Cooper Stephen Forbes 4
4 · Warner Music Group Corp. · Filed Dec 10, 2020
Insider Transaction Report
Form 4
Cooper Stephen Forbes
DirectorCEO
Transactions
- Sale
Class A Common Stock
2020-12-08$31.04/sh−557,000$17,289,280→ 4,803,864 total
Holdings
- 7,048,933(indirect: By Trust)
Class A Common Stock
Footnotes (3)
- [F1]Includes shares of the Issuer's Class A Common Stock received in settlement of the reporting person's vested Deferred Equity Units issued under the Second Amended and Restated Warner Music Group Corp. Senior Management Free Cash Flow Plan.
- [F2]Includes shares of the Issuer's Class A Common Stock that converted from shares of the Issuer's Class B Common Stock previously held by WMG Management Holdings, LLC, ("Management LLC") represented by Class A Units and Class B Units of Management LLC held directly and in trust by the reporting person, which units in Management LLC were redeemed from the reporting person on December 2, 2020 in exchange for shares of the Issuer's Class A Common Stock pursuant to the terms of the Second Amended and Restated Limited Liability Company Agreement of Management LLC.
- [F3]Held by two grantor retained annuity trusts.