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Warner Bros. Discovery, Inc. Director's Dealing 2014

Nov 17, 2014

30161_dirs_2014-11-17_a05f893f-72f4-420d-9fbd-0b503c79ad68.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Discovery Communications, Inc. (DISCK)
CIK: 0001437107
Period of Report: 2014-11-06

Reporting Person: ADVANCE LONG-TERM MANAGEMENT TRUST (10% Owner)
Reporting Person: NEWHOUSE FAMILY HOLDINGS, L.P. (10% Owner)
Reporting Person: ADVANCE PUBLICATIONS, INC (10% Owner)
Reporting Person: NEWHOUSE BROADCASTING CORP (10% Owner)

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2014-11-06 Series C participating preferred stock $ D 600081 Disposed Series C common stock (1200162) Indirect
2014-11-06 Series C participating preferred stock $ D 396428 Disposed Series C common stock (792856) Indirect

Footnotes

F1: Each share of Series C preferred stock is convertible pursuant to its terms into two shares of Series C common stock at any time (following a stock split that occurred on August 6, 2014).

F2: Through subsidiaries; each reporting person disclaims beneficial ownership except to the extent of its pecuniary interest.

F3: Sold to the issuer in an exempt transaction.