SEC Form 4 · accession 0001209191-19-016664
Warner Bros. Discovery, Inc. · WBD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Savalle Sims
Officer — General Counsel
Period of report
Mar 1, 2019
Accepted (ET)
Mar 5, 2019 · 4:56 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 Stock | Mar 1, 2019 | A | 13,842 | $0.00 | A | 48,684 | D | |
| Series A Common Stock | Mar 4, 2019 | M | 281 | $24.30 | A | 48,965 | D | |
| Series A Common Stock | Mar 4, 2019 | M | 6,016 | $25.08 | A | 54,981 | D | |
| Series A Common Stock | Mar 4, 2019 | M | 2,400 | $26.10 | A | 57,381 | D | |
| Series A Common Stock | Mar 4, 2019 | M | 3,382 | $24.06 | A | 60,763 | D | |
| Series A Common StockF1 | Mar 4, 2019 | S | 16,486 | $28.58 | D | 44,277 | D | |
| Series C Common Stock | Mar 4, 2019 | S | 137 | $27.045 | D | 0 | 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 OptionF2 | $24.30 | Mar 4, 2019 | A | 281 | D | Mar 15, 2013 | Mar 15, 2019 | Series A Common Stock | 281 | 0 | D |
| Employee Stock OptionF3 | $25.08 | Mar 4, 2019 | A | 6,016 | D | Feb 26, 2017 | Feb 26, 2023 | Series A Common Stock | 6,016 | 2,006 | D |
| Employee Stock OptionF4 | $26.21 | Mar 4, 2019 | A | 2,400 | D | May 22, 2018 | May 22, 2024 | Series A Common Stock | 2,400 | 7,201 | D |
| Employee Stock OptionF5 | $24.06 | Mar 4, 2019 | A | 3,382 | D | Mar 1, 2019 | Mar 1, 2025 | Series A Common Stock | 3,382 | 10,149 | D |
Explanation of responses
- F1The price reported represents the weighted average sales price of shares of Series A common stock sold in multiple transactions at prices ranging from $28.563 to $28.60 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 sold at each price within the range.
- F2This option is fully vested and exercisable.
- F3This option vests in four equal annual installments beginning February 26, 2017.
- F4This option vests in four equal annual installments beginning May 22, 2018.
- F5This 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.