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

May 23, 2014

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: Discovery Communications, Inc. (DISCA)
CIK: 0001437107
Period of Report: 2014-05-16

Reporting Person: Leavy David (Chief Communications Officer)

Holdings (Non-Derivative)

Security	Shares	Ownership
Series A Common Stock	8335	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Employee Stock Option (right to acquire)	$32.39	2017-03-15	Series A Common Stock (8487)		Direct
Employee Stock Option (right to acquire)	$38.76	2018-03-16	Series A Common Stock (6391)		Direct
Employee Stock Option (right to acquire)	$43.34	2019-01-13	Series A Common Stock (5147)		Direct
Employee Stock Option (right to acquire)	$47.87	2019-03-15	Series A Common Stock (10226)		Direct
Employee Stock Option (right to acquire)	$74.88	2020-03-01	Series A Common Stock (8088)		Direct
Employee Stock Option (right to acquire)	$83.32	2021-02-28	Series A Common Stock (11491)		Direct

Footnotes

F1: This option vested in four equal annual installments beginning March 15, 2011.

F2: This option vests in four equal annual installments beginning March 16, 2012.

F3: This option vests in four equal annual installments beginning January 13, 2013.

F4: This option vests in four equal annual installments beginning March 15, 2013.

F5: This option vests in four equal annual installments beginning March 1, 2014.

F6: This option vests in four equal annual installments beginning February 28, 2015.