Perrette Jean-Briac 4
4 · Warner Bros. Discovery, Inc. · Filed Feb 28, 2024
Insider Transaction Report
Form 4
Perrette Jean-Briac
Pres.&CEO, Global Streaming
Transactions
- Award
Series A Common Stock
2024-02-26+272,088→ 1,077,199 total - Award
Series A Common Stock
2024-02-26+256,082→ 1,333,281 total
Footnotes (2)
- [F1]These shares represent the target amount of performance-based restricted stock units granted to the reporting person in March 2023. On February 26, 2024, the Compensation Committee determined that certain performance criteria had been met.
- [F2]These shares represent performance-based restricted stock units granted to the reporting person in March 2023 ("PRSUs") and were earned based solely on WBD's 2023 free cash flow ("FCF") performance in relation to a pre-established target. On February 26, 2024, the WBD Compensation Committee certified that WBD's 2023 FCF performance, excluding the FCF benefit derived from the 2023 guild strikes, was significantly above the established target, resulting in these PRSUs being earned at 200% of target.