4//SEC Filing
Leavy David 4
Accession 0001437107-22-000103
CIK 0001437107other
Filed
Apr 11, 8:00 PM ET
Accepted
Apr 12, 6:48 PM ET
Size
32.0 KB
Accession
0001437107-22-000103
Insider Transaction Report
Form 4
Leavy David
Chief Communications Officer
Transactions
- Disposition to Issuer
Series C Common Stock
2022-04-08−5,521→ 0 total - Award
Series A Common Stock
2022-04-08+160,310→ 160,310 total - Disposition to Issuer
Series A Common Stock
2022-04-08−154,789→ 0 total - Disposition to Issuer
Employee Stock Option (right to acquire)
2022-04-08−85,944→ 0 totalExercise: $25.70From: 2021-02-28Exp: 2027-02-28→ Series A Common Stock (85,944 underlying) - Disposition to Issuer
Employee Stock Option (right to acquire)
2022-04-08−16,914→ 0 totalExercise: $24.06From: 2019-03-01Exp: 2025-03-01→ Series A Common Stock (16,914 underlying) - Award
Employee Stock Option
2022-04-08+16,914→ 16,914 totalExercise: $24.06From: 2022-04-08Exp: 2025-03-01→ Series A Common Stock (16,914 underlying) - Award
Employee Stock Option
2022-04-08+29,101→ 29,101 totalExercise: $29.08From: 2022-04-08Exp: 2026-03-01→ Series A Common Stock (29,101 underlying) - Award
Employee Stock Option
2022-04-08+85,944→ 85,944 totalExercise: $25.70From: 2022-04-08Exp: 2027-02-28→ Series A Common Stock (85,944 underlying) - Disposition to Issuer
Employee Stock Option
2022-04-08−65,273→ 0 totalExercise: $58.18From: 2022-03-01Exp: 2028-03-01→ Series A Common Stock (65,273 underlying) - Disposition to Issuer
Employee Stock Option (right to acquire)
2022-04-08−29,101→ 0 totalExercise: $29.08From: 2020-03-01Exp: 2026-03-01→ Series A Common Stock (29,101 underlying) - Award
Employee Stock Option
2022-04-08+65,273→ 65,273 totalExercise: $58.18From: 2022-04-08Exp: 2028-03-01→ Series A Common Stock (65,273 underlying)
Footnotes (12)
- [F1]Represents Series A common stock of Discovery, Inc., par value $0.01 per share ("DISCA").
- [F10]As initially granted, this option vests in four equal annual installments beginning March 1, 2020.
- [F11]As initially granted, this option vests in four equal annual installments beginning February 28, 2021.
- [F12]This option vests in four equal annual installments beginning on March 1, 2022.
- [F2]Represents shares of DISCA and DISCK (as defined below) disposed of in the reclassification and automatic conversion on April 8, 2022 by Discovery, Inc. ("Discovery") of all of its shares of capital stock into shares of Series A common stock of Warner Bros. Discovery, Inc., par value $0.01 per share ("WBD Series A common stock"). On April 8, 2022, Discovery completed a transaction pursuant to which a wholly-owned subsidiary of Discovery combined with AT&T's WarnerMedia business (the "WarnerMedia Business") in a Reverse Morris Trust transaction and Discovery became the parent entity of the combined Discovery and WarnerMedia Business (the "Combination"). In connection with the Combination, Discovery, Inc. was renamed Warner Bros. Discovery, Inc.
- [F3]Represents Series C common stock of Discovery, Inc., par value $0.01 per share ("DISCK").
- [F4]Represents WBD Series A common stock.
- [F5]Represents shares of WBD Series A common stock acquired in the reclassification and automatic conversion of DISCA and DISCK into WBD Series A common stock on a one-for-one basis in connection with the Combination.
- [F6]Represents stock options to acquire DISCA that were disposed of in exchange for, on a one-for-one basis, stock options to acquire WBD Series A common stock having substantially the same terms in connection with the Combination.
- [F7]This option is fully vested and exercisable.
- [F8]Represents DISCA.
- [F9]Represents stock options to acquire WBD Series A common stock that were acquired in exchange for, on a one-for-one basis, stock options to acquire DISCA having substantially the same terms in connection with the Combination.
Issuer
Warner Bros. Discovery, Inc.
CIK 0001437107
Entity typeother
Related Parties
1- filerCIK 0001608489
Filing Metadata
- Form type
- 4
- Filed
- Apr 11, 8:00 PM ET
- Accepted
- Apr 12, 6:48 PM ET
- Size
- 32.0 KB