018 · 4:39 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001437107
Table I — non-derivative securities
No Table I lines on this filing.
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)F1 | $27.35 | Jul 16, 2018 | A | 2,435,655 | A | Jan 2, 2020 | Jul 16, 2025 | Series A common stock | 2,435,655 | 2,435,655 | D |
| Employee Stock Option (right to acquire)F2 | $28.72 | Jul 16, 2018 | A | 2,211,344 | A | Jan 2, 2021 | Jul 16, 2025 | Series A common stock | 2,211,344 | 2,211,344 | D |
| Employee Stock Option (right to acquire)F3 | $30.15 | Jul 16, 2018 | A | 2,155,404 | A | Jan 2, 2022 | Jul 16, 2025 | Series A common stock | 2,155,404 | 2,155,404 | D |
| Employee Stock Option (right to acquire)F4 | $31.66 | Jul 16, 2018 | A | 2,393,454 | A | Jan 2, 2023 | Jul 16, 2025 | Series A common stock | 2,393,454 | 2,393,454 | D |
| Employee Stock Option (right to acquire)F5 | $33.24 | Jul 16, 2018 | A | 1,571,489 | A | Dec 31, 2023 | Jul 16, 2025 | Series A common stock | 1,571,489 | 1,571,489 | D |
Explanation of responses
- F1This option vests in four equal annual installments beginning on January 2, 2020.
- F2This option vests in four equal annual installments on January 2 of 2021, 2022 and 2023 and December 31, 2023.
- F3This option vests in three equal annual installments on January 2, 2022 and 2023 and December 31, 2023.
- F4This option vests in two equal annual installments on January 2, 2023 and December 31, 2023.
- F5This option vests on December 31, 2023.
Remarks
The trading symbols for the Issuer's Series A, Series B and Series C common stock are, respectively, DISCA, DISCB and DISCK.