Warner Bros. Discovery, Inc. — Director's Dealing 2012

Mar 19, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Discovery Communications, Inc. (DISCA)
CIK: 0001437107
Period of Report: 2012-03-15

Reporting Person: Colan Thomas (EVP & Chief Accounting Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-03-15	Series A Common Stock	A	2088	$0.00	Acquired	8837	Direct
2012-03-15	Series A Common Stock	F	329	$47.87	Disposed	8508	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-03-15	Employee Stock Option (right to buy)	$47.87	A	6239	Disposed	2019-03-15	Series A Common Stock (6239)	Direct

Footnotes

F1: This option vests in four equal annual installments beginning March 15, 20123.