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Warner Bros. Discovery, Inc. — Director's Dealing 2011
May 12, 2011
30161_dirs_2011-05-12_3a4f7dbc-b373-4177-8e01-f6657a73ad3a.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Discovery Communications, Inc. (DISCA)
CIK: 0001437107
Period of Report: 2011-05-10
Reporting Person: Alpert-Romm Adria (SEVP Human Resources)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2011-05-10 | Series A Common Stock | M | 72877 | $15.34 | Acquired | 72877 | Direct |
| 2011-05-10 | Series A Common Stock | S | 72877 | $44.47 | Disposed | 0 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2011-05-10 | Employee Stock Options (right to buy) | $15.34 | M | 72877 | Disposed | 2012-06-12 | Series A Common Stock (72877) | Direct |
Footnotes
F1: The price reported represents the weighted average sales price of shares of Series A common stock sold in multiple transactions at prices ranging from $44.46 to $44.50 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.
F2: This stock option vested 33% on both of March 10, 2010 and March 10, 2011 and the vesting of the remaining 34% will take place on March 10, 2012.