4//SEC Filing
McGaw Stephen A. 4
Accession 0000899243-22-014625
CIK 0001889658other
Filed
Apr 11, 8:00 PM ET
Accepted
Apr 12, 8:00 PM ET
Size
8.6 KB
Accession
0000899243-22-014625
Insider Transaction Report
Form 4
Magallanes, Inc.NONE
McGaw Stephen A.
President
Transactions
- Disposition to Issuer
Common Stock
2022-04-08−69,536.712→ 0 total - Disposition to Issuer
Common Stock
2022-04-08−53,350→ 0 total - Disposition to Issuer
Common Stock
2022-04-08−21,548.629→ 0 total(indirect: By 401(k))
Footnotes (2)
- [F1]Represents 144,435.3411 shares of the Issuer's common stock acquired by the Reporting Person in a pro rata distribution by AT&T Inc. ("AT&T") to holders of its common stock for no consideration, which occurred on April 8, 2022 in a transaction exempt under Rules 16a-9 and 16b-3 of the Securities Exchange Act of 1934, as amended (the "Distribution").
- [F2]Following the Distribution, each share of the Issuer's common stock was disposed of pursuant to the Agreement and Plan of Merger between AT&T, the Issuer, Discovery, Inc. (renamed Warner Bros. Discovery, Inc. ("WBD") in connection with the merger) and Drake Subsidiary, Inc., in exchange for 34,940 shares of WBD common stock, in the aggregate, having a market value of $24.78 per share on April 11, 2022.
Documents
Issuer
Magallanes, Inc.
CIK 0001889658
Entity typeother
Related Parties
1- filerCIK 0001734972
Filing Metadata
- Form type
- 4
- Filed
- Apr 11, 8:00 PM ET
- Accepted
- Apr 12, 8:00 PM ET
- Size
- 8.6 KB